Over the first three posts in this series, I’ve talked about the shrinking ownership of law practice management technology for solo and small firms — how most of the major contenders in the market have all come to be owned by just six overarching ownership groups.
I’ve shown you who those groups are and which products they own. I’ve covered
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Clio
The Shrinking Ownership of Law Practice Management Technology (Part 3 of 4): Future Development and Market Opportunities
In the first two posts in this series, I have talked about the consolidation of ownership that has occurred in recent years for law practice management technology. Whereas this market was once characterized by a variety of competing companies, virtually all of the major products are now owned by one of six ownership groups. Part 2 provided a “scorecard” of…
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The Shrinking Ownership of Law Practice Management Technology (Part 2 of 4): A Scorecard of Who Owns What
“You can’t tell the players without a scorecard,” yelled the hawkers of olden days at major league baseball stadiums. In the modern days of law practice management, that may still be true.
As I wrote yesterday in part one of this four-part series, the law practice management market has undergone dramatic consolidation, from what was once a robust marketplace…
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The Shrinking Ownership of Law Practice Management Technology (Part 1 of 4): A Market Dominated by Just Six Ownership Groups
Sixteen years ago marked the beginning of a sea change in law practice management technology for solo and small law firms. On March 1, 2008, a virtually unknown company out of Canada called Themis Solutions launched the first cloud-based software product for managing a law practice, called Clio. Coincidentally, just a week earlier, another company, Rocket Matter,…
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Clio Sets Legal Tech Funding Record with $900M Raise at $3B Valuation; LawNext Has Exclusive Podcast Interview with Founder Jack Newton
The law practice management company Clio today announced a record-setting raise of $900 million, at a valuation of a whopping $3 billion, in an oversubscribed Series F investment round that the company says will accelerate its ability to continue to build and develop its multi-product platform and expand its market both to larger firms and to more than 130 countries…
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Clio Launches Its Own Legal-Specific Accounting and Bookkeeping Software as Add-On to Clio Manage
The law practice management company Clio today unveiled Clio Accounting, providing legal-specific bookkeeping and accounting as an add-on to U.S. customers of its Clio Manage platform.
I have not had an opportunity to see a demonstration of it, but Clio said in an announcement that it includes features to sync information from Clio Manage to log transactions within a…
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In A First for Law Practice Management Platforms, Clio Rolls Out An Integrated E-Filing Service in Texas
Last October, during its annual Clio Cloud Conference, the law practice management company Clio announced its plan to roll out an e-filing service, called Clio File, during 2024, starting with Texas, which would make it the first law practice management platform with built-in e-filing. Today, it delivered on that promise, launching Clio File for e-filing in Texas courts.
“Lawyers…
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Solo and Small Firms Plan to Adopt AI More Quickly than Larger Firms, But Not Fast Enough for Clients, Clio Survey Finds
Solo and small firm lawyers intend to adopt artificial intelligence at a much faster pace than their larger-firm counterparts, but their clients are even more enthusiastic about the technology, believing it can result in more affordable and higher quality services from their lawyers.
So says the 2024 Legal Trends for Solo and Small Firms report, released today by the law…
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Legal Tech Rundown: BCLP Launches AI Bill Tracker, Reveal Expands Its Partner Program, and More
An update on the legal tech market’s past few weeks, from product launches to new partnerships.
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Stuck In A Long-Term Contract with A Practice Management Vendor? Clio Offers to Buy You Out
Two years ago, Clio, the law practice management company, made an offer that some law firms might have found difficult to refuse. It offered to buy them out of up to six months of their contracts with competing practice management platforms if they switched to Clio’s platform.
Now Clio is reviving that offer, which it calls its Break Free Program…
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Updates from CEO Jack Newton On Recent Clio News: Midsized Firms, Gen AI, Legal Aid, and Clio Draft
During ABA Techshow last week in Chicago, I had the opportunity to sit down for a brief conversation with Jack Newton, founder and CEO of law practice technology company Clio, who provided additional details on some of the company’s recent news.
We discussed Clio’s greater focus on midsized law firms, its impending launch of generative AI, its roll-out…
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LegalTech Insights: Clio’s CEO Jack Newton talks gen AI differentiators, cloud parallels, and regulatory guidance
Caroline Hill sat down with Jack Newton, founder and CEO of SaaS legal practice management vendor Clio, to chat through his vision of how generative AI will be a differentiator; […]
The post LegalTech Insights: Clio’s CEO Jack Newton talks gen AI differentiators, cloud parallels, and regulatory guidance appeared first on Legal IT Insider.
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Clio Rebrands Lawyaw to Clio Draft, Hints at Future Upgrades
Lawyaw, now Clio Draft, has been a significant focus for Clio since its 2021 acquisition, with the practice management provider investing significantly in expanding the platform and its team.
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Clio Rebrands Lawyaw, the Document Assembly Software It Acquired In 2021, As Clio Draft
Law practice management company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft.
The new name reflects a deepened integration of products and services since the acquisition, Clio says.
“Uniting under the Clio banner gives us a clear focus on delivering value to our customers,” said Clio founder and…
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Practice Management Company Clio Says It Will Heighten Its Focus On Midsized Law Firms
More than 1,000 mid-sized law firms already subscribe to Clio, the company says, and it will now more heavily invest in products tailored to this market.
The post Practice Management Company Clio Says It Will Heighten Its Focus On Midsized Law Firms appeared first on Above the Law.
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