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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

Clio Sets Legal Tech Funding Record with $900M Raise at $3B Valuation; LawNext Has Exclusive Podcast Interview with Founder Jack Newton

by | Jul 23, 2024 | LawSite, legal matters

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...
Exclusive LawNext Interview: CEO Jack Newton on Clio’s Record-Setting $900M Raise

Exclusive LawNext Interview: CEO Jack Newton on Clio’s Record-Setting $900M Raise

by | Jul 23, 2024 | LawSite, legal matters

As the law practice management company Clio today announced a record $900 million funding round, the largest ever for a cloud legal technology company, at a whopping $3 billion valuation, Clio’s founder and CEO Jack Newton joins LawNext for an exclusive podcast...
Clio Launches Its Own Legal-Specific Accounting and Bookkeeping Software as Add-On to Clio Manage

Clio Launches Its Own Legal-Specific Accounting and Bookkeeping Software as Add-On to Clio Manage

by | Jul 16, 2024 | LawSite, legal matters

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...
Exclusive: Law Practice Management Software LEAP Introduces Three AI Features – with A Unique Human-In-the-Loop Twist

Exclusive: Law Practice Management Software LEAP Introduces Three AI Features – with A Unique Human-In-the-Loop Twist

by | Jul 15, 2024 | LawSite, legal matters

The law practice management company LEAP Legal Software is today introducing three artificial intelligence features built directly into its all-in-one practice management platform – including one with a unique human-in-the-loop twist. “LEAP’s AI solutions are not here...
Thomson Reuters Launches CoCounsel Drafting for Transactional Documents, with Litigation Docs Coming Later this Year

Thomson Reuters Launches CoCounsel Drafting for Transactional Documents, with Litigation Docs Coming Later this Year

by | Jul 15, 2024 | LawSite, legal matters

In a further expansion of the CoCounsel AI legal assistant it acquired last year through its purchase of Casetext, Thomson Reuters today unveiled CoCounsel Drafting, a document drafting tool that works within Microsoft Word and that leverages both the generative AI...
New Citators from vLex and Paxton Underscore That They Are The Holy Grail for Legal Research Companies

New Citators from vLex and Paxton Underscore That They Are The Holy Grail for Legal Research Companies

by | Jul 12, 2024 | LawSite, legal matters

Citators — tools that validate whether a case or statute is still good law — have always been an essential component of a full-featured legal research platform. But in this age of AI-generated hallucinations, they may be more important than ever before. Just two...
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