"The 13 th annual Clio user conference kicked off this week with the traditional opening keynote by Jack Newton, Clio CEO. Newton delivered what may have been the most consequential keynote in the company's history and one that signals a shift by Clio from a traditional practice management provider to a comprehensive platform that essentially does everything for the business and practice of law."
"But That's Not the Big Story Clio also earlier this year acquired vLex, the heavy-duty AI legal research player. The acquisition is pending regulatory approval. It is the vLex acquisition that is powering the Clio transformation that Newton described in his keynote. vLex has a huge amount of legal data in its wheelhouse to power sophisticated legal AI research. On top of this data, vLex developed Vincent, a powerful AI tool to work with this data and enable all sorts of actions and work."
Clio is shifting from a traditional practice-management provider to a comprehensive legal platform that covers both business and practice needs. Clio updated its Manage, Grow, and Accounting products and announced intent to enter the large-firm market for firms over 200 employees, supported by the ShareDo acquisition. Clio also acquired vLex (pending regulatory approval), gaining substantial legal data and the Vincent AI research tool. Vincent enables advanced legal research and can be applied to firm internal documents, allowing automated AI tasks across firms and combining internal and external data to power workflows and substantive legal work.
Read at Above the Law
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