Clio built its empire on small law firms. Now it's spending $1 billion to buy a seat at Big Law's table.
Clio's $1 billion acquisition of vLex aims to combine practice-management and AI-driven legal research to challenge Big Law incumbents and the LexisNexis/Westlaw duopoly.
Legaltech unicorn Harvey has agreed to spend $150 million on Azure over two years, an internal memo shows
Harvey has committed to a multi-year partnership with Microsoft, allocating $150 million to Azure, a strategic move strengthening their role in the legal tech space.