What a 12 months 2024 has been right here at Clio! We celebrated exceptional monetary achievements, unveiled cutting-edge merchandise and options, hosted the record-shattering twelfth Clio Cloud Convention, and launched our eagerly-awaited annual Authorized Traits Report.
However in case you missed something this 12 months from Clio, don’t fear. We’ve summarized our high highlights from 2024, from the discharge of our legal-specific accounting software program, Clio Accounting, to our AI-powered software, Clio Duo, and extra.
Listed here are only a few issues Clio completed in 2024:
Funded a $900 million Collection F spherical, Clio’s valuation climbed to $3 billion
Hosted the largest ClioCon but with over 5000 attendees
Launched three new merchandise: Clio Duo, Clio Accounting, and Clio File
Partnered with over 100 bar associations and regulation societies worldwide
And that’s not all! Learn on to be taught extra about Clio’s achievements in 2024 and to find something that you just might need missed.
Our newest Authorized Traits Report dives into how AI is impacting regulation corporations from shifting away from the billable hour, to boosting shopper communication and satisfaction—Learn it right here.
Clio’s Collection F funding
In July 2024, we introduced the most important transaction ever in cloud authorized know-how by elevating US $900 million, based mostly on a US $3 billion valuation, in a Collection F funding spherical.
This Collection F funding spherical was led by New Enterprise Associates (NEA) and included participation from Goldman Sachs Asset Administration, Sixth Avenue Development, CapitalG, and Tidemark.
“There’s a lot to perform for the success of our clients to allow them to thrive in an economic system that embraces know-how in each interplay.” – Jack Newton, Clio Founder and CEO
This funding represents the start of an thrilling progress part, and can allow us to proceed to push the bounds of innovation and progress in legaltech. Because of this, our clients can count on even higher benefits from working with us transferring ahead.
Greatest ClioCon ever
Our annual Clio Cloud Convention was larger in Texas! Hosted in vibrant Austin, ClioCon 2024 welcomed a record-breaking 2,500 in-person attendees and 1,500 digital contributors from world wide.
Attendees had the possibility to collaborate instantly with Clio workforce members in our product labs and discover periods masking subjects like synthetic intelligence, billing improvements, cybersecurity developments, and extra—together with an in-depth take a look at the Authorized Traits Report with Clio’s Lawyer-in-Residence, Joshua Lenon.
ClioCon’s 2024 keynote shows have been delivered by Clio Founder and CEO Jack Newton (which included a dwell demo of Clio’s AI-powered answer, Clio Duo), Decide Victoria Pratt, Nita Farahany, and James Clear, who all supplied highly effective and thought-provoking views, masking subjects like delivering justice with respect, defending cognitive freedom, and growing habits for steady progress.
For extra highlights, discover the 2024 Clio Cloud Convention in Evaluate, and don’t wait to safe your ticket for the 2025 Clio Cloud Convention in Boston!
Celebrating Clio’s one centesimal bar partnership
We have been very proud to announce reaching 100+ partnerships with bar associations and regulation societies world wide—together with all 50 state bars in the US and distinguished associations in Canada, the UK, Eire, and Australia.
“Our one centesimal partnership is a landmark milestone in Clio’s evolving management throughout the authorized {industry}—and it’s symbolic of the transformative position that know-how has had within the success of attorneys and their practices, right this moment.” – Jack Newton, Clio Founder and CEO
Along with celebrating the milestone of 100 bar companions, Clio has additionally marked progress in different methods throughout the corporate:
Clio now serves clients in additional than 130 nations world wide
Clio has grown its workforce to greater than 1,200 workers
Greater than 280+ app integration companions join with Clio, making it the most important legaltech ecosystem on the planet
Reworking authorized follow by means of know-how
2024 stood out as a landmark 12 months with the debut of three game-changing options tailor-made to the wants of authorized professionals. The launch of those instruments underscores our dedication to innovation, redefining the boundaries of authorized software program with intuitive, industry-specific options that drive the authorized career ahead.
Clio Duo
Our AI-powered answer, Clio Duo, was unveiled to the general public at ClioCon the place Jack shared a dwell, on-stage demo showcasing the powers of Duo (another excuse to not miss ClioCon!)
Powered by generative AI know-how, Clio Duo streamlines the whole lot from case administration to doc evaluations, serving to corporations function at peak effectivity. Say goodbye to overwhelming paperwork and missed deadlines—our AI software handles repetitive duties, liberating attorneys to focus on technique, shopper connections, and important casework.
With Clio Duo, attorneys can:
Discover solutions rapidly: Extract key particulars from paperwork and instances in seconds.
Keep on high of duties and deadlines: Prioritize pressing duties and deadlines with good suggestions
Handle duties effectively: Create duties, calendar occasions and add time entries and notes from wherever in Clio’s case administration platform.
Monitor time: Obtain options for unlogged notes, calls, and emails.
Reply sooner: AI-generated emails and textual content messages show you how to reply to shoppers rapidly.
All this, with out compromising your agency’s privateness and safety.
Desperate to be taught extra? Guide a Clio Duo demo right this moment.
Clio Accounting
In July, we launched Clio Accounting, our highly-anticipated legal-specific accounting software.
Clio Accounting was designed to simplify the often-daunting activity of managing regulation agency funds, streamlining workflows, and dashing up monetary processes to set attorneys and authorized accountants up for achievement and guarantee seamless accounting operations on your agency.
With Clio Accounting, attorneys can:
Handle and monitor funds in a single place
Eradicate guide knowledge entry and the danger of error
Get a real-time view of the cash you’re owed
Auto-sync monetary data throughout Clio
Robotically match transactions out of your checking account to your books
Preserve earned and unearned funds separate
Reconcile belief and working accounts in accordance to jurisdictional necessities
Entry reconciliation and ledger studies
Create invoices detailing belief transactions
For those who haven’t began with Clio Accounting but, ebook a demo right this moment to see the way it can revolutionize your agency’s accounting processes!
Clio File
Clio File was additionally unveiled in July, giving customers the power to file courtroom paperwork instantly from Clio Handle.
Clio File simplifies the e-filing course of, permitting you to handle your e-filing inside your follow administration software program.
With Clio File, attorneys can:
File courtroom paperwork from the identical place you handle your agency
By no means miss courtroom deadlines with the Courtroom Guidelines characteristic
Monitor the standing of your filings with real-time updates
Preserve your litigation bills easy with automated payment expensing
Streamline your doc workflows from drafted to filed
Clio File is rolling out state by state and is at present out there in Texas and Georgia. Tell us the place you’d wish to see Clio File come subsequent!
Wish to be taught extra? Guide a Clio File demo right this moment!
Authorized Traits Report
Our newest Authorized Traits Report gives the authorized {industry}’s most complete evaluation of the present state of authorized follow. It delivers very important insights into key challenges and alternatives shaping the career, together with the rise of AI, the evolution of pricing fashions, methods for optimizing shopper consumption, and the way regulation corporations are investing in progress.
Listed here are only a few of our key findings from this 12 months’s report:
79% of surveyed authorized professionals are now utilizing AI in some capability of their follow
74% of billable work that’s billed by the hour could possibly be automated by generative AI.
Companies now invoice 34% extra instances and cost 20% increased charges on a flat-fee foundation in comparison with 2016.
71% of shoppers want flat charges for complete instances, whereas 51% favor flat charges for particular case actions.
Learn our newest Authorized Traits Report
Reflecting on awards and recognitions
Clio was very proud to be acknowledged for our tradition, administration, and improvements in legaltech this 12 months, and are equally excited to honor our integration companions with our annual Integration Awards.
Clio Joins the 2024 Forbes Cloud 100
Clio was named within the Forbes 2024 Cloud 100—a prestigious checklist recognizing the highest 100 personal cloud corporations globally, curated by Forbes in collaboration with Bessemer Enterprise Companions and Salesforce Ventures.
Fortune’s Future 50 Record
We have been very proud to announce our inclusion in Fortune’s Future 50 Record for the primary time, claiming the 18th spot. The Boston Consulting Group expanded its scope this 12 months to incorporate privately held corporations with over $1 billion in funding, acknowledging venture-backed corporations.
Canada’s Prime 100 Employers for 2025
Clio was included in Canada’s Prime 100 Employers checklist for 2025—This marks the sixth 12 months in a row that Clio has been acknowledged, underscoring our dedication to fostering a high-performing and people-centered office.
Canada’s Prime Employers for Younger Individuals
We celebrated our fifth consecutive 12 months as considered one of Canada’s Prime Employers for Younger Individuals, a distinguished recognition honoring organizations that create distinctive workplaces and alternatives for younger professionals.
Platinum Rating for Canada’s Finest Managed Firms
We attained platinum standing in Canada’s Finest Managed Firms program. After seven consecutive years of recognition within the silver and gold tiers, Clio celebrates its promotion to Canada’s Finest Managed Firms’s highest stage of distinction in 2024.
Clio 2024 Integration Award winners
Our annual Integration Awards honor distinctive innovation and the impactful contributions of authorized know-how builders in Clio’s App Listing. These awards highlight essentially the most cutting-edge options designed to raise authorized companies for each professionals and their shoppers.
Finest New App: Tempello was acknowledged for its excellent innovation.
Finest Observe of Regulation App: Proof stood out for its contribution to enhancing authorized follow.
Finest Enterprise of Regulation App: Case Standing was chosen for its affect on regulation agency enterprise operations.
Development in management
We expanded our senior management workforce with key appointments and promotions all year long. The next innovators and excellent leaders will assist us proceed to remodel the authorized expertise for all!
Marina Harris, Chief Individuals Officer
Nick Anderson, Senior VP, Buyer Success
AJ Axelrod, VP, Funds and Monetary Providers
Amy Hedrick, VP, Product Design
Chris Inventory, VP, Authorized Content material and Migrations
Harsha Chandra Shekar, VP, Enterprise Improvement
Michelle Dunlea’s promotion to VP, Product Administration
Clio celebrates 1,000+ workers worldwide
We reached an thrilling milestone with our workforce rising to over 1,200 workers (affectionately often known as “Clions”) worldwide—and we’re increasing at a charge of roughly 15% 12 months over 12 months. Our growth throughout the globe has allowed us to push extra boundaries and affect and rework the authorized panorama on a worldwide scale.
Clio’s major hubs are positioned in Vancouver, Toronto, Calgary, Dublin, and Sydney, with tons of of roles hiring throughout all departments. Take a look at our careers web page for present openings!
Clio’s partnership with the Vancouver Canucks
As a Vancouver-based firm, we have been thrilled to announce that Clio is the official away jersey accomplice for the Vancouver Canucks, partnering with Canucks Sports activities & Leisure (CSE) in a multi-year settlement.
The following time you’re watching a Canucks away sport, maintain your eyes peeled for the Clio brand in your favorite participant’s jersey!
Goodbye 2024, good day 2025!
Trying again, 2024 was a really exceptional 12 months at Clio, from progressive product launches to {industry} recognition.
The whole Clio group performed an element in shaping our impactful journey in 2024, with progress, partnerships, and teamwork defining these achievements.
Thrilling alternatives lie forward as we embrace 2025 with enthusiasm. Thanks for being a part of a unprecedented chapter in authorized know-how!
Wish to keep within the loop with Clio? Safe your tickets and save the date for the 2025 Clio Convention in Boston, MA! Be a part of us for unique new characteristic bulletins, product updates, and the possibility to have interaction with 200+ Clio workforce members in individual. This one-of-a-kind occasion guarantees unparalleled alternatives to attach, collaborate, and be impressed—you gained’t need to miss it!
We revealed this weblog submit in December 2024. Final up to date: December 16, 2024.
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