Vancouver’s Clio has announced a $1 billion acquisition of vLex, a global leader in legal intelligence and AI research. The transaction, combining cash and stock, is the largest in Clio’s 17-year history. CEO Jack Newton called it a “watershed moment,” positioning Clio to unify legal practice management with advanced research tools.
vLex’s AI platform, Vincent, is trusted by Am Law 100 firms and courts worldwide for its accuracy and vast legal content. Clio plans to integrate Vincent with its legal operating system to create a single intelligent platform. The deal is expected to close later this year pending approvals.
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