Vancouver-based Clio has received regulatory approval for its proposed USD $1-billion acquisition of vLex, a global legal research platform, paving the way for the largest transaction in legal technology history. CEO Jack Newton announced the milestone during the BC Tech Association’s Technology Impact Awards, confirming all competition reviews are complete.
The deal combines vLex’s database of one billion legal documents across 100 jurisdictions with Clio’s practice management, billing, and collaboration tools. “This is a watershed moment for Clio and the broader legal profession,” Newton said, adding the acquisition will enable “technology that understands the substance of the law.”
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