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Clio

Clio Strengthens Leadership With Foreman Appointment

May 12, 2025 by Newsdesk

Clio has appointed John Foreman as Chief Product Officer, reinforcing its commitment to innovation in legal technology. Foreman, previously Chief Product and Marketing Officer at Podium and former Chief Product Officer at Mailchimp, brings over 15 years of SaaS leadership experience.

At Clio, he will lead product strategy across its expanding platform, with a focus on intelligent, AI-driven tools that simplify legal work. CEO Jack Newton called Foreman a “bold” leader poised to redefine legal operations. Foreman’s background in data science and product development aligns with Clio’s mission to improve efficiency and client service in the legal profession.

Want to know more? Check out the source code on Newswire.ca.

Clio Report Charts New Legal Practice Trends

May 8, 2025 by Newsdesk

Clio has released its 2025 Legal Trends for Solo and Small Law Firms report, offering a detailed look at shifting legal practice dynamics. AI adoption remains cautious: only 8% of solo and 4% of small firms have integrated AI widely. Still, 80% anticipate greater use ahead. Flat fees are rising—used by 75% of solo firms—though hourly billing persists.

Digital intake tools drive higher revenue and lead conversion, yet underinvestment is limiting growth. Cloud software usage is high but solo firms lag in spending. Strategic adoption of technology and pricing models will be essential for long-term sustainability.

Want to know more? Check out the source code here.

Clio Moves Into Big Law with Strategic ShareDo Acquisition

March 13, 2025 by Newsdesk

Vancouver-based Clio has acquired UK-based ShareDo, an adaptive work management platform for large law firms, expanding beyond its traditional focus on solo and mid-sized practices. The move follows Clio’s record-breaking $900 million Series F round in 2024, the largest in Canadian history.

ShareDo, founded in 2011, specializes in case and matter management software, streamlining operations for firms across the UK, U.S., Canada, and Australia. Clio CEO Jack Newton called the acquisition a transformational step in legal tech. Ben Nicholson, ShareDo’s CEO, will become General Manager, overseeing future growth.

Want to know more? Check out the source code on Techcouver.

Clio Funds $3M Space for Entrepreneurs at UBC Sauder

February 13, 2025 by Newsdesk

Vancouver-based legaltech firm Clio has pledged $3 million to UBC Sauder School of Business, supporting entrepreneurship and innovation. The donation—one of the largest for UBC Sauder’s Powerhouse Project—will fund a dedicated collaboration space for students, faculty, and industry leaders. It will also house CDL-Vancouver, an accelerator for science and tech startups.

Clio CEO Jack Newton highlighted the initiative’s role in fostering game-changing ideas, while Co-founder Rian Gauvreau emphasized its impact on BC’s startup ecosystem. Dean Darren Dahl praised Clio’s commitment, calling it a transformational investment in business education.

Want to know more? Check out the source code on Techcouver.

Legal Tech Leader Clio Targets Canadian Market Growth

December 20, 2024 by Newsdesk

Legal tech giant Clio has inaugurated its largest office yet, a 28,000-square-foot Toronto space at 16 York Street, housing 200 employees. CEO Jack Newton emphasized its importance, balancing a distributed work model with in-person collaboration. Clio’s rapid expansion follows a record-breaking $900M funding round in 2024 and hitting $250M ARR.

The new office supports a strategic focus on Canada, leveraging Toronto’s tech and sales talent to tap into the dense legal market. Newton highlighted embedded payments and generative AI as key growth drivers. Clio’s ambition aims to inspire Canadian tech growth beyond Toronto.

Want to know more? Check out the source code on Techtalent.ca.

Shopify, Clio Represent Canada on Future 50 List

December 2, 2024 by Newsdesk

Fortune and Boston Consulting Group’s 2024 “Future 50” list features two Canadian companies: Shopify and first-time entrant Clio. Shopify ranked 25th, slipping from 16th in 2023, but continues to demonstrate strong growth, reporting $5 billion in Black Friday sales—a 20% year-over-year increase.

The Ottawa-based fintech recently surpassed a $200B market cap, securing its position as Canada’s second-largest public company. CFO Jeff Hoffmeister highlighted Shopify’s 26% revenue growth and strong cash flow margins, with the firm forecasting over 30% revenue growth for Q4. The list, dominated by tech giants like OpenAI and Snowflake, underscores Shopify’s global impact.

Want to know more? Check out the source code on Fintech.ca.

Wealthsimple, Clio, Hopper Ride Secondary Market Wave

December 2, 2024 by Newsdesk

Amid a sluggish IPO market, Canadian tech firms like Wealthsimple, Clio, and Safe Software are leveraging the booming secondary market, which reached $68 billion globally in H1 2024. Hopper, the Montréal-based travel platform, is seen as a potential candidate for another secondary deal, following similar moves in 2016 and 2020.

Brightspark partner and board member Sophie Forest suggests secondaries could reward Hopper’s employees and early investors if IPOs remain out of reach. While not actively pursuing a deal, Hopper President Dakota Smith emphasizes there’s no rush to go public. The secondary trend underscores creative liquidity solutions for private tech firms.

Want to know more? Check out the source code on BetaKit.

AI and Legal Tech Drive Surge in Canadian Venture Capital Funding

October 23, 2024 by Newsdesk

Canadian venture funding reached its highest level since early 2022, with companies raising US$2.8 billion in the third quarter of 2024, according to PitchBook data.

Major deals drove the surge, including a US$500-million round for AI firm Cohere and a US$900-million deal for legal software company Clio, which accounted for half of the total capital raised. However, the number of deals dropped, with just 165 companies securing funding, down from 235 in the previous quarter. Investors noted that while the quality of startups is improving, VC firms continue to face challenges raising new funds.

Want to know more? Check out the source code on The Logic.

ClioCon Celebrates Innovation and Customer Connection

October 15, 2024 by Newsdesk

Clio’s annual Clio Cloud Conference, or ClioCon, has become a cornerstone event in the legal technology industry. This year, CEO Jack Newton kicked off the event with gratitude, thanking attendees for their support during Clio’s 16-year journey. The conference, attended by over 5,000 legal professionals, celebrates Clio’s customer-centric approach.

Senior Vice President Jenny Dingus shared stories of how Clio has transformed lives, while Chief People Officer Marina Harris highlighted the event’s role in fostering employee engagement. ClioCon is more than just a marketing tool—it’s a reflection of Clio’s deep connection with its customers and mission.

Want to know more? Check out the source code on Techcouver.

AI Usage in Law Firms Surges to 79%, Reveals Clio’s 2024 Legal Trends Report

October 7, 2024 by Newsdesk

Clio has released its ninth annual Legal Trends Report, highlighting key shifts in the legal industry, including rapid AI adoption and increased use of flat fees. The report shows 79% of lawyers now use AI daily, up from 19% last year. Flat fee billing is also on the rise, as firms seek flexibility amid AI-driven efficiencies.

Law firms are increasing marketing and technology spending, leading to greater profitability. However, a secret shopper study revealed significant gaps in client responsiveness, with just 33% of law firms responding to inquiries. Improving client engagement remains critical for growth.

Want to know more? Check out the source code on Techcouver.

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