2024 at Clio: A Landmark Year in Review

What a year 2024 has been here at Clio! We celebrated remarkable financial achievements, unveiled cutting-edge products and features, hosted the record-shattering twelfth Clio Cloud Conference, and released our eagerly-awaited annual Legal Trends Report.

But if you missed anything this year from Clio, don’t worry. We’ve summarized our top highlights from 2024, from the release of our legal-specific accounting software, Clio Accounting, to our AI-powered tool, Clio Duo, and more.

Here are just a few things Clio accomplished in 2024:

• Funded a $900 million Series F round, Clio’s valuation climbed to $3 billion
• Hosted the biggest ClioCon yet with over 5000 attendees
• Launched three new products: Clio Duo, Clio Accounting, and Clio File
• Partnered with over 100 bar associations and law societies worldwide

And that’s not all! Read on to learn more about Clio’s achievements in 2024 and to discover anything that you might have missed.

Our latest Legal Trends Report dives into how AI is impacting law firms from shifting away from the billable hour, to boosting client communication and satisfaction—Read it here.

Clio’s Series F funding

In July 2024, we announced the largest transaction ever in cloud legal technology by raising US $900 million, based on a US $3 billion valuation, in a Series F investment round. 

This Series F investment round was led by New Enterprise Associates (NEA) and included participation from Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, and Tidemark.

“There’s much to accomplish for the success of our customers so they can thrive in an economy that embraces technology in every interaction.” – Jack Newton, Clio Founder and CEO

 

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This investment represents the beginning of an exciting growth phase, and will enable us to continue to push the bounds of innovation and progress in legaltech. As a result, our customers can expect even greater advantages from working with us moving forward.

Biggest ClioCon ever

Our annual Clio Cloud Conference was bigger in Texas! Hosted in vibrant Austin, ClioCon 2024 welcomed a record-breaking 2,500 in-person attendees and 1,500 virtual participants from around the world.

Attendees had the chance to collaborate directly with Clio team members in our product labs and explore sessions covering topics like artificial intelligence, billing innovations, cybersecurity advancements, and more—along with an in-depth look at the Legal Trends Report with Clio’s Lawyer-in-Residence, Joshua Lenon.

ClioCon’s 2024 keynote presentations were delivered by Clio Founder and CEO Jack Newton (which included a live demo of Clio’s AI-powered solution, Clio Duo), Judge Victoria Pratt, Nita Farahany, and James Clear, who all offered powerful and thought-provoking perspectives, covering topics like delivering justice with respect, protecting cognitive freedom, and developing habits for continuous growth.

For more highlights, explore the 2024 Clio Cloud Conference in Review, and don’t wait to secure your ticket for the 2025 Clio Cloud Conference in Boston!

Celebrating Clio’s 100th bar partnership

We were very proud to announce reaching 100+ partnerships with bar associations and law societies around the world—including all 50 state bars in the United States and prominent associations in Canada, the UK, Ireland, and Australia.

“Our 100th partnership is a landmark milestone in Clio’s evolving leadership within the legal industry—and it’s symbolic of the transformative role that technology has had in the success of lawyers and their practices, today.” – Jack Newton, Clio Founder and CEO

In addition to celebrating the milestone of 100 bar partners, Clio has also marked growth in other ways across the company:

• Clio now serves customers in more than 130 countries around the world
• Clio has grown its workforce to more than 1,200 employees
• More than 280+ app integration partners connect with Clio, making it the largest legaltech ecosystem in the world

Transforming legal practice through technology

2024 stood out as a landmark year with the debut of three game-changing solutions tailored to the needs of legal professionals. The launch of these tools underscores our commitment to innovation, redefining the boundaries of legal software with intuitive, industry-specific solutions that drive the legal profession forward.

Clio Duo

Our AI-powered solution, Clio Duo, was unveiled to the public at ClioCon where Jack shared a live, on-stage demo showcasing the powers of Duo (another reason not to miss ClioCon!)

Powered by generative AI technology, Clio Duo streamlines everything from case management to document reviews, helping firms operate at peak efficiency. Say goodbye to overwhelming paperwork and missed deadlines—our AI tool handles repetitive tasks, freeing lawyers to concentrate on strategy, client connections, and essential casework.

With Clio Duo, lawyers can:

• Find answers quickly: Extract key details from documents and cases in seconds.
• Stay on top of tasks and deadlines: Prioritize urgent tasks and deadlines with smart recommendations
• Manage tasks efficiently: Create tasks, calendar events and add time entries and notes from anywhere in Clio’s case management platform.
• Track time: Receive suggestions for unlogged notes, calls, and emails.
• Respond faster: AI-generated emails and text messages help you reply to clients quickly.

All this, without compromising your firm’s privacy and security. 

Eager to learn more? Book a Clio Duo demo today. 

Clio Accounting

In July, we launched Clio Accounting, our highly-anticipated legal-specific accounting tool.

Clio Accounting was designed to simplify the often-daunting task of managing law firm finances, streamlining workflows, and speeding up financial processes to set lawyers and legal accountants up for success and ensure seamless accounting operations for your firm.

With Clio Accounting, lawyers can:

• Manage and track finances in one place
• Eliminate manual data entry and the risk of error
• Get a real-time view of the money you’re owed
• Auto-sync financial information across Clio
• Automatically match transactions from your bank account to your books
• Keep earned and unearned funds separate
• Reconcile trust and operating accounts in accordance to jurisdictional requirements
• Access reconciliation and ledger reports
• Create invoices detailing trust transactions

If you haven’t started with Clio Accounting yet, book a demo today to see how it can revolutionize your firm’s accounting processes! 

Clio File

Clio File was also unveiled in July, giving users the ability to file court documents directly from Clio Manage.  

Clio File simplifies the e-filing process, allowing you to manage your e-filing within your practice management software.

With Clio File, lawyers can:

• File court documents from the same place you manage your firm
• Never miss court deadlines with the Court Rules feature
• Track the status of your filings with real-time updates 
• Keep your litigation expenses simple with automatic fee expensing
• Streamline your document workflows from drafted to filed

Clio File is rolling out state by state and is currently available in Texas and Georgia. Let us know where you’d like to see Clio File come next!

Want to learn more? Book a Clio File demo today!

Legal Trends Report

Our latest Legal Trends Report offers the legal industry’s most comprehensive analysis of the current state of legal practice. It delivers vital insights into key challenges and opportunities shaping the profession, including the rise of AI, the evolution of pricing models, strategies for optimizing client intake, and how law firms are investing in growth.

Here are just a few of our key findings from this year’s report: 

• 79% of surveyed legal professionals are now using AI in some capacity in their practice
• 74% of billable work that’s billed by the hour could be automated by generative AI.
• Firms now bill 34% more cases and charge 20% higher rates on a flat-fee basis compared to 2016.
• 71% of clients prefer flat fees for entire cases, while 51% favor flat fees for specific case activities.

Read our latest Legal Trends Report

Reflecting on awards and recognitions

Clio was very proud to be recognized for our culture, management, and innovations in legaltech this year, and are equally excited to honor our integration partners with our annual Integration Awards.

Clio Joins the 2024 Forbes Cloud 100

Clio was named in the Forbes 2024 Cloud 100—a prestigious list recognizing the top 100 private cloud companies globally, curated by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures.

Fortune’s Future 50 List

We were very proud to announce our inclusion in Fortune’s Future 50 List for the first time, claiming the 18th spot. The Boston Consulting Group expanded its scope this year to include privately held companies with over $1 billion in funding, acknowledging venture-backed firms.

Canada’s Top 100 Employers for 2025

Clio was included in Canada’s Top 100 Employers list for 2025—This marks the sixth year in a row that Clio has been recognized, underscoring our dedication to fostering a high-performing and people-centered workplace.

Canada’s Top Employers for Young People

We celebrated our fifth consecutive year as one of Canada’s Top Employers for Young People, a distinguished recognition honoring organizations that create exceptional workplaces and opportunities for young professionals.

Platinum Ranking for Canada’s Best Managed Companies

We attained platinum status in Canada’s Best Managed Companies program. After seven consecutive years of recognition in the silver and gold tiers, Clio celebrates its promotion to Canada’s Best Managed Companies’s highest level of distinction in 2024.

Clio 2024 Integration Award winners

Our annual Integration Awards honor exceptional innovation and the impactful contributions of legal technology developers in Clio’s App Directory. These awards spotlight the most cutting-edge solutions designed to elevate legal services for both professionals and their clients.

• Best New App: Tempello was recognized for its outstanding innovation. 
• Best Practice of Law App: Proof stood out for its contribution to enhancing legal practice.
• Best Business of Law App: Case Status was selected for its impact on law firm business operations.

Growth in leadership

We expanded our senior leadership team with key appointments and promotions throughout the year. The following innovators and outstanding leaders will help us continue to transform the legal experience for all!

• Marina Harris, Chief People Officer
• Nick Anderson, Senior VP, Customer Success
• AJ Axelrod, VP, Payments and Financial Services
• Amy Hedrick, VP, Product Design
• Chris Stock, VP, Legal Content and Migrations
• Harsha Chandra Shekar, VP, Business Development
• Michelle Dunlea’s promotion to VP, Product Management

Clio celebrates 1,000+ employees worldwide

We reached an exciting milestone with our team growing to over 1,200 employees (affectionately known as “Clions”) worldwide—and we’re expanding at a rate of approximately 15% year over year. Our expansion across the globe has allowed us to push more boundaries and influence and transform the legal landscape on a global scale.

Clio’s primary hubs are located in Vancouver, Toronto, Calgary, Dublin, and Sydney, with hundreds of roles hiring across all departments. Check out our careers page for current openings!

Clio’s partnership with the Vancouver Canucks

As a Vancouver-based company, we were thrilled to announce that Clio is the official away jersey partner for the Vancouver Canucks, partnering with Canucks Sports & Entertainment (CSE) in a multi-year agreement. 

 

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The next time you’re watching a Canucks away game, keep your eyes peeled for the Clio logo on your favourite player’s jersey!

Goodbye 2024, hello 2025!

Looking back, 2024 was a truly remarkable year at Clio, from innovative product launches to industry recognition. 

The entire Clio community played a part in shaping our impactful journey in 2024, with growth, partnerships, and teamwork defining these achievements. 

Exciting opportunities lie ahead as we embrace 2025 with enthusiasm. Thanks for being part of an extraordinary chapter in legal technology!

Want to stay in the loop with Clio? Secure your tickets and save the date for the 2025 Clio Conference in Boston, MA! Join us for exclusive new feature announcements, product updates, and the chance to engage with 200+ Clio team members in person. This one-of-a-kind event promises unparalleled opportunities to connect, collaborate, and be inspired—you won’t want to miss it!

We published this blog post in December 2024. Last updated: December 16, 2024.

Categorized in: Clio