Curious How Much More Revenue Your Firm Could Make with Clio?

Return on investment (ROI) is a performance measure used by businesses to quantify the value of an investment. In the simplest terms, ROI represents the additional dollars you’ll earn for every dollar invested.

When using our calculator, a ROI of 20x would mean that for every £1 invested in Clio, you would earn an additional £20.

The calculation uses data obtained from surveys of US consumers combined with internal user data.

Survey respondents were representative of the US population by age, gender, region, income, and race/ethnicity based on US census statistics.

User data is aggregated and anonymised, and collected from tens of thousands of Clio users. Based on analysis of feature usage across Clio users, we can estimate increases in revenue generation based on the number of features utilised in the Clio platform.

This estimate is paired with projected time savings resulting from the use of the Clio platform, with the assumption that time saved on non-billable tasks is dedicated instead to billable work that generates revenue for the law firm.

The figure presented by the calculator is not a guarantee and should be interpreted only as a potential outcome of using the Clio platform. The calculation shown is an informed estimate, based in part on data analysis which compared groups of Clio users according to the number of features they utilised in the Clio platform. This analysis has identified positive revenue generation trends associated with the use of more Clio features. These trends are averages observed across a large sample of Clio users, and your own experience may vary considerably.

The calculation also takes into account time savings on non-billable tasks. To achieve the best results, users should reinvest this time in the completion of billable work that will generate revenue. Firm size, practice area, geographic location, amount of discounted or Legal Aid work completed, and other factors will all impact your actual results.

Yes, there are additional cost savings that may not be reflected in the calculator without a full analysis of your firm’s setup.

Here are some of the additional ways our customers save money:

• Reduce cost of using multiple software: Clio plans include free e-signatures, unlimited document storage, and online payment processing.
• Reduce printing costs: With Clio, you can reduce your physical documentation requirements to save on printing, scanning, and shredding.
• Free award-winning support: 24/5 access to our customer support team at no cost, removing the maintenance fees associated with keeping outdated programs running.

Whether you’re transitioning from a server-based system or another cloud-based solution, Clio’s team of migrations and onboarding experts are dedicated to transferring your data and training your staff—at no additional cost.

To prepare for the change management associated with switching systems, check out our resources.

If you’re ready to get started, set up a no-obligation product walk-through to learn more.