Clio unveils expanded cloud platform for authorized tech trade

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Clio unveils expanded cloud platform for authorized tech trade


The agency’s CEO spoke to TechRepublic concerning the new platform and the challenges dealing with the sector.

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Software firm Clio has introduced a set of latest options and updates to its centralized platform because it targets extra motion within the authorized tech sector.

Founded in Vancouver, Canada, Clio employs over 500 employees throughout 5 international workplaces. Its identify is a reference to Clio (Kleio), which in Greek mythology is among the 9 Muses, and patron of historical past. The tech firm definitely has historical past because it was based in 2008. It additionally has notable stats to share: According to Clio, it has the approval of over 65 bar associations and regulation societies world wide, and a worldwide buyer base of 150,000.

Clio is seeking to make historical past with the expanded platform. Some of the options lately added embody Clio Grow web sites, a centralized fee system, a textual content messaging communication instrument, self-service buyer assist and an expanded embedded apps ecosystem.

What is the brand new Clio platform?

To clarify intimately what a few of these options would deliver to the authorized tech trade, the challenges dealing with the sector and what the long run holds, Jack Newton, Clio’s CEO, spoke completely to TechRepublic.

“Lawyers graduate from school without being equipped to deal with the business side of the law practice and every law firm is a business,” Newton stated. “As a law firm in a box, we provide lawyers with an all-in-one solution that allows lawyers to effectively run the business side of the law practice.”

SEE: Hiring Kit: Cloud Engineer (TechRepublic Premium)

Speaking to us concerning the Clio Grow web sites characteristic, Newton defined that “this makes it easy to launch easy-to-use and very powerful websites; something any lawyer can do in less than ten minutes and what’s more impressive about Clio Grow Websites is that we allow you to integrate leading-edge apps with one click.” He additional defined that this characteristic will enable small and medium-sized corporations to compete with bigger organizations.

Clio additionally added a textual content messaging performance to permit customers to speak by way of textual content messaging with out giving out their cellphone numbers.

“As we see consumer expectations shift in terms of how they interact and collaborate with their lawyers, text messaging is a really big key to this, and it’s something that we believe will help set up Clio’s customers to be more responsive with their clients,” Newton stated.

All communications are secured with safety protocols and that shoppers don’t must disclose their cellphone numbers or save their shoppers.

Another new characteristic Newton touched on throughout the session was Clio’s expanded embedded apps ecosystem.

“This allows our clients to leverage our 200 existing integrations and give them opportunities to enhance their integrations so that they have directly embedded experience in Clio rather than two separate experiences,” he stated.

Through this improvement, the corporate intends to attach extra product suites to its platform in a quest to change into the trade’s first authorized working system.

Future developments and challenges dealing with the authorized tech market

A Statista report reveals that in 2021, the authorized tech market generated revenues of $27.6 billion worldwide, with the market predicted to hit $35.6 billion by 2027 at a CAGR of over 4% for the interval underneath evaluate.

Following these statistics, Newton spoke concerning the future developments and challenges that may doubtless form the authorized tech trade.

“I see a few macro-level trends playing out over the next decade,” Newton stated. “Law firms are going through a profound shift from being basically law-firm-centered in the way they design and deliver legal services to becoming client-centered. The second change is technology-driven and, more importantly, changes in how lawyers work…. About two years ago, the average law firm used to be very in-person. However, this has continued to shift as law firms have seen that their lawyers can work from home with the aid of technology.”

Despite the tech agency attaining unicorn standing in 2021, it nonetheless faces challenges in promoting expertise to authorized professionals. Although extra legal professionals are starting to belief the method of leaving their paperwork with third-party corporations, Newton stated it’s been tough convincing many concerning the security of cloud-based applied sciences.

With new modifications coming into the authorized market, additional adoption of cloud-based applied sciences within the trade and an additional enlargement of this tech market could also be doubtless.

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