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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.

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Jack Newton Keynote Highlights: Clio Cloud Conference 2024

Clio

In the last few years, Clio has been working towards this vision with the launch of multiple product features, such as Clio Accounting , Clio Payments , Clio Grow , Clio Draft , Clio File , and now, our AI-powered tool, Clio Duo –with Clio Manage acting as your firm’s central intelligence hub.

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The 2024 Clio Cloud Conference in Review

Clio

Jack also announced exciting new Clio features for 2025, including automated workflows, custom reporting, and new payment methods. To cap off his exhilarating keynote, Jack revealed that ClioCon 2025 will take place in Boston, Massachusetts. Secure your tickets for ClioCon 2025 today! Get your 2025 ClioCon pass.

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The Future of Legal Technology

Lawmatics

The legal tech industry is experiencing significant growth and innovation, and Gartner forecasts that 12 percent of in-house legal budgets will be dedicated to legal tech by 2025. 4 Machine Learning (ML) Initially used primarily for billing and invoicing, ML is now used to analyze vast quantities of court data to determine the next steps.

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Companies x FTC’s Noncompete Rule

Berkley Technology Law Journal

Tamashiro, LLM 2025 The Federal Trade Commission (FTC) has proposed a NonCompete Rule designated to promote competition and employees rights. If the rule becomes effective, there may be a surge in trade secret litigation and patent filing and increased scrutiny when hiring to avoid litigation risks. By Andreia M.

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2024 at Clio: A Landmark Year in Review

Clio

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 thats not all!

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

While we are happy to lead an industry disruption, we welcome new competition, which we believe will help accelerate adoption of new AI-powered eDiscovery technologies by courts, law firms, and other stakeholders. We securely give fiduciaries access to assets when required with no password-sharing, no court orders, and correct titling.