US Edition
Clio Signs Definitive Agreement to Acquire vLex for US$1 Billion, Defining a New Era for AI-Powered Legal Technology
- On June 30, 2025, Clio, a legal technology company based in Vancouver, announced plans to purchase Miami-based vLex in a transaction valued at US$1 billion, which will be settled through a mix of cash and stock.
- Clio's acquisition follows a competitive process that saw it prevail over San Francisco AI startup Harvey and builds on Clio's 17 years developing a legal practice and business platform.
- VLex is a pioneer in AI-powered legal intelligence with a global law library of over one billion documents and its AI assistant Vincent, trusted by thousands of lawyers, including Am Law 100 firms.
- Jack Newton, CEO of Clio, characterized the deal as a strategic investment that pushes the limits of legal technology and marks a significant turning point for both Clio and the legal industry as a whole.
- The acquisition is anticipated to finalize before the end of the year, merging Clio’s legal operating system with vLex’s AI-driven platform to transform legal services and significantly broaden Clio’s presence in the global market.
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32 Articles
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Total News Sources32
Leaning Left3Leaning Right0Center7Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 30%
C 70%
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