But the announcement that generated the greatest buzz was about a new initiative to enable Clio users to make more-informed decisions about their practices based on quantifiable data.
Clio now has 150,000 active users in its system across 78 countries. In a year, some $60 billion in legal billing goes through Clio’s system.
At his opening-day keynote, Clio co-founder and CEO Jack Newton announced that the company has now begun to anonymously aggregate this data in order to help its users make data-driven decisions about rates and fees and establish benchmarks for better understanding and evaluating their own practices.
Clio will make this data available to its subscribers in various ways and will also publish an annual Legal Trends Report, the first of which will be released on Oct. 17 as an e-book.
September 27, 2016