LTH Insights/CLIO AGREES TO ACQUIRE VLEX FOR $1 BILLION - WHAT DOES THIS MEAN FOR LEGAL TECH?

Clio Agrees to Acquire vLex for $1 Billion - What Does This Mean for Legal Tech?

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Canadian practice management provider Clio today announced it has signed a definitive agreement to acquire vLex, the global legal research provider that has made waves over the past two years for its AI legal assistant, Vincent AI, for US$1 billion. It’s a noteworthy announcement in the world of legal tech for a number of reasons.

 

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