Clio acquires vLex for $1 billion, creating a unified platform combining legal operations and AI-driven research to transform legal work globally.
Clio has announced its most significant acquisition to date, signing a definitive agreement to acquire vLex in a transaction valued at US$1 billion. The deal, paid in a combination of cash and stock, combines Clio’s legal operating system with vLex’s global legal research and AI platform.
The acquisition represents a turning point for the legal technology industry, establishing what Clio calls a new category of intelligent legal technology at the intersection of law practice and business management.
“This is a watershed moment for Clio and the broader legal profession,” said Jack Newton, CEO and Founder of Clio. “With vLex, we’re building on our platform with technology that understands the substance of the law. By bringing together the business and practice of law in a unified platform, we’re revolutionizing every aspect of legal work.”
vLex is best known for Vincent, its AI-powered research and drafting tool. Trusted by Am Law 100 firms, courts, and law societies worldwide, Vincent leverages a proprietary database of more than a billion legal documents. Its advanced capabilities range from cross-jurisdictional reasoning to multimodal analysis of audio and video evidence.
“This signals the onset of a transformative era in the legal industry, unlike anything we’ve seen before,” added Lluís Faus, CEO and Co-Founder of vLex. “Together with Clio, we have a bold vision for the future that empowers legal professionals to go beyond traditional research and operational silos.”
The transaction significantly accelerates Clio’s global growth while reinforcing its mission to transform the legal experience for all. By combining operational workflows with AI-driven legal intelligence, Clio aims to empower professionals to serve clients with greater insight, speed, and precision across the trillion-dollar global legal services market.