At the ninth annual Clio Cloud Conference, Jack Newton, CEO and Founder of Clio, unveiled the new Clio Payments platform, a foundational payments technology built for the legal industry’s most advanced legaltech solution.
Clio Payments enables lawyers to facilitate client-centered payment options, easing the billing and collections process while offering secure and compliant online payment choices for their clients. The announcement strengthens Clio’s vision to build the core technology enabling greater access to essential legal services.
“Through our work with tens of thousands of legal professionals, we know that the most frequent point of friction in attorney-client relationships is collections,” said Jack Newton.
“Financial matters bear a heavy burden on firm operations, time, and revenue. Streamlining this single touchpoint has the potential to fundamentally change where legal professionals spend their time—and who can access legal services. We see this as a critical juncture in realizing our mission to transform the legal experience for all.”
The expansion into fintech marks a defining chapter in Clio’s product roadmap as it builds cloud-based and client-centered technologies for all the major touchpoints legal professionals have when using Clio.
With the launch of the new Clio Payments, the company is laying the groundwork to provide the most complete, holistic operating system for legal professionals, enabling them to operate more effectively—and more successfully—for years to come.
Aligned to Clio’s mission to transform the legal experience for all, the company announced Clio Ventures, a new equity investment portfolio for promising early stage legaltech companies offering best in class products and solutions.
“The goal is to support the most compelling companies building on the Clio platform,” said Newton. “We will be deliberate in our choice to invest in companies with diverse leadership that is reflective of the vibrant legal communities we serve.”
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