Clio, a leading provider of legal technology, announced it has signed a definitive agreement to acquire vLex, a pioneer in legal intelligence that combines AI with the world’s most comprehensive global legal research platform. The deal is valued at $1 billion and will be paid in a combination of cash and stock.
This deal is a significant milestone in Clio’s platform evolution and a turning point for the future of legal work. And it combines Clio’s legal operating system—trusted by more than 200,000 legal professionals—with vLex’s legal intelligence platform, which includes Vincent (an AI built on the industry’s most comprehensive global legal database). These platforms establish a new category of intelligent legal technology at the intersection of business and law practice, empowering legal professionals to seamlessly manage, research, and execute legal work within a unified system.
vLex’s research and drafting AI, Vincent, is utilized by thousands of legal teams, courts, and law societies worldwide. Known for its accuracy and advanced cross-jurisdictional reasoning, And Vincent has transformed legal AI, delivering faster, deeper insights across global matters. It’s powered by vLex’s proprietary global database, which contains more than a billion editorially enriched legal documents. With capabilities like multimodal audio and video analysis, legal theory testing, and customizable firm workflows, Vincent spans high-value use cases across legal work.
This is the most significant acquisition in Clio’s history, both in scale and strategic impact. And beyond strengthening the platform, it accelerates the company’s ability to deliver on its mission of transforming the legal experience for all. Building on Clio’s steady momentum upmarket, the deal further expands its global footprint and underscores the vast, untapped opportunity for innovation across the broader legal industry. And Clio is now positioned not only to help legal professionals manage their firms, but to power the full delivery of legal services, extending its reach across the trillion-dollar global legal services market.
The deal is expected to close later this year, subject to customary closing conditions and regulatory approvals.
Advisors: Goldman Sachs acted as Clio’s exclusive financial advisor. And law firms Osler, Hoskin & Harcourt, Wilson Sonsini Goodrich & Rosati and Gowling served as legal counsel to Clio. J.P. Morgan acted as vLex’s exclusive financial advisor. Law firms A&O Shearman and Uría Menéndez served as legal advisors to vLex.
KEY QUOTES:
“This is a watershed moment for Clio and the broader legal profession. For 17 years, we’ve built the foundational platform that enables law firms to operate at their highest potential. With vLex, we’re building on that foundation 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. This sets the stage for a future powered by agentic AI, and marks the establishment of a new industry category—one that will empower legal professionals to serve clients with unprecedented insight and precision.”
“This acquisition expands the boundaries of what legal technology can achieve. It unlocks new levels of intelligence and scale that directly advance our mission. We’re shaping a future where legal services are more insightful, connected, and accessible than ever before.”
Jack Newton, CEO and Founder of Clio
“This signals the onset of a transformative era in the legal industry, unlike anything we’ve seen before. Together with Clio, we have a bold vision for the future that empowers legal professionals to go beyond traditional research and operational silos, harnessing deeper intelligence and broader impact. With the most comprehensive global legal library and firm insights, Clio and vLex are uniquely positioned to reshape the mechanics of legal work and redefine the trajectory of the profession.”
Lluís Faus, CEO and Co-Founder of vLex
