Ep 222: Clio CEO Jack Newton On Why It’s More Important Than Ever for Lawyers to Leverage Tech
Oct 16, 2023
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Jack Newton, Founder and CEO of Clio, discusses the importance of leveraging technology in the legal industry. He highlights how technology can amplify lawyers' impact and achieve exponential outcomes. The podcast also covers topics such as the role of AI in the legal profession, the challenge of accessing legal data, the launch of AI-powered assistant Clio Duo, and the trends and productivity in the industry. Additionally, they discuss the launch of two new products, including a PI-focused add-on and an electronic filing feature within Clio Manage.
Leveraging technology is crucial for lawyers to amplify their impact and achieve exponential outcomes.
AI can help lawyers become more efficient and scalable, addressing the access to justice crisis.
Embracing AI is key for lawyers to stay competitive, revolutionize how they practice law, and meet the evolving needs of clients.
Deep dives
The Importance of AI in the Legal Profession
AI is becoming increasingly important in the legal profession, with law firms realizing that they cannot ignore its potential. This year, in particular, is seen as an exciting and transformative period for AI in the legal industry. Law firms are recognizing that they need to embrace AI in order to stay competitive and meet the changing demands of clients. The introduction of AI allows lawyers to focus on higher-value work and improve the efficiency and productivity of their practice. While some may fear that AI will replace jobs, it is actually viewed as a tool that can amplify the impact of lawyers and create new opportunities for growth.
The Potential Impact of AI on Access to Justice
AI has the potential to address the access to justice crisis by helping lawyers become more efficient and scalable in addressing client needs. By automating repetitive and predictable tasks, lawyers can focus on strategic thinking and providing valuable legal services. The widespread adoption of AI can lead to lower costs of delivering legal services, enabling lawyers to serve more clients and expand the size of the legal economy. The fear that AI will replace jobs in the legal profession is not supported by evidence, as the demand for legal services is vast and there is a need for lawyers to embrace AI to bridge the access to justice gap.
The Transformational Power of AI in Legal Tech
AI is being hailed as the next transformative technology in the legal tech industry. It has the potential to revolutionize how lawyers practice law and deliver legal services. Similar to the impact of the cloud in the 2000s, AI is expected to bring about significant changes by making lawyers more efficient and freeing up their time for meaningful work. The billable hour model, which has long been debated, may finally be disrupted by the adoption of AI as it enables lawyers to focus on the value they provide to clients rather than the time spent on tasks. Embracing AI in legal tech is key to staying competitive and meeting the evolving needs of clients.
Clio's Innovations: PI-Focused Add-On and Electronic Filing
Clio, a leading legal tech company, has introduced a PI-focused add-on for Clio Manage and native electronic filing within the platform. These innovations were driven by customer feedback and the need to provide practice-specific functionality for personal injury firms. By addressing the specific needs of PI practitioners while maintaining the overall high-quality experience of Clio, the company aims to meet the demands of existing customers as well as tap into the PI market. These developments highlight Clio's commitment to expanding its offerings for specialized practice areas and enhancing the overall practice management experience for legal professionals.
The Growth and Impact of Clio
Clio, founded by Jack Newton, has become a significant player in the legal tech industry over the past 15 years. With a growing team and a customer-centric approach, Clio has been able to drive technological advancements and address the changing needs of lawyers and law firms. Jack Newton remains passionate and excited about the future of Clio and the transformative potential of AI in the legal industry. As Clio continues to evolve and expand its offerings, the company aims to have a positive and lasting impact on the legal profession.
In his keynote address at the recently concluded 2023 Clio Cloud Conference, Jack Newton, the founder and CEO of Clio, said that we are at a time in the legal industry when leveraging technology is more important for lawyers than ever before. Technology, he said, enables lawyers to amplify their impact, and when they do that, they can achieve exponential outcomes.
This was the 11th year of the Clio Cloud Conference, and the 15th year in business for the company that produces it. In a recent post about the conference, LawNext host Bob Ambrogi wrote that Clio has grown over the years to become one of the largest and most influential companies in legal tech; and that Newton has become somewhat of an industry icon, whose ClioCon keynote is always a seminal event of the conference.
A few hours after Newton delivered his keynote, Ambrogi sat down live with Newton for a wide-ranging conversation about the conference, the company, and the state of law practice and the legal profession, including findings from the just-released 2023 edition of the Clio Legal Trends Report.
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