Business InsiderMelia Robinson
Clio just made an acquisition to deepen its push into the courts
While Harvey and Legora fight for Big Law's business, Clio, an older legal tech company, is making a quieter bet on a corner of the market those upstarts have barely touched: the courts.
Clio, last valued at $5 billion, has acquired Learned Hand, a startup that builds artificial intelligence tools for judges, Business Insider has learned. Terms of the deal were not disclosed.
Its founder, Shlomo Klapper, had raised about $5 million for Learned Hand. Before starting the company, he worked at Palantir in a role similar to a forward-deployed engineer, then went to law school and joined Quinn Emanuel, the litigation powerhouse, as an associate.
The deal deepens Clio's push into the judiciary and expands its ambitions beyond the small and midsize law firms and corporate legal teams…
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