Clio Once Again Named One of Canada's Best Managed CompaniesMarch 7, 2019
Clio was awarded the prestigious designation due to key milestones that include a company acquisition, new product launch, and accelerated team growth and investment.
Vancouver, BC—Clio, the leader in cloud-based legal technology, is proud to once again be named a winner of the Canada’s Best Managed Companies program in 2019. This prestigious designation recognizes companies with revenues of over $15 million that demonstrate innovative and world-class business practices and commit to achieving sustained growth.
“Best Managed companies are elevating Canada’s place on the world-stage,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “By broadening their network, and thinking globally, the Best Managed program is honouring these winners for their achievements in Canadian business, and growing influence worldwide.”
“For Clio, this past year saw major growth, and it’s wonderful to be recognized for it in our Canada’s Best Managed designation in 2019,” said Jack Newton, CEO and Co-founder of Clio. “We’ve greatly increased our customer base, our team is thriving, and we launched a brand new product, Clio Grow, in the past year—and we’re excited about what’s in store for the coming year.”
Since its inaugural designation as one of Canada’s Best Managed Companies in 2018, Clio announced the acquisition of Lexicata, which lay the foundation for the launch of a new product called Clio Grow, a client intake and legal customer relationship management (CRM) software. Together with Clio Manage, Clio’s existing practice management software, the two products form the Clio Suite, the legal industry’s first end-to-end software solution designed to help firms manage the full end-to-end client experience.
Clio was once again selected for the award in part due to the company’s efforts to lead industry conversations at events like the Clio Cloud Conference, the largest legal technology event in the world. Founded by Clio, the conference provides inspirational speakers and educational sessions to help lawyers run more successful law firms with technology. The event also showcases groundbreaking research published in the annual Legal Trends Report, the first-ever report to use aggregated and anonymized user data to provide never before seen insights on running a legal practice.
The company’s long-term investment in its talent was also a major focus for Clio’s award application. In the past year, Clio increased investment in its rapidly growing staff by expanding education allowances, giving staff more opportunities to enroll in educational classes, attend industry events, and purchase resources in pursuit of new skills and learning—in addition to a full-time, in-house performance coach and a tailor-made, six-week Foundational Leadership Development Program. Clio also provides competitive financial compensation, stock options, RRSP contribution matching, thoughtful parental leave, excellent health benefits including proactive mental health programs, and a minimum of three weeks of paid vacation.
The Best Managed award also showcases Clio’s growing influence on the world-stage. Clio expanded its global market and recently became the first completely cloud-based legal case management solution to earn the endorsement of the Law Society of England and Wales—home to one of the largest legal markets in the world. The company has also grown its App Directory to include nearly 150 integration partners, giving its customers the ability to connect to more solutions than any other legal software.
Now in its 26th year, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
About Canada’s Best Managed Companies:
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
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Clio, the leader in cloud-based legal technology, empowers lawyers to be both client-centered and firm focused through a suite of cloud-based solutions, including legal practice management, client intake and legal CRM software. Clio has been transforming the industry for over a decade with 150,000 customers spanning 90 countries, and the approval of over 65 bar associations and law societies globally. Clio continues to lead the industry with initiatives like the Legal Trends Report, the Clio Cloud Conference, and the Clio Academic Access Program. Clio has been recognized as one of Canada’s Best Managed Companies, a Deloitte Fast 50 and Fast 500 company. Learn more at clio.com.
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Senior Manager, Brand and Communications, Clio