How FidLaw’s revenue increased by 50% after adopting Clio
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FidLaw
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2018
Year Founded
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26
Number of Staff
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2019
Started Using Clio
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London, UK
Location
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Fixed fee
Hourly
Fee Types
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Commercial Law
Employment Law
Litigation
Tax Litigation
Practice Areas
Francesco Meduri and Giuliana Antonelli first met while working for a corporate services provider before deciding to set up their own legal operations.
Today, they operate a thriving Feefo Platinum Trusted Service award-winning umbrella group, employing 26 staff across their three firms: Notable Notaries, FidLaw and FidCorp.
Notable Notaries specialises in notarial services, FidLaw provides full-scope legal services, while FidCorp offers professional corporate secretarial, accounting, payroll and other business advisory services.
And Clio plays a vital role in helping Francesco and Giuliana manage each firm’s operations.
How FidLaw unified its firms’ operations under a single paperless source of truth
Before implementing Clio, the three firms used a combination of paper-based archives and digital notes with Lotus Notes. They soon realised this approach was unmanageable.
Francesco and Giuliana knew there must be a better way to operate. Sustainability was a key priority, so they decided to search for a centralised digital solution that would allow them to ditch paper-based archives once and for all.
And when Giuliana came across Clio Manage, she instantly knew it was the system for them.
The fact that Clio’s legal software is endorsed by the Law Society of England and Wales was extremely appealing for FidLaw. “Seeing that Clio is endorsed by the Law Society of England and Wales was a key selling point”, adds Francesco.
Keeping the firms’ financial targets on track
Running three firms simultaneously is a mammoth task, Francesco and Giuliana quickly realised that Clio’s benefits extend far beyond paperless document management alone. Clio’s reporting, including the Dashboard functions, has allowed Francesco to understand where they are in terms of the firm’s profits and productivity.
Francesco has now regained his Saturday morning. Before Clio, Francesco used to spend Saturday mornings poring over each firm’s finances in dense Excel spreadsheets. Now Clio makes it easy to manage FidLaw’s financial data so he can stay on track. By generating the data within Clio into reports, Francesco was able to gain insight which can then be used to drive change and results within the firm.
To make the firm’s financial process even more streamlined, FidLaw’s internal finance department has also integrated Clio directly with Xero, meaning no more dreaded data entry or reporting inaccuracies. Clio allows the firm to have everything connected—nothing slips through the cracks which ensures a stable billing workflow.
Maximising cash flow through Clio Payments
Not only were they using Clio’s reporting tool and billing process, Francesco quickly adapted Clio’s payment functionality which streamlined their billing and payment process even further, allowing them to get paid 50% faster. Francesco was delighted with the “quick and easy” setup, and he also loved how much time was saved with month-end reconciliation.
By using Clio’s online billing and payment solutions, FidLaw no longer needs to deal with the hassle of physical envelopes and paying postage.
Software that supports staff in their roles
Clio’s ease of use enables the firms to deliver an award-winning client experience. Fee-earners manage everything from within Clio. Clients don’t have to bounce around from one team to another—they deal with a single point of contact at all times.
Since implementing Clio, the firm has grown in size and had little-to-no employee turnover. Clio supports every single member of staff. Clio makes the team’s workflows easier to manage and its cloud-based collaboration capabilities mean staff can work from wherever they like.
Clio played a vital role in enabling FidLaw to maintain productivity while staff worked from home during the pandemic. Clio has also enabled the firm to continue working with members of staff who relocated to Italy, Spain, and Cyprus.
Clio is the beating heart for FidLaw’s revenue growth
FidLaw has experienced a significant boost in the group’s annual turnover after joining Clio. Since implementing Clio, Giuliana states the firm’s revenue “increased significantly from 2019 to 2022. FidLaw is also seeing promising growth in 2023, with a further increase in revenue in its first quarter.”
FidLaw expressed that these figures come directly from the firm’s optimisation dashboard set up within Clio, and is proud to show how much Clio impacts its revenue. “Implementing Clio was a breakthrough moment for our organisation,” comments Giuliana.
Win firm awards with the support of Clio
FidLaw integrated Clio’s cutting-edge client portal on its website, which has significantly boosted the firm’s client engagement. Giulienna expressed how pleased the firm is to have achieved its mission of providing excellent client service while being as sustainable as possible.
“Having progressed from paper-based to paperless practice by using Clio, ensuring clients’ data is secure and private with the lowest carbon footprint possible.”
Clio for Clients helped Notable Notaries win the prestigious Feefo Platinum Trusted Service Award in both 2021, 2022, and 2023. This award highlights the vital role Clio plays in helping FidLaw deliver an exceptional experience for all its clients.