Clio $500M ARR milestone and what it means: growth in legal is real and may save some bigger players

Clio $500M ARR milestone and what it means: growth in legal is real and may save some bigger players

I said none of the big Legal Tech startups can IPO unless interest rates drop and with a new 🇺🇸 fed chair that is very likely - https://lnkd.in/eEt3bXZ7

However, i was also making the case that ARR growth in AI and especially Legal AI is unlike we've ever witness https://lnkd.in/eQFi5Udw

So I promised Jack Newton (still the 🐐) that I would also write a bull case for IPO and he just made my job easier

All major AI startups are straining under costs of delivering AI but only legal may survive since - by law - one has to pay for legal services

Hence they all lean into legal this hard https://lnkd.in/eTJ63HeQ

More after I'm back because I need to update the ARR velocity chart from 5 months ago - https://lnkd.in/eX7rsGFd

TechCrunch 👉🏽 https://lnkd.in/esXac678