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$725M Verdict Against ExxonMobil in Landmark Benzene Cancer Case
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Court Blocks Law that Banned Abortion Pill Reversal
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Judge upholds $2 9M arbitration award versus attorney who repped NFL players in concussion litigation
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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech
Clio, a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates Inc. and OMERS Growth Equity.
The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 billion. Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. With the latest funding, Clio claims that it’s the “first legal practice management unicorn” globally. The investment also brings its total capital raised since its 2008 inception to $386 million.