Yesterday, the cloud practice management company Clio announced $250 million funding round — one of the largest ever for a legal technology company.

Shortly after making the announcement during an event in Clio’s Burnaby, B.C., headquarters, I had the opportunity to sit down with Jack Newton, Clio’s cofounder and CEO, for a live recording session to discuss the news.

In this special edition of LawNext, Newton provides additional background on the investments and the investors, what this means for his company, and how he believes this serves the greater purpose of making law better and closing the justice gap.

He also provides a peek at the company’s roadmap over the coming months, and discusses the news that Mark Britton, founder of Avvo, has joined Clio’s board of directors.

Photo of Bob Ambrogi Bob Ambrogi

Bob is a lawyer, veteran legal journalist, and award-winning blogger and podcaster. In 2011, he was named to the inaugural Fastcase 50, honoring “the law’s smartest, most courageous innovators, techies, visionaries and leaders.” Earlier in his career, he was editor-in-chief of several legal publications, including The National Law Journal, and editorial director of ALM’s Litigation Services Division.