Within the 15 years since he and Rian Gauvreau cofounded the authorized apply administration firm Clio in 2008, Jack Newton has realized a factor or two about what it takes to construct a profitable firm. As its CEO because the begin, Newton has overseen the expansion of the corporate from fledgling startup to a centaur with annual recurring income of over $100 million, a valuation of over $1 billion, and a workforce of practically 1,000 staff. Newton has received quite a few awards for his management, together with Canada’s most admired CEO and EY’s Entrepreneur of the Yr. He’s additionally an advisor to and investor in various startups.
As Clio marks its fifteenth anniversary in 2023, Newton sat down with me to share 15 classes he has realized alongside the best way concerning what makes a profitable firm and a profitable chief. He additionally reminisces concerning the early days of beginning Clio and his early successes and challenges. Notably, he and Gauvreau based Clio in the midst of the Nice Recession, and one of many classes he shares on this episode is his perception {that a} recession is a superb time to construct an organization.
For anybody who has based or is pondering of founding a authorized tech startup, this episode is a must-listen. Even for many who are usually not tech founders, however legislation agency founders, lots of Newton’s classes apply. Tell us your ideas on in the present day’s episode by tweeting us, @LawNextpodcast.
Learn extra about Clio’s merchandise Clio Manage and Clio Grow on the LawNext Authorized Expertise Listing.
Thank You To Our Sponsors
This episode of LawNext is generously made potential by our sponsors. We admire their assist and hope you’ll verify them out.
- Paradigm, house to the apply administration platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the authorized accounting software program TrustBooks.
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