Technology

Clio Duo unlocks a new era of legal platform intelligence

Published

2 years ago

October 7, 2024

Built on the most robust unified legal technology platform, Clio Duo debuts as AI adoption rates soar

AUSTIN, Texas, Oct. 7, 2024 /PRNewswire/ – Clio, the global leader in legal technology, announced the arrival of Clio Duo at the 2024 Clio Cloud Conference in Austin, Texas. This groundbreaking introduction of artificial intelligence on the Clio platform—trusted by over 150,000 legal professionals—sets a new precedent for legal AI. It enables a seamless integration of advanced AI capabilities into everyday legal tasks, enhancing efficiency and transforming how legal professionals operate across a unified technology platform.

“The launch of Clio Duo marks a defining moment for the legal industry,” said Jack Newton, CEO and Founder of Clio. “We’ve embedded artificial intelligence into the most connected platform in legal, and we’ve done so at an unprecedented scale. As AI adoption continues to accelerate across the industry, we’ve built Clio Duo with a great deal of precision and protection, laying a strong foundation for how AI can empower legal professionals to scale their practice confidently. Our customers deserve the best tools as they reshape their practices with this transformative technology. Launching Clio Duo is a significant milestone to celebrate today, but it’s just the beginning of an ongoing journey to develop AI that evolves with the future of legal work.”

Clio Duo acts as an AI-powered legal partner, streamlining all aspects of a law firm and transforming data into actionable insights. Built into Clio’s flagship practice management product, Clio Manage, Clio Duo enhances legal workflows by offering insights and automating tasks, allowing legal professionals to prioritize critical work and boost productivity without switching applications.

With Clio Duo, customers can:

Instantly access client and matter details, retrieving key information without the need to sift through extensive documents.Extract and cite precise details from documents within seconds.Summarize any text document in Clio Manage with one click, and easily export or save the summary as a new file, on both desktop and mobile apps.Get smart recommendations on high-priority tasks and matters, including what needs immediate attention, meeting preparations, and how to prioritize pending tasks.Work from anywhere in Clio Manage and delegate assignments to Clio Duo, such as creating a task, bill, or calendar event, freeing you up to focus on your current priorities.Automatically generate professional text messages and email replies with suggested responses, generating short or long-form replies for client communications via Clio for Clients.View an audit log of all actions performed by Clio Duo, ensuring transparency and accountability for every AI-driven task.

Rising demand for AI in the legal industry

This feature arrives as Clio’s customer base demonstrates a strong demand for AI, reflecting a broader trend among legal professionals embracing AI adoption. Per the latest Legal Trends Report, 79% of lawyers in the United States have adopted AI in some capacity. Legal professionals’ opinions on future AI use support growing adoption: over 4 in 5 (84%) firms using AI believe that AI will increase over the next 12 months. Even among firms that have yet to adopt AI, 68% say their use of AI will increase over the next 12 months.

Early trial customers of Clio Duo reported significant boosts in both efficiency and productivity. From streamlining tasks to speeding up workflows, Clio Duo has helped legal professionals achieve more in less time without compromising quality.

“With Clio Duo, I can get so much more done in less time and save up to 5 hours a week. It really helps me tackle writing demands creatively and efficiently, and makes prioritizing my daily tasks much easier. I can stay focused on what truly matters.” – Taylor Sellitto, Paralegal, Legler, Murphy & Battaglia, LLP.

“Clio Duo makes it much easier to find key information, such as billing and month-to-month comparisons, helping me gain a better understanding of my practice’s growth.” – Kate Santon, Attorney, Santon General Counsel, P.C.

“Clio Duo has really improved how we communicate with our clients. Its ability to suggest and draft responses right from Clio Manage has made our job less stressful and much more efficient.” – Sarah Harris, Managing Partner, Harris & Schroeder, PLLC.

“With Clio Duo, I can get the data I need instantly just by asking a question. I don’t have to run reports or filter through custom fields anymore, which saves me time and helps me be more productive!” – Melissa Oosterhof, Attorney, Oosterhof Law Office, PLLC

Speed, accuracy, and transparency

Clio Duo efficiently handles questions through its chat-like interface, providing answers in text and table formats that can be easily copied and used in other editors. Leveraging advanced AI capabilities, Clio Duo can understand and process complex queries, tightly coupled with details from Clio Manage, producing timely and relevant insights. Additionally, Clio Duo can prioritize information, ensuring that the most immediately critical information is always top-of-mind across a law firm.

Clio Duo uses advanced technologies that include sophisticated machine learning techniques, natural language processing, and large language models to produce tailored insights, reduce manual inputs, and accelerate workflows.

Transparency and accountability are at the core of Clio Duo with its unique and robust audit log feature. This provides a clear trail of information sources, including cited references and document origins, ensuring that every piece of data and insight is traceable and verifiable. By maintaining records of all interactions and modifications, Clio’s audit log helps legal professionals keep track of their information, supporting compliance and enhancing confidence in the accuracy of their work.

Safety and limitations

Clio Duo is designed with a strong emphasis on safety and reliability, incorporating advanced guardrails that serve multiple critical functions. While these guardrails are essential for eliminating harmful content, ensuring that inappropriate or unsafe material is filtered out, they also play a significant role in security. By detecting potential vulnerabilities, such as prompt injections, and preventing unauthorized access or misuse, Clio Duo’s guardrails bolster overall system resilience. With stringent security measures and real-time monitoring, Clio Duo effectively mitigates risks while maintaining the integrity and protection of sensitive information.

Additionally, Clio Duo meticulously filters information to ensure relevance and accuracy, aligning with established permission lines within Clio Manage. Access to data and insights is restricted based on user roles and permissions, ensuring consistency and security across the platform. By adhering to these predefined permission settings, Clio Duo streamlines workflows while reinforcing a secure and controlled environment for managing sensitive client information.

A key milestone in Clio’s AI roadmap

Clio Duo is a major first step in the company’s wider AI-driven product roadmap. Clio plans to expand AI capabilities across every aspect of the Clio platform, transforming how legal professionals manage their practices. This includes advanced AI features that can perform a wide variety of tasks in law firm marketing, billing, legal documents drafting, and more, ensuring that law firm workflows are more intuitive, efficient, and insightful.

As part of its vision, Clio will introduce features that offer a more personalized AI experience. These advanced AI capabilities are built with rigorous data protection standards, ensuring customer information is handled securely and in full compliance with privacy regulations. By leveraging their data, users will gain access to tailored AI-driven solutions designed to meet the specific needs of their organizations. To ensure compliance, any data used in AI modeling will be carefully redacted to protect sensitive information. These tools will streamline workflows, aligning more closely with operational goals to enhance overall efficiency. Clio’s ongoing dedication to transparency and security remains a core focus as it continues to expand its AI offerings, enabling legal professionals to confidently tap into the full potential of artificial intelligence.

Clio’s app integration network, boasting over 250 integrations—the largest in the legal industry—plays a pivotal role in shaping the future of AI-powered technologies within the Clio platform. As Clio continues to lead in legaltech innovation, these partnerships will be instrumental in expanding the reach and capabilities of AI across unique legal workflows. As Clio expands its AI offerings, these partnerships will also drive innovation, ensuring that the legal community benefits from the latest advancements in AI technology while adhering to Clio’s industry-leading standards of security and data protection.

“We’re not just focused on today, we’re planning 2 to 5 years ahead,” says Jonathan Watson, CTO at Clio. “Our aim is to seamlessly integrate AI into every aspect of legal work, making it intuitive—an extension of your team—enhancing productivity and decision-making. By laying this groundwork now, we’re positioning Clio as a long-term AI partner for legal professionals, helping them navigate future challenges and find new ways to grow their practice. We’re committed to delivering AI tools that are intuitive and easy to use, while driving the industry forward with best-in-class innovation.”

For more information, please visit clio.com/features/legal-ai-software.

About Clio

Since its inception in 2008, Clio has revolutionized the landscape of legal technology, emerging as the undisputed leader of innovation and integration. By offering advanced yet intuitive legal software, Clio has redefined efficiency and client service, setting the standard for legal professionals across the globe. With an unwavering commitment to groundbreaking innovation and customer success, Clio stands as the preeminent authority in legaltech, continuously pushing the boundaries of the sector’s evolution. Explore the future of legal technology with Clio at www.clio.com.

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SOURCE Clio

Technology

Loomis enters Peru through the intended acquisition of Hermes Transportes Blindados via a public tender offer

Published

51 minutes ago

May 5, 2026

STOCKHOLM, May 4, 2026 /PRNewswire/ — Loomis has entered a Tender Offer Agreement (“TOA”) with CVC Capital Partners and other minority shareholders representing 99.49 percent of the outstanding shares in the Peru-based cash and valuables management company Hemes Transportes Blindados S.A. (“Hermes”), publicly listed on the Lima Stock Exchange. Under the TOA, Loomis will launch a public tender offer (“Oferta Pública de Adquisición”) for up to 100 percent of the shares of Hermes, at an enterprise value of approximately SEK 4 billion on a cash and debt free basis. The public tender offer is expected to be launched during the second or third quarter, with closing anticipated in the third quarter of 2026.

Hermes was founded in 1985 and is today a leading provider of cash management and secure logistics services in Peru. Hermes provides services that include transport, processing, storage and security custody of valuables such as cash, precious metals and high value minerals, as well as ATM management and collection services. Hermes serves around 1,000 clients across financial, retail, governmental, industrial and mining sectors. The company is publicly listed on the Lima Stock Exchange and is headquartered in Lima with 19 branches across the country. The company employs approximately 3,200 people nationwide and in 2025, Hermes reported revenues of PEN 432 million (approximately SEK 1.2 billion).

“Today we have reached a strategic milestone. Through our most significant acquisition to date, we are entering the Peruvian market. As the leading player in the industry, Hermes has a proven track record of growth, profitability and innovation. Peru has one the fastest growing economies in Latin America, supported by a solid macroeconomic environment and increasing cash usage. I am delighted to welcome more than 3,200 new colleagues to Loomis,” comments Aritz Larrea, President and CEO of Loomis.

“We are excited to become part of Loomis. Joining a global group with deep expertise in operations like ours strengthens our ability to continue growing with confidence and responsibility. This next chapter strongly supports our purpose of empowering the development of a safer society by protecting resources, building trust, and contributing to stability within the financial system,” comments Mirella Velásquez Castro, CEO of Hermes.

Strategic rationale

Strengthens Loomis’ position in Latin America
As communicated at the 2024 Capital Markets Day, expanding in emerging Latin American markets is a strategic priority. Peru is an attractive market given its high cash usage, strong economic growth, a solid macro environment, and a stable, independent central bank. Strong potential for growth within the SME customer segment and Automated Solutions

Hermes’ strong position in the SME segment and its relationship with Loomis’ cash-handling automation solutions under the CIMA brand provide a solid platform to expand Loomis’ Automated Solutions offering in Peru, creating clear growth and synergy opportunities.

Expanding the mining offer with Loomis International
The acquisition presents strong potential to complement Hermes’ established valuables logistics within the mining sector with Loomis International’s service offering, supporting cross-border expansion and strengthening the combined position in the mining segment. Supports Loomis strategic targets
The acquisition supports Loomis’ financial targets, contributing to both revenue growth and margin accretion. Hermes also demonstrates strong governance and is at the forefront of sustainability in its market, aligning well with Loomis’ sustainability priorities and targets.

Overview of the transaction

Loomis has entered into a Tender Offer Agreement (“TOA”) with CVC Capital Partners and other minority shareholders representing 99.49 percent of the outstanding shares of Hermes (the “Majority Shareholders”), a publicly listed company on the Lima Stock Exchange. Under the TOA, Loomis will, subject to customary terms and conditions, conduct a public tender offer (“Oferta Pública de Adquisición” or “OPA”) to acquire up to 100 percent of Hermes’ outstanding shares. The Majority Shareholders have pursuant to the terms of the TOA undertaken to support the OPA process and confirmed their intention to sell their shares and accept the tender offer once launched. The transaction values Hermes at an enterprise value of SEK 4 billion (PEN 1,450 million) on a cash and debt free basis, representing a 6.6x adjusted EBITDA multiple based on the 2025 financial year.

The commencement of the OPA is expected during the second or third quarter of 2026. Further details of the transaction, including the offer price and offer conditions, will be provided in the tender offer documentation in accordance with applicable regulations.

Following completion of the OPA, the business will be reported within Segment Europe and Latin America and consolidated into Loomis as of the transaction closing. Closing is expected to take place during the third quarter of 2026. Following a successful tender offer process, no regulatory approvals are required to complete the acquisition.

The transaction will be financed entirely through debt with an already committed bridge facility.

The acquisition is expected to be instantly accretive to the Group’s operating profit (EBITA) as well as earnings per share.

Conference call

Loomis invites shareholders, investors, analysts and financial media to a webcast presentation on May 5 at 9.00 a.m. CEST, during which the intended acquisition will be presented, and a Q&A session will be held.

To follow the webcast, please follow this link.

To ask questions, please join the conference call using the following dial-in details:

United Kingdom: +44 (0)161 250 8206USA: +1 (0)561 771 1427Sweden: +46 (0)8 505 100 39

This press release is also available on the company’s website, www.loomis.com.

For more information, please contact:

Aritz Larrea
President and CEO

Contact via:

Jenny Boström
Head of Sustainability and IR
ir@loomis.com
+46 79 006 45 92

Fredrik Hammarbäck

Media Relations and External Communications Manager
media@loomis.com
+46 76 311 56 29

Important information

The public tender offer for all of the outstanding shares of Hermes Transportes Blindados S.A. described in this communication has not yet commenced. This communication is for informational purposes only, is not a recommendation and is neither an offer to purchase nor a solicitation of an offer to sell any securities, nor is it a substitute for the tender offer materials that Loomis AB and its acquisition subsidiary will file with the Superintendencia del Mercado de Valores upon commencement of the tender offer.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/loomis-ab/r/loomis-enters-peru-through-the-intended-acquisition-of-hermes-transportes-blindados-via-a-public-ten,c4344257

The following files are available for download:

https://mb.cision.com/Main/51/4344257/4075002.pdf

Loomis enters Peru through the intended acquisition of Hermes Transportes Blindados via a public tender offer

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SOURCE Loomis AB

Technology

Corgi Launches AI Insurance Coverage to Protect Businesses When AI Goes Wrong

Published

51 minutes ago

May 5, 2026

SAN FRANCISCO, May 4, 2026 /PRNewswire/ — As artificial intelligence becomes deeply embedded in business operations, a new category of risk is emerging: one that traditional insurance policies were never designed to cover. Corgi has announced the launch of its AI Insurance Coverage, a purpose-built solution designed to protect companies from the real-world consequences of AI failures.

From autonomous agents making financial decisions to models generating customer-facing content, AI systems are no longer experimental—they are operational. But when these systems malfunction, produce biased outputs, or act unpredictably, the financial and legal exposure can be significant.

Corgi’s AI Insurance Coverage is designed to fill those gaps.

“Businesses are moving fast with AI, but their insurance hasn’t kept up,” said Nico Laqua, co-founder and CEOat Corgi. “We built this product for the reality companies are already in, where AI is making decisions, taking actions, and sometimes making mistakes.”

Rather than introducing a standalone policy, Corgi’s solution integrates directly with existing Tech E&O policies and introduces a modular approach, allowing companies to tailor protection based on how they use AI.

The coverage is built to address a wide spectrum of AI-related scenarios, including issues stemming from biased algorithms, inaccurate or harmful generated content, misuse of training data, adversarial attacks on models, synthetic media, and autonomous system failures.

Rather than forcing companies into rigid policies, Corgi allows customers to select only the coverage modules relevant to their risk profile, ensuring they pay only for what they need.

The launch comes at a time when traditional insurers and regulators alike are grappling with how to handle AI-related incidents. In some cases, traditional carriers have begun excluding AI-related risks altogether, leaving businesses exposed.

Corgi’s AI Insurance Coverage is available for technology companies, startups, and enterprises deploying AI in production environments.

About Corgi Insurance
Corgi is an AI-native, full-stack insurance carrier built for startups. As a licensed carrier, Corgi designs and manages insurance end-to-end, using modern infrastructure and AI systems to power underwriting, policy management, and claims.

Media Contact
Erika Lee
Corgi
erika@corgi.com

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SOURCE Corgi Insurance

Technology

ISDN Precision System Obtains CE Certification, Plans Debut at SEMICON SEA

Published

51 minutes ago

May 5, 2026

TAIPEI, May 5, 2026 /PRNewswire/ — ISDN Precision System announced that its linear motors have obtained CE certification, demonstrating compliance with European Union requirements on safety, health, and environmental protection, and granting the company official access to the European market.

The company stated that achieving CE certification indicates its product design and manufacturing processes meet relevant European regulatory standards, and is expected to support future collaboration with international customers in equipment integration and applications.

ISDN Precision System will participate in SEMICON SEA 2026 in May 2026 under the leadership of its parent company, Singapore-based ISDN Holdings. This marks the company’s first participation in an overseas semiconductor exhibition.

According to ISDN Precision System, the exhibition will feature linear motors and high-precision modules, with applications covering semiconductor equipment, laser processing, and optical inspection. Its linear motors support high-speed motion and precision positioning, and are compatible with leading global drive and controller brands for multi-axis configurations. The company also provides customized mechatronic solutions, developing motion systems based on customer requirements.

According to PwC, global semiconductor equipment spending is projected to grow at a compound annual rate of over 7% through 2030, with more than 70% of investments concentrated in Asia. Against this backdrop, as Asia continues to serve as a major hub for semiconductor manufacturing, and with Singapore and Malaysia playing key roles in packaging, testing, and related supply chains, ISDN Precision System is leveraging its parent company’s regional presence to expand its service capabilities.

The company stated that it will continue to strengthen technical capabilities and application integration based on its existing product portfolio, while expanding collaboration opportunities in overseas markets.

About ISDN Holdings Limited
Operating since 1986, ISDN Holdings Limited (SGX: I07) is a fast-growing multi-industry corporation focused on powering smart operations. We help businesses advance their digital capabilities for the Industry 4.0 era while maintaining a keen focus on clean energy in Asia.

About ISDN Precision System
Based in Taiwan, ISDN Precision System specializes in the local production of linear motors, high-precision gantries, and customized mechatronics solutions for the precision manufacturing sector. From its strategic base in Asia, the company has rapidly built an international network to deliver precise and tailored motion solutions to customers worldwide.

Contact ISDN Precision System at marketing@isdn-precision.com

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SOURCE ISDN Precision System