THE $1B LAND GRAB FOR LEGAL TECH'S FUTURE

Summary from the TLDR Founders newsletter

Clio bought vLex for $1 billion this week, shortly after Harvey expanded its LexisNexis partnership. Both moves reveal the same strategy - owning the full legal workflow from research to billing. The interesting part is how quickly legal data got locked up. Three companies control most legal data: Westlaw partnered with CoCounsel, Lexis with Harvey, and Clio now owns vLex. That concentration means smaller legal tech companies face a choice: find a dance partner or become one.