Forbes
is
out
this
week
with
its
10th
annual
Cloud
100
list,
tracking
the
top
companies
in
cloud
computing,
and
four
legal
tech
companies
made
the
list,
while
one
dropped
off
from
last
year.
Two
other
legal
tech
companies
were
highlighted
as
rising
stars
—
“startups
on
track
to
be
some
of
the
best
private
cloud
companies
in
the
future.”
Included
on
this
year’s
list
are
Clio,
which
rose
from
56th
on
the
list
last
year
to
46th
this
year;
DeepL,
an
AI
translator
used
by
legal
professionals
and
in
other
industries,
which
ranked
75th;
Harvey,
the
gen
AI
legal
automation
software,
which
ranked
91st;
and
EvenUp,
the
AI
platform
for
personal
injury
lawyers,
which
ranked
100th.
The
two
legal
tech
companies
that
made
the
list
as
Rising
Stars
are Crosby,
an AI-powered
law
firm,
and InfoDash,
a
knowledge-sharing
platform
for
law
firms.
Icertis,
which
was
ranked
39th
on
the
2024
list,
did
not
make
this
year’s
list.
Of
Clio,
Forbes
said
in
part:
“Over
200,000
legal
experts
use
Clio,
whose
software
is
endorsed
by
more
than
100
law
societies
and
bar
associations
around
the
globe,
including
all
50
state
bar
associations
in
the
United
States.
Clio,
which
has
raised
a
total
of
$1.29
billion
to
date,
announced
in
June
it
would
acquire
vLex—the
company
behind
Vincent
AI,
an
AI-powered
legal
research
assistant—for
$1
billion.”
About
DeepL,
Forbes
said
in
part:
“One
of
Google
Translate’s
top
rivals,
DeepL
was
founded
in
2017
by
Polish
entrepreneur
Jaroslaw
Kutylowski.
Its
AI-powered
software
enables
users
to
translate
text
and
files
into
30
different
languages,
including
Estonian,
Japanese
and
Portuguese,
or
to
make
writing
in
another
language
sound
more
natural.”
Regarding
Harvey,
Forbes
wrote
in
part:
“Lawyers’
desks
are
notoriously
covered
in
paperwork,
but
Harvey
can
make
all
that
clutter
disappear.
The
AI
company
is
built
to
securely
store
thousands
of
sensitive
documents
–
including
court
records
–
and
quickly
allow
lawyers
to
get
answers
to
complex
legal
queries.”
As
for
EvenUp,
the
Forbes’
editors
said
in
part:
“The
$1
billion
company
now
powers
over
1,500
personal
injury
firms,
helping
to
analyze
medical
records
and
generating
over
$7
billion
in
claims
to
date.
Its
expansion
efforts
include
new
headquarters
in
San
Francisco
and
the
launch
of
workflow
tools
to
reduce
delays
in
document
draft
and
review
times.”
Among
the
factors
considered
in
compiling
the
list
are
market
leadership,
company
valuation,
operating
metrics,
and
people
and
culture.
Selections
are
made
by
Forbes
in
collaboration
with
Bessemer
Venture
Partners
and
Salesforce
Ventures.
Note
that
Bessemer
led Clio’s
2014
Series
C
financing
round.