The legal technology provider Clio is now certified in trust accounting by the Law Society of New South Wales.
This significant achievement reflects the company's commitment to providing legal technology solutions that meet the highest industry standards.
Denise Farmer, General Manager, APAC at Clio, says: "Our certification by the Law Society of New South Wales is a significant milestone for us and a testament to the quality of our technology."
"Clio is committed to providing law firms with the right tools to do their work without compromise while maintaining the highest standards of quality and service."
The certification process includes a rigorous review of Clio's software functionality. It confirms that Clio meets the high standards the Law Society sets, including robust accounting practices and strict internal controls. It also demonstrates to potential clients that law firms utilising Clio prioritise security and compliance.
Farmer continues: "Law firms often prefer to work with certified software providers as it gives them confidence that their trust accounts will be managed effectively and in accordance with regulations."
"In some cases, clients insist on working only with certified service providers. We are thrilled to be able to serve an even greater segment of the legal services market with this certification in place."
This certification covers Clio's flagship practice management software, Clio Manage, with significant benefits for legal practitioners and their clients. Firms can readily comply with the state's trust accounting laws and regulations while reducing the risk of errors that could have legal and financial consequences.
"By using certified software, legal professionals can reduce the risk of unintentional breaches of trust accounting regulations. This helps to protect both their clients' funds and the firm's reputation," says Farmer.
Canadian-based Clio expanded into Australia in January and is rapidly evolving its products to suit the specific needs of Australia's legal sector. Along with multiple products available to legal practitioners to help them manage and grow their practice, the company has also established a regional data centre to support customers in Australia and throughout the Asia-Pacific region.
Farmer says the company had entered the Australian market with a strong mission: to provide law firms with a choice. Clio seeks to change the legal technology game by transitioning from outdated technology and restrictive long-term contracts as easily and cost-effectively as possible.
Having achieved certification with the Law Society of New South Wales, Clio will continue to develop and enhance its software. Clio assures clients can be confident that any changes to trust laws or regulations will be reflected in appropriate changes to the software.
With more than 150,000 customers globally and the approval of more than 90 bar associations and law societies, Clio maintains the highest score compared to 130 legal practice management products by business software review site G2 for multiple consecutive years.
Farmer says: "We are already seeing a very positive market response and adoption rates in Australia."
"This new certification will help to increase this further in the months and years ahead."
"We have a long-term commitment to supporting Australia's legal sector. By working closely with law societies, regulators, partners, and our customers, we will continue to provide a solid, reliable platform supporting ongoing growth and first-rate service levels," concludes Farmer.