However do note that this operation normalizes volume, which may not be what you want. (Referring to user ls1xxx) The manual says this:Ogopogo wrote:There's no tool but you can hit ctrl+j to consolidate.
33.3.7 Consolidate
Consolidating clips (page 86) in the Arrangement View creates new audio files, which are non-neutral in comparison to the original audio data. Specifically, the new files will be normal- ized, with their clip volumes adjusted to play back at the same volume as heard prior to consoli- dation. Normalization is a gain change, which is a non-neutral operation. Also, the new files will be created at the sample rate and bit depth set in Live‘s Preferences window, which may differ from those in the original audio files.