DISCO provides a cloud-based e-discovery platform for legal teams, including law firms, corporate legal departments, and government agencies. It helps identify, collect, and produce electronically stored information for legal cases. The platform uses artificial intelligence to speed up and improve the accuracy of document reviews and supports internal investigations, complex litigation, and FOIA requests. It uses a flat-rate pricing model based on data volume (gigabytes), which makes costs predictable, and runs on AWS for data security and 24/7 access. It emphasizes ease of use, scalability, secure data sharing, and access to dedicated e-discovery professionals. Overall, its goal is to give legal teams a secure, scalable tool that handles large data sets efficiently without surprise costs.
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2013
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CS Disco (NYSE: LAW), a legal technology company based in Austin, Texas, reported third-quarter revenue of $45.3 million, up 11% from a year earlier. Excluding a contingent contract recognised in the third quarter of 2025, growth was 15%. Software revenue rose 10% to $38.6 million. Net loss narrowed to $5.0 million from $13.7 million, and adjusted EBITDA reached $0.1 million, a quarter ahead of plan. Customers paying more than $100,000 over 12 months grew 15% to 374. The company also launched Advanced Research, an agentic AI tool for litigators. For the fourth quarter, it expects total revenue of $45.8 million to $47.8 million.
CS Disco: Q3 earnings snapshot. November 4, 2026 | 7:26 AM AUSTIN, Texas (AP) - AUSTIN, Texas (AP) - CS Disco Inc. (LAW) on Wednesday reported a loss of $5 million in its third quarter. The Austin, Texas-based company said it had a loss of 8 cents per share. Losses, adjusted for stock option expense, came to 1 cent per share. The legal technology company posted revenue of $45.3 million in the period. For the current quarter ending in December, CS Disco said it expects revenue in the range of $45.8 million to $47.8 million. The company expects full-year revenue in the range of $176.1 million to $178.1 million. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAW at https://www.zacks.com/ap/LAW Jayden West is a force on the field for McKinley Tech Jayden West is a force on the field for McKinley Tech Watch More This Video Cannot Be Played
DISCO, the Austin-based litigation technology company listed on the NYSE, has hired two senior executives to speed up its AI push for litigators. Mich Razon is chief technology officer, and Johann Wrede is chief marketing officer. Both joined on November 2, 2026. Razon comes from Thomson-Reuters, where she was chief technology officer and head of engineering for Legal AI. She will lead engineering for what DISCO calls the industry's first purpose-built unified litigation solution. Wrede joins from Auros, where he was also chief marketing officer. He will focus on DISCO's market presence, brand, and go-to-market strategy. The hires follow six straight quarters of double-digit software growth. DISCO AI platform revenue has grown 10x since the first quarter of 2026, and a pilot of the unified solution now includes four Am Law 50 firms.
DISCO announces senior hires to accelerate AI for Litigators. New senior leaders in Engineering, Marketing to help drive continued velocity in Litigation AI. Nov 4, 2026 Prev Next 1 of 43,916 DISCO, a creator of industry-leading litigation technology, announced two significant additions to its senior leadership team as it accelerates its strategy to lead in AI for Litigators. Mich Razon has joined as Chief Technology Officer, and Johann Wrede joined as Chief Marketing Officer. Both are long-tenured technology veterans with decades of experience spanning the legal, financial services, SaaS, cloud computing and travel industries. "DISCO continues to lead in AI for Litigators, and I am thrilled to see that mission resonate so strongly with high-caliber industry veterans in Mich and Johann," said CEO Eric Friedrichsen. "In both leaders, DISCO gains deep experience in building for and operating at scale. They know what it takes to thrive in fast-moving industries and will be tremendous assets as DISCO continues to innovate and grow." The hires come as DISCO has seen accelerating momentum across its business, posting its sixth consecutive quarter of double-digit software growth and announcing 10x revenue growth for its DISCO AI platform since Q1 2026, as well as an expanded pilot for its recently announced unified litigation solution that now includes four Am Law 50 firms. Razon joins DISCO from Thomson-Reuters where she served as CTO and Head of Engineering for Legal AI and helped spearhead the company's pivot into agentic AI solutions. At DISCO, she will be responsible for the global engineering strategy and team focused on developing the industry's first purpose-built unified solution for litigators. Prior to Thomson-Reuters, Razon served as Vice President, General Manager and Head of Platform for Google Cloud, serving as the global lead for Google Cloud commerce. She has also held senior leadership roles at Mastercard and Teradata. She serves on the Board of Directors for Green Dot Corporation, a leading digital bank and fintech. "The legal industry is rapidly evolving, and innovation matters more than ever. Litigators need confidence that their tools are built for the rigors of modern litigation," Razon said. "DISCO has a decade-long record of leading in litigation AI, and I am excited to help put those innovative solutions in the hands of litigators even faster." A multi-time CMO, Wrede joins DISCO from Auros where he also served as CMO. He will focus on expanding DISCO's market presence, brand identity and go-to-market strategy building on DISCO's growing portfolio of large customers at the leading edge of litigation. Prior to Auros, Wrede served as CMO of Emburse, a corporate travel and expense platform. He has also held senior marketing roles at Xactly where he was CMO and SAP where he led brand, creative, advertising, events, content and product marketing during his tenure. Wrede began his career as a software engineer. "The legal AI boom has changed the playing field for brands, and there is a significant gap between what's promised and what's real. DISCO has the proven history to cut through the noise and set the standard for what customers should expect from their technology partners. I'm looking forward to the opportunity to help build that narrative," said Wrede.
CS Disco shares have fallen 30.5% since January 1, 2026, including dividends. The legal software maker's stock cost $7.76 at the start of the year and now trades at $5.07. Second-quarter 2026 revenue rose to $43.146 million from $38.106 million a year earlier. The net loss narrowed from $10.812 million to $8.658 million, and net margin improved from a loss of 28.4% to a loss of 20.1%. The bullish case put fair value at $9, assuming 9.4% annual revenue growth and a 12.7% profit margin. The cautious case put it near $6.08, citing reliance on large, unpredictable e-discovery matters and continued losses. Profitability remains unproven.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Austin, TX
Founded
2013
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs