CS Disco, Inc. reports developments in legal technology, centered on DISCO, its cloud-native platform for litigation, eDiscovery, legal document review, case management, investigations and regulatory response. The company serves law firms, corporations, legal services providers and government customers, with revenue generated through software and related support arrangements.
Recurring LAW news covers quarterly financial results, software revenue trends, large-customer activity, AI product development, Cecilia AI and agentic AI capabilities, platform packaging and pricing updates, enterprise customer agreements, board changes and technology-conference presentations.
DISCO (NYSE: LAW) will report its third-quarter 2026 financial results before market open on November 4, 2026. The quarter ended September 30, 2026. A conference call and webcast covering results and business highlights will begin at 7:30 a.m. Central Time (8:30 a.m. Eastern Time) that day. The webcast will be available at ir.csdisco.com, with a replay available for 12 months after the call.
DISCO (LAW) released its 2026 Legal AI Survey showing legal AI adoption rising sharply across law firms and corporate legal departments, while cost predictability has emerged as the main obstacle. Participants reported a shift from annual subscriptions to token and credit-based pricing, with many struggling to understand task definitions, track usage and forecast budgets.
Top‑down pressure is accelerating adoption: 76% of corporate legal respondents report pressure from senior leadership and 47% from the board or C‑suite, while 64% of law firms are adopting AI to meet client demand. Sixty‑two percent use AI agents in production, 72% are somewhat or very confident in AI for document review, 58% have integrated AI into routine processes, and 94% work under a formal AI policy. Discovery workloads are increasing for 53% of respondents even as complex litigation duration is not rising at the same rate, and some in‑house teams report reclaiming work, including one citing about $10,000 saved per M&A deal on board resolutions.
DISCO (NYSE: LAW) launched an enhancement to its generative AI-powered Auto Review solution that streamlines prompt iteration for legal document review. The new capability refines AI review instructions from plain-language feedback, removing the need for prompt-engineering expertise and helping legal teams run high-quality, AI-driven reviews themselves.
According to DISCO, Auto Review can improve tag descriptions, test prompts on sample documents and generate versions with improved performance metrics, supporting large, high-volume first-pass reviews. Customers may use it as a self-service in-house tool or as a DISCO-managed offering. The enhancement will be demonstrated at ILTACON in Nashville.
DISCO (NYSE: LAW) announced the general availability of Advanced Research, an agentic AI eDiscovery and fact‑investigation tool designed for complex litigation matters. The application performs autonomous multi-step reasoning, reviews its own findings, and explains its logic to help litigators shape case strategy and uncover key evidence faster.
According to DISCO, Advanced Research can generate memos, deposition outlines, timelines and review-ready results within minutes, handling large data sets and searching by both keywords and semantic meaning. Early-access users reportedly asked twice as many questions as non-users, and the product will be demonstrated at ILTACON in August in Nashville.
DISCO (NYSE: LAW) reported second quarter 2026 revenue of $43.1 million, up 13% year over year, with software revenue of $36.8 million, also up 13%. GAAP net loss improved to $8.7 million from $10.8 million a year earlier, while Adjusted EBITDA was a loss of $3.4 million versus a $2.7 million loss in 2025.
DISCO ended June 30, 2026 with $10.9 million in cash and cash equivalents and $90.5 million in short-term investments. Customers generating over $100,000 in trailing 12‑month revenue increased 10% to 354. The company also launched a unified litigation solution and appointed security expert Andre Mintz to its board.
For Q3 2026, DISCO guides software revenue to $38.1–$39.1 million, total revenue to $43.75–$45.75 million, and Adjusted EBITDA to a loss of $1.75–$0.25 million. For full year 2026, it forecasts total revenue of $172–$179 million and Adjusted EBITDA between a loss of $8 million and $5 million.
DISCO (NYSE: LAW) announced an AI-native unified litigation solution that combines detailed case facts with relevant U.S. case law in a single application. According to the company, the offering includes patent-pending litigation-specific workflows designed to support litigators from filing through verdict.
The solution is currently in pilot with five leading law firms, including Am Law 200 firm Quarles & Brady, on live cases. DISCO plans general availability early next year and highlights customization features that let customers create their own workflows, agents and tools to support complex litigation across matters and dockets.
DISCO (NYSE: LAW) announced that CEO Eric Friedrichsen and CFO Aaron Barfoot will present at the 46th Annual Canaccord Growth Conference on August 12, 2026, at 7:00 a.m. Central / 8:00 a.m. Eastern. A live webcast and limited-time replay will be available on DISCO’s investor relations website.
DISCO (NYSE: LAW) appointed security and privacy risk management executive Andre Mintz to its Board of Directors, effective July 21, 2026. Mintz is a former Vice President, Global Security and Privacy at Meta and has held senior information security roles at multiple global companies.
According to DISCO, his extensive experience in data security, privacy, and risk management is expected to support the company’s focus on information security and data privacy as core elements of customer trust. Mintz also serves on the board of financial technology services company Q2.
CS Disco (NYSE: LAW) will release its financial results for the quarter ended June 30, 2026 before market open on Wednesday, August 5, 2026. Management will review financial results and business highlights on a conference call and live webcast at 7:30 a.m. CT (8:30 a.m. ET), with replay access available for 12 months.
Receipts Depositary Corporation (NASDAQ:LAW) raised $7 million in an oversubscribed funding round led by LiveOak Ventures, with participation from several strategic investors.
The capital will fund new depositary receipt products on digital and alternative assets, expand market distribution, enhance infrastructure, and support company-wide hiring.