$5.730
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LAW News
LAW Events
DISCO Reports Q3 Revenue of $45.3M, Exceeds Expectations
Reports Q3 revenue $45.3M, consensus $44.82M. "DISCO had another strong quarter building AI for Litigators, paced by our sixth consecutive quarter of double-digit software growth, rapid growth in our DISCO Platform, which has grown 10x since Q1 2026, and continued customer enthusiasm for our unified litigation solution which just added a second cohort to our pilot program," said Eric Friedrichsen, CEO of DISCO. "Importantly, we also reached break-even Adjusted EBITDA in Q3 - a full quarter ahead of schedule."
CS Disco Appoints New CTO and CMO to Accelerate AI Strategy
CS Disco 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. Razon joins DISCO from Thomson-Reuters where she served as CTO and Head of Engineering for Legal AI. Wrede joins DISCO from Auros where he also served as CMO
Sees Q4 Adjusted EBITDA of $0M-$1.5M
Sees Q4 adjusted EBITDA $0M-$1.5M
Sees FY26 Adjusted EBITDA of $6.8M to $5.3M
Sees FY26 adjusted EBITDA ($6.8M) - ($5.3M).
DISCO Launches Enhanced AI-Powered Auto Review Feature
DISCO announced the launch of a feature enhancement to its generative AI-powered Auto Review solution that makes prompt iteration faster and easier and helps teams refine their own AI review instructions without prompt-engineering expertise. For legal professionals, prompt iteration and understanding effectual oversight over AI tools is not typically a skill they have been trained on. Prompt engineering is often the most time-consuming element of an insourced review, and can take several days or even weeks of fine tuning to find the correct language to deliver optimal results. This significant enhancement to DISCO Auto Review removes the prompt-engineering hurdle. By simplifying the process, the solution empowers teams to confidently manage high-quality document reviews themselves, while reducing the reliance on outside legal services.
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