← Back

CS Disco LLC

CS Disco, Inc. provides cloud-native, artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. Its offerings include DISCO Hold for automating preservation requirements, data preservation, custodian notification, hold tracking with an audit trail, and data collection; DISCO Request for automating responses to legal requests such as service of process, subpoenas, and law enforcement requests; and DISCO Ediscovery for automating the ediscovery process. The company also provides DISCO Review, an AI-powered document review product, and DISCO Case Builder, which lets legal professionals collaborate across teams by searching, organizing, and reviewing witness testimony and other legal data in one place. Its products support litigation, investigation, compliance, and diligence matters, and serve enterprises, law firms, legal services providers, and governments. CS Disco, Inc. was founded in 2012 and is headquartered in Austin, Texas.

Price · split & dividend adjusted
News & notes moving LAW
Global
Artificial Intelligence▲

DISCO Survey Finds Legal AI Adoption Up Sharply as Cost Forecasting Becomes the New Challenge

Legal AI adoption rose sharply across every measure in DISCO's annual study of legal AI trends, but the industry that spent last year forecasting savings now says it cannot forecast costs. The survey, conducted by Ari Kaplan Advisors, found that in DISCO's 2025 study 32% of participants reported already realizing savings from AI and 55% expected them, while in the 2026 research participants raised unprompted the shift in legal AI pricing away from annual subscriptions toward consumption-based token and credit models and the difficulty of budgeting against it. Pressure to adopt is increasingly coming from the top of the client organization, with pressure from the board or C-suite rising from 18% to 47% of corporate legal respondents in a single year and pressure from the highest levels of company leadership rising from 64% to 76%, while the share of law firms adopting legal AI specifically to meet rising client demand rose from 39% to 64%. Sixty-two percent of participants report using AI agents for work including horizon scanning across jurisdictions, weekly legal hold reporting, data extraction, fact chronologies and document review, though only 10% believe legal AI is becoming exclusively agentic. Confidence in AI for document review has passed a threshold, with 72% of respondents rating themselves as somewhat or very confident using legal AI for document review compared with conventional manual review, up from 53% a year ago, and 58% having integrated legal AI into routine legal processes, up from 35%. DISCO's Director of AI Consulting, James Park, said pricing transparency has become a bigger constraint on adoption than output, and the research also found discovery workloads rising for 53% of respondents, up from 47%, while the share reporting that complex litigation is taking longer fell from 39% to 34%.
About megatrends
Artificial Intelligence › AI Applications & Copilots ▲Demand
LAW · Demand · Positive DISCO's annual survey shows legal AI adoption rising sharply across every measure, with 58% having integrated legal AI into routine processes (up from 35%), signaling growing end-customer adoption of its legal AI products.
Ari Kaplan Advisors · Demand · Positive Ari Kaplan Advisors conducted the DISCO survey whose findings on sharply rising legal AI adoption are the subject of the article.
Read original ↗
Business Wire·11dRead more →
United States
Artificial Intelligence▲2

CS Disco launches Unified Litigation Solution, raises full-year revenue guidance

CS Disco announced the launch of its Unified Litigation Solution and raised its full-year revenue guidance during its second quarter fiscal 2026 earnings call. Total revenue was $43.1 million, up 13% year-over-year, with software revenue of $36.8 million, also up 13%, and services revenue of $6.3 million, up 18%. Adjusted EBITDA was negative $3.4 million, and the company reiterated its expectation to be adjusted EBITDA positive in the fourth quarter. For fiscal 2026, CS Disco raised total revenue guidance to a range of $172 million to $179 million and software revenue guidance to $147.5 million to $152.5 million, while updating full-year adjusted EBITDA guidance to negative $8 million to negative $5 million. The company also reported that revenue attributable to generative AI and agentic AI capabilities more than tripled year-over-year, and the number of customers generating more than $100,000 over the last 12 months grew to 354, representing $128 million or 77% of total revenue.
About megatrends
Artificial Intelligence › AI Applications & Copilots ▲Demand
LAW · Capital · Positive Raised full-year revenue guidance and reported strong revenue growth, though adjusted EBITDA remains negative.
Read original ↗
The Motley Fool·53dRead more →
LAW▲

DISCO Appoints Former Meta Security Executive Andre Mintz to Board of Directors

DISCO has appointed Andre Mintz, a former senior security executive at Meta, to its Board of Directors effective July 21, 2026. Mintz brings extensive experience in security and privacy risk management, having most recently served as Vice President of Global Security and Privacy at Meta, and previously holding senior roles at Microsoft, Reuters, and FedEx. Chairman Scott Hill stated that Mintz's data security expertise will help maintain customer trust and keep DISCO at the forefront of the evolving information security landscape. Mintz also serves on the board of Q2, a publicly traded financial technology services company.
LAW · Capital · Positive Appointment of experienced security executive to board strengthens governance and may enhance investor confidence.
Read original ↗
Business Wire·73dRead more →
LAW▼

HubSpot vs. CS Disco: Which Technology Stock Is a Better Buy in 2026?

The Motley Fool compares HubSpot and CS Disco to determine which cloud-based software provider offers a better investment opportunity in 2026. HubSpot, an AI-powered customer platform for mid-market B2B companies, reported fiscal 2025 revenue of nearly $3.1 billion, a 19.2% increase, and net income of approximately $45.9 million, with free cash flow of nearly $707.6 million. CS Disco, a legal technology specialist with over 1,500 customers, posted fiscal 2025 revenue of approximately $156.8 million, up 8.3%, but recorded a net loss of nearly $44.4 million and negative free cash flow of $18.0 million. HubSpot trades at a forward price-to-earnings ratio of 15.7 times and a price-to-sales ratio of 3.4 times, while CS Disco has a forward P/E of 43.8 times and a P/S of 1.6 times. The analysis concludes that HubSpot is the preferred pick due to its larger market opportunity, strong double-digit subscription revenue growth, expanding margins, and an attractive entry point after a sharp pullback from highs.
HUBS · Capital · Positive Article recommends HubSpot as better buy due to strong financials, growth, and attractive valuation
LAW · Capital · Negative Article highlights CS Disco's net loss, negative free cash flow, and higher valuation, making it less attractive
Read original ↗
The Motley Fool·86dRead more →