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Cs Disco Inc   (LAW)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $7.4900 $0.60 8.708%
Day's High: $8 Week Perf: 9.34 %
Day's Low: $ 7.16 30 Day Perf: -5.55 %
Volume (M): 490 52 Wk High: $ 10.77
Volume (M$): $ 3,666 52 Wk Avg: $7.32
Open: $7.16 52 Wk Low: $5.07



 Market Capitalization (Millions $) 451
 Shares Outstanding (Millions) 60
 Employees 470
 Revenues (TTM) (Millions $) 137
 Net Income (TTM) (Millions $) -42
 Cash Flow (TTM) (Millions $) -44
 Capital Exp. (TTM) (Millions $) 19

Cs Disco Inc
DISCO provides a cloud-native, artificial intelligence-powered legal solution that simplifies ediscovery, legal document review and case management for enterprises, law firms, legal services providers and governments. Our scalable, integrated solution enables legal departments to easily collect, process and review enterprise data that is relevant or potentially relevant to legal matters. We leverage a cloud-native architecture and powerful artificial intelligence, or AI, models to automatically identify legally relevant documents and improve the accuracy and speed of legal document review. Our AI models continuously learn from legal work conducted on our solution and can be reused across legal matters, which further strengthens our ability to help our customers find evidence and resolve matters faster as they expand usage of our solution. We provide legal departments with the ability to centralize legal data into a single solution, improving security and privacy for our customers, enabling transparent collaboration with other legal industry participants and allowing customers to reuse data and lawyer work product across legal matters. By automating the manual, time-consuming and error-prone parts of ediscovery, legal document review and case management, we empower legal departments to focus on delivering better legal outcomes.
Since our incorporation in 2013, and beginning with our founders, DISCO has assembled a team that combines strength in software engineering, cloud computing and AI, with deep legal expertise and a rich understanding of the problems that lawyers and legal professionals face and how they work. This combination of expertise means that our team is distinctly well-positioned to execute on our vision of building technology that powers the legal function across companies in every industry.
Law affects everyone, from the largest multinational corporations to local mom-and-pop businesses, from the most powerful national governments to the smallest towns and from major civic organizations to individual citizens. The impact of law on the business world is only growing, with businesses today operating in more jurisdictions than ever before and increasingly exposed to a growing number of constantly changing laws and regulations that can materially damage a company's brand and operations. This has turned the corporate legal function into a mission-critical, strategic component of the modern enterprise and contributed to the growth in global spend on legal services. But despite its enormous scale and attractive opportunities for automation and the application of AI to improve lawyer productivity and job satisfaction, the legal industry has lagged behind other industries in digitization and cloud technology adoption. Legal work often requires lawyers to collect and review enterprise data to determine the facts. This process includes ediscovery, which refers to the process of collecting, searching and producing digital enterprise data that can constitute documentary evidence and legal document review, which refers to the substantive review of collected digital enterprise data by legal professionals to determine the facts and final evidence in a legal matter. Today, many legal departments rely on a complex and services-heavy network of law firms, legal services providers and legacy point solutions for ediscovery and legal document review. This fragmented, multi-vendor approach is extremely manual, difficult to use and ill-suited to handle the massive growth in the volume, variety and velocity of enterprise data that legal departments are experiencing, which ultimately limits the productivity of legal professionals and their ability to resolve legal matters quickly and on favorable terms. However, recent technological advances such as AI and cloud computing have reached a point of technological maturity where they can enable legal technology applications to transform legal work and automate much of the previously manual, time-consuming work done by legal professionals. At the same time, we believe rapid growth in use of consumer software and other consumer technology, including the proliferation of mobile devices, the generational shift of lawyers and the increasing career mobility of lawyers, are all contributing to a radical change in expectations for legal technology used in the workplace.
Since our inception, our principal goal has been to create experiences that feel 'magical' to lawyers, by delivering intuitive, intelligent offerings that are well-tailored to lawyers' workflows and a joy for legal professionals to use. Our solution is enabled by our deep investment in a modern, scalable cloud architecture that accelerates application development; makes our offerings robust, scalable and secure; and enables us to act as a secure single system of record and engagement for all legal data at enterprise scale. We have built our solution to incorporate the latest advances in automation and AI directly into existing lawyer workflows to multiply lawyer productivity across the ediscovery and legal document review lifecycle. Our cloud-native, AI-powered software is augmented with deep expertise, consultative professional services and flexible customer support that enables us to be a single-source provider and meet the diverse needs of customers in every industry. With our full-stack solution, legal departments no longer need to rely on a fragmented network of slow, antiquated processes and law firms and service providers manually collecting, searching and reviewing documents. We believe this reduces legal costs, increases lawyer productivity and improves legal outcomes. We intend to extend our solution and apply it to other kinds of legal work over time, enabling us to compete for an increasing share of global spend on legal services.


   Company Address: 111 Congress Ave. Austin 78701 TX
   Company Phone Number: 653-4726   Stock Exchange / Ticker: NYSE LAW
   


   

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Stock Transactions

CS Disco Approves $20 Million Share Repurchase Program to Fortify Stockholder Value

Published Thu, Mar 14 2024 8:15 PM UTC

CS Disco Board Approves $20 Million Share Repurchase Authorization to Enhance Stockholder Value
AUSTIN, Texas - CS Disco, Inc. (DISCO) (NYSE: LAW) has announced that its Board of Directors has approved a share repurchase program, authorizing the company to buy back up to $20 million of its outstanding shares of common stock. This move comes as the company believes that i...

Cs Disco Inc

CS Disco Inc Reports Revenue Rise of 9.943%, but Records Losses in Fiscal Year Ending Dec 31, 2023

CS Disco Inc has released its financial results for the fourth quarter and fiscal year ending December 31, 2023, showing a revenue rise of 9.943% year on year to $35.77 million. While the revenue increase was significant, it was not enough for the company to reach break even, as it recorded a deficit per share of $-0.09.
Despite this, CS Disco Inc has outperformed its sector peers in terms of revenue growth. The Software & Programming sector only saw an 8.65% revenue increase during the same period. Compared to the previous reporting season, CS Disco Inc saw a surge in deficit from $-0.02 per share and a 5.199% increase in revenue from $34.00 million.

Business Update

Transforming Legal Landscape: DISCO Launches Cecilia Deposition Summaries, Records Substantial Revenue Growth

Published Tue, Jan 30 2024 2:04 PM UTC

In a game-changing move, DISCO (NYSE: LAW), a frontrunner in AI-driven legal technology, has announced the arrival of an advanced tool that is set to revolutionize the way lawyers handle witness testimonies. The new offering, named Cecilia Deposition Summaries (Depo Summaries), promises quick analyses, improved accessibility, and most importantly, a substantial reduction in ...

Cs Disco Inc

LAW Reports Vanishing Deficit, Achieves Remarkable Turnaround in Q3 2023 Earnings Season

Cs Disco Inc, a leading legal technology company, recently released its financial results for the third quarter of 2023. The company reported a decrease in loss per share, a significant improvement from the previous year. Earnings per share also showed improvement compared to the previous reporting period. Despite these positive results, the company experienced a decrease in revenue both year-over-year and sequentially.
In the third quarter of 2023, Cs Disco Inc reported a net shortfall of $-1.030 million, a significant improvement from the deficit of $-20.058 million in the same period of the previous year. This indicates that the company is heading in the right direction and making progress toward profitability.

Product Service News

Catchy headline: DISCO and vLex Join Forces to Empower Legal Professionals with Cutting-Edge AI and the Most Extensive Database of U.S. Case Law

Published Wed, Nov 8 2023 9:31 PM UTC

DISCO Partners with vLex to Harness the Power of AI and Expand Legal Industry's Primary Law Database
AUSTIN, Texas - DISCO (NYSE: LAW), a prominent player in AI-enabled legal technology, has recently announced a groundbreaking licensing agreement with Fastcase, Inc., a subsidiary of the vLex group of companies. This innovative partnership allows DISCO to tap into vLex's ...






 

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