CS Disco Inc., the Texas-based provider of legal document review and eDiscovery services, went public today on the New York Stock Exchange (NYSE) and will be traded under the “LAW” symbol.
Disco, an Austin-based legal technology went public today and saw its shares surge on its first day on Wall Street. The newly listed company's stock debuted at $32 per share on the New York Stock Exchange, trading under the ticker "LAW". The share price finished its first day of trading at $41.67, up $9.67 or 30.2%.
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.
The company's S1-filing provides interesting insight into the trajectory of the company and the legal technology industry at large. Here are 10 notable highlights:
The press release for the company's public offering can be found here, and the full S1 is available on the website of the SEC.