Everlaw vs Disco

About

DISCO is a legal technology company founded in 2013 in Austin, Texas, on the mission of using AI to make legal work faster, more accessible, and more just. The company's core technology applies machine learning to eDiscovery — the process of identifying, collecting, and producing electronically stored information in litigation — and has extended its AI platform into legal hold, case management, and contract analysis. DISCO is publicly traded on the New York Stock Exchange under the ticker LAW.\n\nThe DISCO platform serves law firms, corporate legal departments, and government agencies. Its AI engine, Cecilia, processes up to 32,000 documents per hour with 90%+ precision, significantly outperforming the roughly 75% accuracy typical of manual human review. This combination of speed and accuracy addresses the core economics of eDiscovery, which historically requires armies of contract attorneys for large-scale document review. DISCO serves 315 large customers and has expanded into the European Union with a 2025 product launch targeting GDPR-compliant eDiscovery workflows.\n\nDISCO reported $144.8 million in revenue for 2024, a 5% year-over-year increase, demonstrating durable growth in a competitive legal tech market. The company's position as one of the few publicly traded legal AI companies provides it with capital market transparency and credibility with enterprise buyers. As litigation volumes grow and legal departments face cost pressure, DISCO's AI-first approach to document review positions it as a structural cost-reduction platform rather than a discretionary software purchase.