Legal Teams Achieve Measurable Benefits From Embracing Technology-Driven Transformation, But Resistance to Change Persists, According to New Research
CS Disco, Inc. (LAW)
Company Research
Source: Business Wire
The legal industry's status quo mentality, combined with a hesitation to invest in innovative new technologies, continues to block the path to better legal outcomes AUSTIN, Texas & WASHINGTON--(BUSINESS WIRE)--While tech digitization is having a profound impact on the legal industry, a majority of legal professionals say they are falling behind when it comes to implementing crucial transformation initiatives. This is one of the key findings from a new legal transformation survey report released today by The Association of Corporate Counsel (ACC) and DISCO (NYSE:LAW), a leader in AI-enabled legal technology.Legal departments that prioritized adopting technologies for improving internal investigations are realizing the clear benefits, including improved productivity, mitigation of privacy and security risks, reduced costs, and better chances of favorable litigation outcomes. But even with these clear technology-driven benefits, survey findings showed that 70% of legal departments and
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News
- DISCO to Announce First Quarter 2024 Financial Results On May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- DISCO to Announce First Quarter 2024 Financial Results On May 9, 2024Business Wire
- CS Disco, Inc. (NYSE: LAW) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $15.00 price target on the stock.MarketBeat
- CS Disco Appoints Eric Friedrichsen as CEOBusiness Wire
- CS Disco, Inc. (NYSE: LAW) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $9.00 price target on the stock.MarketBeat
LAW
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- 2/22/24 - Beat
LAW
Sec Filings
- 4/10/24 - Form 8-K
- 4/2/24 - Form 4
- 3/1/24 - Form 4
- LAW's page on the SEC website