Expect the e-discovery industry to remain a fairly private club for the time being. In the wake of DISCO’s surprise debut on the New York Stock Exchange last week, the e-discovery provider’s competitors will likely be keeping a close eye on the company’s performance before launching any IPOs of their own. 

“I am positive most [e-discovery] companies are going to watch and see what happens with DISCO. … I don’t know if I would call DISCO the guinea pig, but I think that people are definitely going to be watching,” said Brett Burney of Burney Consultants.