Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses LAW in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LAW in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Eric Friedrichsen | $550,000 | $0 | $2,837,011 | $0 | $544,500 | $0 | $132,246 | $4,063,757 |
| Chief Executive Officer and Director | ||||||||
| Richard Crum | 370,000 | 0 | 1,311,113 | 0 | 219,780 | 0 | 12,450 | 1,913,343 |
| Executive Vice President, Chief Product, Technology and Strategy Officer | ||||||||
| Michael Lafair | 410,000 | 0 | 917,780 | 0 | 243,540 | 0 | 17,398 | 1,588,719 |
| Former Executive Vice President, Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Eric Friedrichsen | $4,063,757 | $8,651,343 | — | −4,587,586 |
| Richard Crum | 1,913,343 | — | — | — |
| Michael Lafair | 1,588,719 | 1,369,701 | 4,337,355 | +219,018 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Eric Friedrichsen | Director | 2026-05-08 | A | 9,000 | $4 | $35,730 | Common | Form 4 ↗ |
| Eric Friedrichsen | Director | 2026-05-16 | D | 44,492 | 4 | 170,404 | Common | Form 4 ↗ |
| Karen Herckis | EVP, Chief HR Officer | 2026-05-18 | D | 8,562 | 4 | 30,909 | Common | Form 4 ↗ |
| Melanie Antoon | EVP, Chief Customer Officer | 2026-05-18 | D | 8,590 | 4 | 31,010 | Common | Form 4 ↗ |
| Richard Crum | EVP, Chief Prod & Tech Officer | 2026-05-18 | D | 7,492 | 4 | 27,046 | Common | Form 4 ↗ |
| Susan Garcia | GC & Chief Compliance Officer | 2026-05-18 | D | 6,972 | 4 | 25,169 | Common | Form 4 ↗ |
| James Offerdahl | Director | 2026-06-10 | A | 41,096 | 0 | 0 | Common | Form 4 ↗ |
| Scott Hill | Director | 2026-06-10 | A | 41,096 | 0 | 0 | Common | Form 4 ↗ |
| Susan L. Blount | Director | 2026-06-10 | A | 41,096 | 0 | 0 | Common | Form 4 ↗ |
| Krishna Srinivasan | Director | 2026-06-10 | A | 41,096 | 0 | 0 | Common | Form 4 ↗ |
| Robert P. Goodman | Director | 2026-06-10 | A | 41,096 | 0 | 0 | Common | Form 4 ↗ |
| Thomas Bogan | Director | 2026-06-10 | A | 41,096 | 0 | 0 | Common | Form 4 ↗ |
| Andre L. Mintz | Director | 2026-07-21 | A | 74,442 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Richard Crum | PSU | — | — | — | — | — | $1,311,113 |
| Michael Lafair | PSU | — | — | — | — | — | 917,780 |
| Eric Friedrichsen | PSU | — | — | — | — | — | 2,837,011 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Richard Crum | $0 | $1,311,113 | $0 | 100.0% |
| Michael Lafair | 0 | 917,780 | 0 | 100.0% |
| Eric Friedrichsen | 0 | 2,837,011 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Eric Friedrichsen | RSU | 639,863 | — | $4,965,337 |
| Eric Friedrichsen | RSU | 201,111 | — | 1,560,621 |
| Michael Lafair | RSU | 82,485 | — | 640,084 |
| Michael Lafair | RSU | 60,187 | — | 467,051 |
| Michael Lafair | RSU | 8,799 | — | 68,280 |
| Michael Lafair | RSU | 11,749 | — | 91,172 |
| Richard Crum | RSU | 99,207 | — | 769,846 |
| Richard Crum | RSU | 94,829 | — | 735,873 |
| Richard Crum | RSU | 69,841 | — | 541,966 |
| Eric Friedrichsen | RSU | 151,695 | — | 1,177,153 |
| Michael Lafair | RSU | 48,889 | — | 379,379 |
| Michael Lafair | RSU | 24,140 | — | 187,326 |
The company provides base salaries, performance-based annual cash bonuses, and equity awards (RSUs and PSUs) to attract and retain executive talent. Compensation is benchmarked against peer company practices and designed to align executive interests with long-term stockholder value through equity ownership, with annual bonus opportunities tied to corporate performance goals.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2022 | 2022-07-12 | 36,152,843 | 5,699,225 | 3,938,961 | 86.38% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2022 | 2022-07-12 | 86.38%a |
a. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Thomas BoganIndependent · Audit · Newly elected | $29,929 | $300,000 | $0 | $0 | $0 | $329,929 |
| Scott HillIndependent · Board Chair · Compensation | 89,598 | 150,000 | 0 | 0 | 0 | 239,598 |
| James OfferdahlIndependent · Audit (Chair) | 55,000 | 150,000 | 0 | 0 | 0 | 205,000 |
| Susan L. BlountIndependent · Audit · Nominating and Corporate Governance (Chair) | 53,000 | 150,000 | 0 | 0 | 0 | 203,000 |
| Colette Pierce Burnette, Ed.DIndependent · Nominating and Corporate Governance | 39,000 | 150,000 | 0 | 0 | 0 | 189,000 |
| Eric FriedrichsenEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Toby WilliamsIndependent · Partial-year service · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Krishna SrinivasanIndependent · Compensation (Chair) · Nominating and Corporate Governance | 0 | 0 | 0 | 0 | 0 | 0 |
| Tyson BaberIndependent · Audit · Departed during FY · Partial-year service | 0 | 0 | 0 | 0 | 0 | 0 |
| Robert P. GoodmanIndependent · Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Aaron ClarkIndependent · Nominating and Corporate Governance | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $35,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 12,000 / 8,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $266,527 |
| Equity awards (grant-date value) | $900,000 |
| All other compensation | $0 |
| Total cost of the board | $1,166,527 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | CS Disco | 2025 | Eric Friedrichsen | $550,000 | $2,837,011 | $0 | $544,500 | $4,063,757 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Eric Friedrichsen | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “2025 Summary Compensation Table”. As printed: 4,063,757. Filing ↗machine: r2 · c36 · span 254101–254110 |
| 2 | Section 01, Richard Crum | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “2025 Summary Compensation Table”. As printed: 1,913,343. Filing ↗machine: r6 · c36 · span 264950–264959 |
| 3 | Section 01, Michael Lafair | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “2025 Summary Compensation Table”. As printed: 1,588,719. Filing ↗machine: r4 · c36 · span 259617–259626 |
| 4 | Section 03, Richard Crum PSU | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r6 · c6 · span 263621–263630 |
| 5 | Section 03, Michael Lafair PSU | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r4 · c6 · span 258420–258427 |
| 6 | Section 03, Eric Friedrichsen PSU | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r2 · c6 · span 252673–252682 |
| 7 | Section 07, pay ratio | 10-K | 2026-02-25 | 0001625641-26-000044 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 8 | Section 08, Thomas Bogan | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 329,929. Filing ↗machine: t17 · r3 · c6 · span 356722–356729 |
| 9 | Section 08, Scott Hill | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 239,598. Filing ↗machine: t17 · r7 · c6 · span 362586–362593 |
| 10 | Section 08, James Offerdahl | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 205,000. Filing ↗machine: t17 · r8 · c6 · span 364049–364056 |
| 11 | Section 08, Susan L. Blount | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 203,000. Filing ↗machine: t17 · r2 · c6 · span 355437–355444 |
| 12 | Section 08, Colette Pierce Burnette, Ed.D | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 189,000. Filing ↗machine: t17 · r4 · c6 · span 358200–358207 |
| 13 | Section 08, Eric Friedrichsen | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Toby Williams | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 08, Krishna Srinivasan | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t17 · r9 · c6 · span 365436–365437 |
| 16 | Section 08, Tyson Baber | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t17 · r10 · c6 · span 367075–367076 |
| 17 | Section 08, Robert P. Goodman | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t17 · r6 · c6 · span 361222–361223 |
| 18 | Section 08, Aaron Clark | DEF 14A | 2026-04-30 | 0001625641-26-000097 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t17 · r5 · c6 · span 359580–359581 |
| 19 | Section 02, Eric Friedrichsen 2026-05-08 | Form 4 | 2026-05-11 | 0001625641-26-000112 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Eric Friedrichsen 2026-05-16 | Form 4 | 2026-05-19 | 0001625641-26-000126 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Karen Herckis 2026-05-18 | Form 4 | 2026-05-19 | 0001625641-26-000128 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Melanie Antoon 2026-05-18 | Form 4 | 2026-05-19 | 0001625641-26-000134 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Richard Crum 2026-05-18 | Form 4 | 2026-05-19 | 0001625641-26-000132 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Susan Garcia 2026-05-18 | Form 4 | 2026-05-19 | 0001625641-26-000130 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, James Offerdahl 2026-06-10 | Form 4 | 2026-06-11 | 0001490198-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Scott Hill 2026-06-10 | Form 4 | 2026-06-11 | 0001625641-26-000148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Susan L. Blount 2026-06-10 | Form 4 | 2026-06-11 | 0001625641-26-000145 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Krishna Srinivasan 2026-06-10 | Form 4 | 2026-06-11 | 0001625641-26-000146 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Robert P. Goodman 2026-06-10 | Form 4 | 2026-06-12 | 0001193125-26-269451 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Thomas Bogan 2026-06-10 | Form 4 | 2026-06-11 | 0001625641-26-000144 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Andre L. Mintz 2026-07-21 | Form 4 | 2026-07-23 | 0001625641-26-000156 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 06, 2022 vote | Form 8-K | 2022-07-12 | 0001625641-22-000077 | Item 5.07 · say-on-pay result. As reported: 86.38%. Filing ↗ |
| 33 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 34 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 35 | Section 09b board cost (computed) | Computed | — | computed | Cash 266,527 + equity 900,000 + all other 0 = 1,166,527, summed across the director compensation table rows.machine: formula: Σ = 1,166,527 |
| 36 | CS Disco (subject), Section 10b CEO total | DEF 14A | 2026-04-30 | 0001625641-26-000097 | CEO total compensation as printed in CS Disco's own proxy. As printed: 4,063,757. Filing ↗machine: r2 · c36 · span 254101–254110 |