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Decrease in net sales was driven by a 12% decrease in the volume of megawatts sold and the aforementioned increase in our Series 7 product warranty liability, partly offset by expected payments associated with contract terminations in the U.S., Have you fully remediated the backdrop here around the $50 million warranty liability?
Over the last few months, we segmented our customer base and began shifting resources to focus the attention on our most important top customers and prospects. In our testing with top Am Lawfirms, the results were outstanding. And many of our lawfirm customers want to differentiate themselves.
This is why our portfolio has outperformed the national average, our markets and our submarkets, all because customers and prospects are attracted to our commute-worthy buildings. We believe financially capable landlords who provide value to customers and prospects will see healthy demand across a wide variety of price points.
We're seeing good prospect activity across our development projects. As businesses become more cautious about their own growth prospects, they typically become more cautious about their space needs. We just had an engineering firm last quarter, take another 10,000 feet. And so, it's -- it's across the board. One little footnote.
Another example, DLA Piper, a global lawfirm pioneering technology innovation in the legal sector, worked with C3 AI to create a first-of-kind generative AI application to streamline the analysis of complex legal agreements. In conclusion, business is good, prospects look bright, and C3.ai Talk about guidance.
This quarter, I would like to highlight a large international lawfirm that has been a distant eDiscovery user for more than five years. Another customer, a global publicly traded shipping company and their AmLaw 100 Lawfirm has been using Disco for a large global antitrust matter. And look what Cecilia found.
Third, we continue to make progress on our development pipeline, which is now 49% leased and we have a healthy pipeline of strong prospects to drive our leased rate higher. We have strong prospects for an additional 140,000 square feet that we expect to sign over the next several months. We have more strong prospects.
Lawfirms, medical diagnostics is just fascinating. And those are our best prospects is ones that have tried to do data science and then scale that up across a large enterprise, typically figure out how difficult that is without the right data and AI platform. Patrick Walravens -- Analyst Awesome. The Motley Fool recommends C3.ai.
Global Financial and Professional liability rates were down 6%, while cyber decreased 7%. We stay close to our corporate clients, of course, and spend a lot of time with lawfirms as well. I had just a question more prospectively just on the market. Global Casualty rates increased 4% with U.S. Thank you, Alex.
I'm excited at the prospect of working closely with Eric as the chair of DISCO's board of directors to help support him and the DISCO team who have come to mean so much to me. We're talking big lawfirms here in the U.S., Before we discuss our first quarter performance, I want to give Eric an opportunity to introduce himself.
We also had a seven-figure deal with a large lawfirm expanding our firewall footprint in the new data center and expanding their hybrid workforce initiatives with Prisma Access. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
Affinipay, a leader in online payment and software solutions for professionals, will partner with Marqeta to launch its planned LawPay Visa credit card embedded within the MyCase platform, the first comprehensive solution in the industry that helps lawfirms, pay, track, and manage firm and client expenses.
Customers across industries are moving to Zoom Team Chat, including a global supply chain leader, who has migrated over 1,200 users; a major lawfirm who has migrated 1,500 users; and a financial payments leader, who has moved over 2,000 users. Matt VanVliet -- BTIG -- Analyst OK. The Motley Fool has a disclosure policy.
So I spent the first decade of my career as a mutual fund attorney, which was really 00:06:59 [Speaker Changed] In-house for, not for a lawfirm, but for a, a mutual fund related company. So at our firm, putting portfolio managers in front of prospects and clients, we constantly have to train them, give them presentation training.
I am pleased to report a strong end of the year for DISCO as we continue to make progress in growing the reach of our platform and extending our relationships with top tier lawfirms and corporations. We are concentrating our energy, resources, and budget on making a great first impression with the right prospects.
Just think about other professional advisory businesses like law, for example. Lawyers with one year of experience don't get paid the same as lawyers with 10 years of experience, and lawyers at small lawfirms don't get paid the same as lawyers at big national lawfirms. million agents.
Our early investments in AI and first-party data are resonating with customers and prospects, fueling our record fourth-quarter results, and contributing to our market share gains. And then we brought in a lawfirm that is one of the top data experts in the country. At Zeta, we've consistently skated to where the puck is going.
Importantly, the bulk of this vacancy is concentrated in four core buildings, some of which we have already backfilled but where occupancy hasn't yet commenced and others where we have good prospect activity. These properties, which are still one year away from projected stabilization, are a combined 52% leased with healthy prospect activity.
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