Miller believes the JOBS Act may cut the cost of going public by a $1 million or more, money he said would be invested on hiring people.

The law also allows the firm to keep certain aspects about the company confidential to test the IPO waters.

Miller said that clause is crucial to his firm.

"How we charge for our services, what the economics of our business look like, are things that could be copied by our competition," said Miller.

The bill's disclosure rollback provisions of SOX has drawn criticism from some quarters.