Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Ropes & Gray says it is developing a due-diligence tool with OpenAI
Ropes & Gray announced that it was developing a proprietary artificial intelligence tool with OpenAI for transactional due diligence. The firm said the collaboration involved custom agent workflows based on its lawyers’ review methods, with the intended tool producing detailed reports on issues identified in deal materials.
Key points
- The firm said the workflow was designed to identify risks and exceptions in data rooms.Ropes & Gray
- Ropes & Gray said attorney oversight was embedded at every stage of its AI deployments.Ropes & Gray
- The firm said the collaboration complemented its existing collection of AI tools.Ropes & Gray
- The announcement did not give a launch date.Ropes & Gray