Ropes & Gray develops AI for transactional diligence with OpenAI

Ropes & Gray is developing artificial intelligence tools for transactional diligence with OpenAI, according to the firm’s published materials. The effort is aimed at helping lawyers review grouped documents, summaries and reports before advising clients, underscoring how legal teams are using AI to organize large deal data sets without replacing attorney judgment. The source material says the work is focused on transactional diligence, a process that can span finance, tax, intellectual property, data privacy, regulatory, employment, antitrust, anti-corruption, international risk and litigation issues. Ropes & Gray’s M&A practice describes that broader diligence approach as an integrated review across those disciplines, while its life-sciences diligence offering says it provides regulatory diligence, issue assessment, remediation advice and help negotiating transaction terms that reflect diligence findings.

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