Ropes & Gray deploys OpenAI's AI for transactional due diligence
In brief
- Ropes & Gray integrates OpenAI's AI to analyze legal documents.
- Lawyers use generated summaries to advise clients.
- The tool targets transactional due diligence specifically.
Law firm Ropes & Gray is developing an AI tool for transactional due diligence with OpenAI. Lawyers review grouped documents, summaries, and reports before advising clients, according to the announcement.
What it changes for you
- LegalLaw firms can automate part of document analysis for transactions, reducing case processing time.
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