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How Cooley is accelerating IPO work with ChatGPT
Law firm Cooley developed GO Public, a proprietary AI tool powered by ChatGPT Work to accelerate the initial public offering (IPO) process.
Why it matters
This allows companies going public to spend less time on manual data synthesis and more on strategic decisions, potentially speeding up their market entry.
The big picture
This partnership confirms a trend in prior coverage where OpenAI collaborates with professional organizations and government bodies to integrate ChatGPT into specialized workflows.
The details
- The system automates initial information cuts to let lawyers focus on high-value areas. - It moves away from traditional methods of adapting precedents from comparable companies. - Cooley combined AI engineering with legal expertise to ensure professional judgment is preserved.
What's next
Cooley aims to expand the use of this AI-driven approach to capital markets transactions more broadly beyond IPOs.
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Key connections
Cooley developed GO Public, a proprietary AI product offering
David Wang works at Cooley
David Wang, Chief Innovation Officer at Cooley
Dave Peinsipp works at Cooley
Dave Peinsipp, partner and co-chair of Cooley’s global capital markets group
GO Public is built with ChatGPT Work
GO Public, a proprietary AI product offering built on ChatGPT Work
Cooley partners closely with OpenAI to combine subject-matter expertise and AI engineering knowledge
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