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Ropes & Gray partners with OpenAI to build AI tools for transactional diligence

Law firm Ropes & Gray is creating AI solutions with OpenAI to help lawyers review grouped documents, summaries, and reports for client advice.

Ropes & Gray announced a collaboration with OpenAI to develop artificial‑intelligence applications for transactional diligence work.

The AI tools will assist lawyers by processing groups of documents, generating summaries and producing reports that lawyers can review before advising clients.

The partnership focuses on using OpenAI's technology to streamline the document‑review phase of transactions, a traditionally labor‑intensive task.

Ropes & Gray will retain final oversight, with attorneys reviewing AI‑generated outputs to ensure accuracy and compliance before client interaction.

What it means for you

The initiative shows how large firms can augment legal workflows with AI, reducing time spent on routine document analysis. For users of free or local models, it highlights a growing gap between proprietary AI services and open‑source alternatives, emphasizing the need for robust, trustworthy tools in specialized domains.

Sources

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