{"id":6518,"date":"2026-10-30T01:32:01","date_gmt":"2026-10-30T04:32:01","guid":{"rendered":"https:\/\/tucumandevelopers.com\/index.php\/2026\/10\/30\/how-ropes-gray-is-developing-ai-for-transactional-diligence\/"},"modified":"2026-10-30T01:32:01","modified_gmt":"2026-10-30T04:32:01","slug":"how-ropes-gray-is-developing-ai-for-transactional-diligence","status":"publish","type":"post","link":"https:\/\/tucumandevelopers.com\/index.php\/2026\/10\/30\/how-ropes-gray-is-developing-ai-for-transactional-diligence\/","title":{"rendered":"How Ropes &#038; Gray is developing AI for transactional diligence"},"content":{"rendered":"<div>\n<div>\n<div id=\"building-a-first-pass-for-commercial-contract-diligence\">\n<p><h2><span>Building a first pass for commercial contract diligence<\/span><\/h2>\n<\/p>\n<\/div>\n<p><span>Before finalizing any acquisition, the buyer must carry out a thorough investigation to validate the seller\u2019s financial and legal claims. That process of transactional diligence uncovers risks and liabilities, requiring data-heavy research that usually involves an entire team of lawyers.<\/span><\/p>\n<p><span>From parsing through an enormous number of documents to analyzing patterns, putting together a bid on a short timeline can take days of intensive work. To help their lawyers help their clients move more quickly, Ropes &amp; Gray developed a transactional diligence AI tool with OpenAI.<\/span><\/p>\n<p><span>\u201cIt\u2019s enabling all the lawyers at our firm to actually get to what we\u2019re supposed to be doing,\u201d says Howard Glazer, the Partner and Head of Practice AI at Ropes &amp; Gray. \u201cOur clients don\u2019t pay us to review contracts. They pay us to make judgments based on what\u2019s in the contracts.\u201d<\/span><\/p>\n<p><span>The new diligence AI tool takes a first pass by combing through thousands of pages, identifying relevant documents and automatically grouping them together based on themes and issues. Along with the research, the tool produces summaries and a completed report in Ropes &amp; Gray\u2019s signature format. It inventories and categorizes a data room, so it can review full relationships, not isolated documents. Of course, lawyers can inspect the grouping and categorization to confirm nothing is missed.<\/span><\/p>\n<p><span>The initial development work has focused on material commercial contracts. In working sessions, Ropes &amp; Gray\u2019s lawyers compared test outputs with human-authored diligence reports from completed deals, then refined the rubric and report format based on what the drafts got right and where they fell short.<\/span><\/p>\n<p><span>Ropes &amp; Gray designed the tool with a consistent query and framework that mimics the exact steps their team would take, from initial reviews to summaries to higher-level reviews. Comparable to the work of a capable junior-to-mid-level associate, this tool gives their firm consistently high-quality work that serves as a first pass through the process.<\/span><\/p>\n<p><span>\u201cOur lawyers still need to review everything,\u201d says Lichtenstein. \u201cBecause anything that we\u2019re going to deliver to a client, we need to be able to stand behind 100%. This is why the tool is designed to allow lawyers to easily review interim summaries and actual documents.\u201d With the initial review taken care of, lawyers can spend more time reviewing and refining the work, resulting in a more carefully crafted final judgment.<\/span><\/p>\n<div id=\"applying-ai-to-complex-transactions\">\n<p><h2><span>Applying AI to complex transactions<\/span><\/h2>\n<\/p>\n<\/div>\n<p><span>Ropes &amp; Gray has publicly described an ambition for the tool to produce a detailed, issue-level diligence report in hours rather than weeks.<\/span><\/p>\n<p><span>With tools like their proprietary diligence tool and GPT\u20116 Astra, Ropes &amp; Gray has been able to solve client problems far faster than before.<\/span><\/p>\n<div id=\"results-at-a-glance\">\n<p><h2><span>Results at a glance<\/span><\/h2>\n<\/p>\n<\/div>\n<div>\n<ul>\n<li>\n<p><span>The tool inventories and categorizes a data room, grouping related documents by themes and issues.<\/span><\/p>\n<\/li>\n<li>\n<p><span>The workflow produces summaries and a report in Ropes &amp; Gray\u2019s format.<\/span><\/p>\n<\/li>\n<li>\n<p><span>Lawyers review interim summaries and source documents before delivering work to clients.<\/span><\/p>\n<\/li>\n<li>\n<p><span>Testing compares draft outputs with lawyer-authored diligence reports to refine the rubric and report format.<\/span><\/p>\n<\/li>\n<\/ul>\n<\/div>\n<p><span>Lichtenstein and Glazer offer two lessons from their experience with AI.<\/span><\/p>\n<p><span>Experiment with using AI for everything. From finding dress shoes to vibecoding games for his kids, Lichtenstein has been using AI in every facet of his life. \u201cJust by using it for so many different things, I feel like I\u2019ve learned a lot of what it does well, how you can make it work better,\u201d Lichtenstein explains. \u201cThe most rewarding part is not when it does well, it\u2019s when you see the mistake and try to figure out what to do. That\u2019s where it transformed from something I was playing with to a really powerful professional tool.\u201d<\/span><\/p>\n<p><span>Put the clients first. While designing AI tools and workflows, Ropes &amp; Gray emphasizes the importance of keeping the firm\u2019s greatest goal in mind. \u201cIt\u2019s exciting to think there is so much opportunity, but only if we learn how to use it and make sure that our clients are the ones who are winning,\u201d says Glazer. \u201cThat\u2019s what we\u2019re focused on: how can we use this to benefit the clients? And if we do that, then everything will work out fine.\u201d<\/span><\/p>\n<div id=\"whats-next\">\n<p><h2><span>What\u2019s next<\/span><\/h2>\n<\/p>\n<\/div>\n<div>\n<ul>\n<li>\n<p><span>While today, AI is helping Ropes &amp; Gray with legal diligence, Glazer believes that the next stage of AI will help create collective knowledge within the firm.<\/span><\/p>\n<\/li>\n<li>\n<p><span>With 340 partners and 1500 lawyers, Ropes &amp; Gray sees value in creating access to every person\u2019s knowledge, from their client meetings to past projects, to better solve client problems.<\/span><\/p>\n<\/li>\n<li>\n<p><span>\u201cThat\u2019s not just saving time. It\u2019s not just saving money,\u201d says Glazer. \u201cIt\u2019s using the AI tools to directly create value, and that\u2019s just amazing.\u201d<\/span><\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Fuente: <a href=\"https:\/\/openai.com\/index\/ropes-gray-ai-diligence\">Art\u00edculo original<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Building a first pass for commercial contract diligence Before finalizing any acquisition, the buyer must carry out a thorough investigation to validate the seller\u2019s financial and legal claims. That process of transactional diligence uncovers risks and liabilities, requiring data-heavy research that usually involves an entire team of lawyers. From parsing through an enormous number of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"webixso_pending_account_ids":""},"categories":[43],"tags":[],"class_list":["post-6518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-openai"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/posts\/6518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/comments?post=6518"}],"version-history":[{"count":0,"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/posts\/6518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/media\/6517"}],"wp:attachment":[{"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/media?parent=6518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/categories?post=6518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tucumandevelopers.com\/index.php\/wp-json\/wp\/v2\/tags?post=6518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}