Cooley's GO Public Tool Enhances IPO Efficiency with AI Integration
Cooley's GO Public harnesses AI to revolutionize the IPO process, enabling faster and more effective legal services. This groundbreaking tool empowers legal teams to focus on strategic decisions that matter most during a company's pivotal transition to public status.
Key Facts
- Cooley advised on 180 deals worth $51.5B in 2025, showcasing its market dominance in IPOs.
- GO Public accelerates IPO prep, reallocating executive focus to strategic decision-making.
- AI integration reveals legal industry’s shift towards efficiency, enhancing competitive positioning.
- Faster IPO processes can improve financial performance by reducing time-to-market for clients.
- Cooley's collaboration with OpenAI signals a strategic shift in capital markets service delivery.
Summary
Summary
Cooley, an international law firm, faced challenges in managing the extensive information and processes involved in initial public offerings (IPOs). To address this, they developed GO Public, an AI-driven solution built on ChatGPT Work, which streamlined workflows and allowed teams to focus on high-value tasks. As a result, Cooley improved the speed and quality of IPO preparations, enabling clients to reach the market faster.
Background
Cooley is a prominent law firm specializing in capital markets and IPOs, with a strong track record in the US issuer-side IPO market. In 2025, the firm advised on 180 deals worldwide, totaling over $51.5 billion in deal volume. Prior to the deployment of GO Public, Cooley's teams relied on adapting precedents from comparable companies, which often led to inefficiencies and a lack of tailored solutions for clients.
Challenge
Cooley sought to overcome the bottleneck of managing vast amounts of information and tasks associated with IPOs. The traditional approach required significant time and effort from lawyers, which detracted from their ability to focus on strategic decision-making and high-value areas of the IPO process.
Solution
Cooley developed GO Public, a proprietary AI product that utilizes ChatGPT Work to analyze and synthesize information relevant to IPOs. This system creates a customized starting point for lawyers by integrating client-specific data, public sources, and curated precedents. The AI-driven workflow outlines which tasks can be automated and where human review is necessary, enhancing efficiency and accuracy in the preparation process.
Results
With the implementation of GO Public, Cooley was able to redirect more lawyer and management time toward substantive work that drives IPO success. The integration of ChatGPT Work facilitated faster preparation, allowing management teams to focus on strategic decisions rather than getting bogged down in legal details. The specific metrics of time saved or efficiency gained were not provided in the source material.
Key Insights
The deployment of AI in legal practices can significantly enhance efficiency and allow professionals to concentrate on high-value tasks. By leveraging technology, firms can rethink traditional workflows and improve client outcomes without sacrificing the quality of legal services.
Customer Testimonial
“GO Public is our vision for the future of capital markets practice. Our collaboration with OpenAI has allowed us to rethink how this work gets done. We see enormous potential not only for IPOs but for capital markets transactions more broadly.” — Dave Peinsipp, partner and co-chair of Cooley’s global capital markets group.
Entities Mentioned
Companies
Products
People
Organizations
Key Concepts
Definitions
- IPO
- An Initial Public Offering (IPO) is the process through which a private company offers shares to the public for the first time.
- GO Public
- GO Public is Cooley's proprietary AI product designed to streamline the IPO process by analyzing information and providing tailored starting points for lawyers.
- ChatGPT Work
- ChatGPT Work is an AI tool that enhances legal workflows by bringing intelligence to the process of preparing for IPOs.
- agentic harness
- An agentic harness is a system that automates certain tasks while allowing for human review and validation in legal workflows.
- capital markets
- Capital markets are financial markets where long-term debt or equity-backed securities are bought and sold.
Use Cases
- →Accelerating the IPO preparation process
- →Enhancing lawyer efficiency and focus
- →Providing tailored legal documentation
- →Improving management's ability to concentrate on strategic decisions
- →Facilitating faster information analysis
- →Transforming traditional legal workflows
Frequently Asked Questions
How does GO Public improve the IPO process?
GO Public improves the IPO process by using AI to analyze vast amounts of information, allowing lawyers to focus on critical decisions rather than manual data sorting. This leads to a more efficient and tailored approach to IPO preparation.
What role does ChatGPT Work play in legal work?
ChatGPT Work plays a crucial role by bringing intelligence to every step of the legal process, enabling faster and more effective handling of complex information. It helps streamline workflows and enhances the quality of legal outcomes.
Why is management attention important during an IPO?
Management attention is vital during an IPO because executives must focus on strategic decisions that shape the offering. GO Public allows them to concentrate on high-value areas by reducing the time spent on legal preparations.
What is the significance of Cooley's collaboration with OpenAI?
Cooley's collaboration with OpenAI is significant as it combines legal expertise with advanced AI technology, enabling the firm to innovate and improve the efficiency of capital markets work. This partnership aims to redefine how legal services are delivered.
How does GO Public address the challenges of traditional legal work?
GO Public addresses the challenges of traditional legal work by automating routine tasks and providing a structured workflow that enhances efficiency. This allows lawyers to apply their expertise where it matters most, improving overall outcomes for clients.