Cooley Launches GO Public with ChatGPT Work for IPOs

Cooley launches GO Public, an AI tool based on ChatGPT Work and designed with OpenAI, to streamline the initial stages of IPOs. The system aims to formalize automated steps and validation points by lawyers, with the stated goal of saving time on strategic analysis. The firm is relying on a claimed activity of 180 transactions in 2025, totaling over $51.5 billion.

Cooley aims for a method change with OpenAI across the market

Dave Peinsipp presents GO Public as the beginning of a broader shift in how work is conducted in capital markets. He asserts that this offering embodies Cooley's vision for the future of practice and that collaboration with OpenAI has allowed for a rethinking of these processes. He sees potential that extends beyond just IPOs to encompass capital market transactions in general. Cooley indicates it is working closely with OpenAI to combine business expertise and AI engineering, aligning processes and outcomes. The system, powered by OpenAI, is designed to help lawyers consider a larger volume of information while directing their expertise toward the most critical decisions. In this context, David Wang reminds us of lawyers' professional duties to achieve a legally defensible outcome, a requirement that demands significant effort.

Claimed time savings for lawyers and management

GO Public is expected to allow Cooley to redirect more lawyer and management time toward the substantial work that drives an IPO. David Wang explains that the integration of ChatGPT Work brings intelligence to a mass of information that was previously sorted manually, and after an initial selection, human effort can focus on higher-value areas. Dave Peinsipp describes this approach as "speed to quality" and clarifies that the goal is to reach a solid starting point sooner, allowing more time for judgment, questioning disclosures, and strategic thinking. For management, the claimed benefit extends beyond just legal aspects, even as IPO preparation competes for the attention of leaders busy steering rapidly evolving companies. ChatGPT Work is presented as accelerating this preparation and returning time to management so they can focus on the business, the narrative, and the decisions that will shape the offering. Peinsipp further emphasizes that an IPO demands significant management attention and that GO Public aims to expedite the preparation phase to free up this time.

A defined agentic flow and a client-centered starting point

Cooley has developed GO Public, a proprietary AI offering built on ChatGPT Work. Its agentic analysis system reviews information and formalizes steps where agents operate automatically and others where lawyers must review or validate, with a defined sequence. The goal is to produce a customized starting point for the IPO, centered on the client. The tool aggregates information provided by the company, relevant public sources, and selected precedents, where teams previously started from a comparable company precedent before adapting it. Legal engineers, innovation advisors, and practitioners have translated the firm's experience into this system, and David Wang indicates that the entire setup was built using OpenAI technology. Previous analyses also feed into a reusable "integrated know-how."

A firm positioned on IPOs and aware of constraints

Cooley presents itself as an international firm specializing in supporting companies in capital markets and IPOs. In 2025, it advised on 180 transactions totaling over $51.5 billion, claiming more than a decade at the top of the U.S. market for issuers and a volume of venture-backed IPOs greater than any other firm over 20 years. Working in capital markets involves handling vast amounts of information, and David Wang, the director of innovation, describes consistently busy periods for lawyers with thousands of tasks during an IPO. Dave Peinsipp, partner and co-chair of the global capital markets group, highlights the importance of a solid and tailored starting point for review, while ChatGPT Work is presented as an efficiency engine throughout the process. David Wang also emphasizes Cooley's status as a leading firm in these operations. He notes that the legal profession is traditionally resistant to change, and the presentation suggests that AI offers the opportunity to rethink the execution of work while preserving judgment and accountability. In this context, the customized starting point and the focus of time on structuring decisions are emphasized.