Cooley Launches AI Product GO Public to Accelerate IPO Process

Overview

International law firm Cooley has recently launched GO Public, an internal AI product built on ChatGPT Work, designed to accelerate the initial public offering (IPO) process for companies. The product analyzes vast amounts of information through agent workflows, helping legal teams identify potential issues earlier so they can focus their professional efforts on key strategic decisions. David Wang, Cooley’s Chief Innovation Officer, stated that this move marks a new era of intelligent services in capital market regulation.

Background and Product Architecture

Cooley holds a leading position in the US equity issuer IPO market with over two decades of experience, assisting with 180 global transactions totaling more than $51.5 billion in 2025. Faced with thousands of documents that need to be processed simultaneously during an IPO, traditional manual screening methods have limited efficiency.

The core advantage of GO Public lies in its unique agent-based Harness architecture:

• Automatically integrates client information, public sources, and curated precedents
• Provides professionally refined expertise “baked” by legal engineers as a starting point
• Clearly delineates the boundaries between AI automated execution and lawyer manual review
• Ensures compliance review and legal judgment are ultimately overseen by professionals

“GO Public allows us to enter the high-intensity preparation phase faster, enabling lawyers and management teams to devote more time to strategic decision-making around the transaction.” — Dave Peinsipp, Co-Chair of the Global Capital Markets Group

Efficiency Gains and Industry Impact

From “precedent adaptation” to “client-first”

In traditional models, teams typically start by modifying precedents from comparable companies. GO Public, however, takes the client itself as the starting point, aggregating relevant information through AI to generate more targeted initial drafts. This approach significantly reduces time spent on basic document processing, realizing the so-called “speed is quality” philosophy.

Liberating executives to focus on core business

IPO preparation often consumes significant attention from company management. Cooley believes that once AI handles information sorting, executives can focus on telling the business story, market positioning, and key operational decisions—areas where their value is irreplaceable.

Driving change in the legal industry

Although the legal industry has historically been cautious about change, Cooley’s collaboration with OpenAI gives it confidence to redefine how capital markets operate. Peinsipp noted that GO Public is not just an upgrade to IPO services but also a prototype vision of future capital market transaction delivery models, with potential to expand into broader securities issuance areas.

Through deep collaboration with OpenAI, Cooley has demonstrated how to combine domain expertise with AI engineering capabilities, setting a new benchmark for intelligent transformation in highly regulated financial services.