Cooley Released AI Tool for IPO Filings
The firm launched an automated assistant to draft SEC S-1 forms using OpenAI's enterprise technology.
Updated on Sept. 21, 2026 in Artificial Intelligence
Live Poll
Do you trust artificial intelligence to accurately draft complex legal documents like IPO filings?
Cooley has released GO Public, the first software product from its dedicated AI subsidiary, to assist legal teams in the initial public offering process. The tool is currently available for use by firm attorneys to help draft required Securities and Exchange Commission S-1 registration forms.
Why it matters
This development signals a shift toward specialized AI-driven workflows in the high-stakes legal sector, aiming to accelerate the complex process of preparing companies for public markets. By integrating large language models into standard regulatory filings, the firm is testing whether AI can reliably handle foundational legal documentation.
GO Public is built upon ChatGPT Enterprise, utilizing OpenAI technology to assist with the generation of S-1 forms. The tool functions as a domain-specific assistant within the legal workflow for initial public offerings.
The players
Cooley
A global law firm specializing in technology, life sciences, and venture capital, now expanding into AI-driven legal software through its subsidiary.
OpenAI
An AI research and deployment company that provides the underlying generative models and enterprise technology platform used in the GO Public software.
The details
The tool functions by leveraging OpenAI's large language model architecture to draft the S-1 forms, which are the primary registration documents required by the Securities and Exchange Commission for new public offerings. By automating the initial drafting phase, lawyers can focus on the verification and refinement of disclosures rather than starting from a blank page. The software operates within the firm's controlled environment to manage the sensitive legal data required for federal filings.
Timeline
September 17, 2026: Cooley announced the launch of GO Public.
The Tech Race
This move places Cooley directly into the emerging market for bespoke legal AI tools designed for specialized regulatory workflows. It follows a broader industry trend where law firms are transitioning from general-purpose chatbot usage to purpose-built systems that interface directly with federal disclosure requirements.
The tool is currently deployed for use by firm attorneys to streamline the preparation of federal registration documents. Future impact will depend on the software's demonstrated accuracy and efficiency in reducing the hours required for complex IPO filings.
The takeaway
The deployment of GO Public represents a test case for whether LLMs can safely navigate the rigid, high-stakes requirements of federal regulatory documentation. Observers should track subsequent filings to verify if the tool successfully reduces document error rates or cycle times in actual public offerings.
Further reading
For more on how language models are impacting professional workflows, visit our Artificial Intelligence section.
Source note: This article includes information reported by Law.
Live Poll
Do you trust artificial intelligence to accurately draft complex legal documents like IPO filings?
