Ropes & Gray has a weapon in its quest to win a broader swath of deals work: artificial intelligence, Mahira Dayal reports.
In an interview, Ropes & Gray’s leaders laid out how the firm plans to leverage AI tools to compete with massive firms like Kirkland & Ellis and Latham & Watkins, which dominate the deals market by scoring a high volume of transactions. Ropes & Gray — about half the size of those rivals by headcount — targets a smaller segment of high-value deals. The firm ranked 20th in the latest Bloomberg Law league tables, advising on nearly $100 ...