Ropes & Gray Adopts ILS ProVision for Side Letter Automation in Asset Management
- Significance
- Medium
- Confidence
- Confirmed
Why this matters
Ropes & Gray LLP has moved past pilots into deployment. A meaningful marker of where the firm's capability is heading.
Ropes & Gray adopted Intelligent Legal Solutions' ProVision platform across its asset management/private funds practice after a collaborative pilot in which the firm's private funds team tested the tool and helped shape its functionality. ProVision automates extraction and comparison of side letter terms, MFN elections, and related document generation.
""ProVision has been a game-changer for our private funds group, fundamentally reinventing how we manage the side letter process." — Melissa Bender, co-lead of the private funds group, Ropes & Gray"
- Significance
- Medium
- Source type
- Vendor Announcement
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