LX Studio, the cutting-edge subsidiary, is officially launched on our platform.
Norton Rose Fulbright Launches Innovation-Focused Subsidiary, LX Studio
Norton Rose Fulbright, a global law firm, has announced the launch of LX Studio, an innovation-focused US subsidiary. This new entity will be part of the firm's global innovation and service delivery program, NRF Transform [2].
Christy Bentz, Norton Rose Fulbright's Chief Client Value & Innovation Officer, explained that LX Studio provides a platform for more intentional collaboration with clients on the 'how' of legal service delivery [1]. The subsidiary is designed to build, co-develop, and partner with clients on personalized service solutions, aiming to meet clients where they are, focusing on the evolving expectations of legal service delivery [1].
LX Studio's business model extends the firm's existing platform, with a focus on providing innovative solutions for clients to achieve their legal and business objectives efficiently [4]. The subsidiary will identify, develop, and invest in the best technology, helping clients put it to use quickly, effectively, and comprehensively [5].
Gina Shishima, Norton Rose Fulbright's Chief Strategy and Operations Partner, stated that LX Studio allows the firm to capitalize on its resources and innovative focus [3]. LX Studio will house some of the firm's existing technology products, including the award-winning privacy compliance tool suite, NT Analyzer [6].
Jeff Cody, Norton Rose Fulbright's US Managing Partner, emphasized that LX Studio's focus is to provide innovative solutions for clients, going beyond traditional legal advice to offer problem-solving capabilities [4]. The subsidiary will collaborate with legal technology companies, alternative legal services providers, and may partner with or invest in novel technologies [1].
LX Studio will also develop products and services for use by the firm's lawyers and clients, including legal operations solutions for corporate legal departments [1]. The subsidiary's aim is to harness innovation as essential for the long-term success of companies and institutions, providing strategic tools and knowledge to help clients maximize their intellectual property and navigate risks related to IP rights, regulatory issues, and new technology platforms [1].
Gina Shishima added that LX Studio will bring new opportunities for the firm to offer new and different services to support clients [3]. The launch of LX Studio underscores Norton Rose Fulbright's commitment to delivering cutting-edge legal services, leveraging technology and digital transformation to meet the evolving needs of its clients.
[1] Norton Rose Fulbright press release: https://www.nortonrosefulbright.com/en/news/articles/2021/november/norton-rose-fulbright-launches-lx-studio-an-innovation-focused-us-subsidiary
[2] NRF Transform: https://www.nortonrosefulbright.com/en/services/cross-practice-groups/global-innovation-and-service-delivery-program/nrf-transform
[3] Law.com: https://www.law.com/legaltechnews/2021/11/18/norton-rose-fulbright-launches-us-subsidiary-lx-studio-to-focus-on-innovation-and-technology/
[4] Law360: https://www.law360.com/legaltechnews/articles/1420261/norton-rose-fulbright-launches-us-subsidiary-focused-on-innovation-and-tech
[5] The American Lawyer: https://www.law.com/theamericanlawyer/2021/11/16/norton-rose-fulbright-launches-us-subsidiary-to-focus-on-innovation-and-technology/
[6] NT Analyzer: https://www.nortonrosefulbright.com/en/services/cross-practice-groups/global-innovation-and-service-delivery-program/nt-analyzer
- Norton Rose Fulbright's LX Studio, a US-based subsidiary, aims to leverage technology to develop innovative solutions, focusing on effectively achieving clients' legal and business objectives.
- In addition to traditional legal advice, LX Studio collaborates with legal technology companies and alternative legal service providers, investing in the best technology to help clients utilize it efficiently and comprehensively.
