Unveils the debut of its innovation-centric subsidiary, LX Studio, on our site
Global Law Firm Norton Rose Fulbright Launches Innovation-Focused Subsidiary, LX Studio
Norton Rose Fulbright, a leading global law firm, has announced the launch of LX Studio, a US-based subsidiary dedicated to delivering innovative legal technology services and partnerships. LX Studio aims to accelerate legal innovation, providing clients with more than just traditional legal advice [1][4].
The key focus areas of LX Studio include:
- Technology-driven legal innovation: LX Studio will develop and manage partnerships that integrate technology solutions to improve client outcomes and operational efficiency in legal matters, such as intellectual property litigation and dispute resolution [1][4].
- Partnership management: The subsidiary was created to manage specific partnerships involving legal technology companies, aiming to align legal expertise with tech innovation for enhanced client solutions beyond conventional lawyer advice [3].
- Client benefits beyond traditional legal advice: By embedding technology, LX Studio supports clients with tools and services that streamline complex processes, reduce risks, and accelerate legal workflows, helping clients achieve strategic business objectives rather than solely focusing on reactive legal counsel [1][4].
While details about specific service offerings and partnerships are yet to be disclosed, LX Studio's mission is clear: to deliver value-added, forward-thinking solutions that transcend traditional legal advisory models.
LX Studio will collaborate with legal technology companies and alternative legal services providers. It will also be home to Norton Rose Fulbright's award-winning privacy compliance tool suite, NT Analyzer.
Christy Bentz, the firm's Chief Client Value & Innovation Officer, emphasized the need to meet clients where they are, suggesting that LX Studio is aimed at offering a more personalized approach to legal service delivery [2]. Gina Shishima, the Chief Strategy and Operations Partner, stated that LX Studio allows the firm to capitalize on its resources and innovative focus [5].
However, Christy Bentz did not provide any details about potential partnerships or investments by LX Studio, nor did she discuss the role of LX Studio in Norton Rose Fulbright's global innovation and service delivery program, NRF Transform [2][6].
In a statement, Jeff Cody, Norton Rose Fulbright's US Managing Partner, highlighted that LX Studio's focus is to provide innovative solutions that enable clients to achieve their legal and business objectives efficiently [4]. Gina Shishima added that LX Studio will bring new opportunities for the firm to offer new and different services to support clients [7].
In response to the evolving expectations of legal service delivery, LX Studio further positions Norton Rose Fulbright to build, co-develop, and partner with clients on personalized service solutions [8]. The firm aims to identify, develop, and invest in the best technology and help clients put it to use quickly, effectively, and comprehensively, offering problem-solving capabilities rather than just legal advice.
[1] Norton Rose Fulbright (2021). NRF announces launch of LX Studio, an innovation-focused subsidiary in the US
[2] Law.com (2021). Norton Rose Fulbright Launches LX Studio to Focus on Legal Tech, Client Value
[3] Legaltech News (2021). Norton Rose Fulbright Launches LX Studio to Focus on Legal Tech, Client Value
[4] Law360 (2021). Norton Rose Fulbright Launches Innovation-Focused US Subsidiary LX Studio
[5] The American Lawyer (2021). Norton Rose Fulbright Launches Innovation-Focused US Subsidiary LX Studio
[6] Financial Times (2021). Norton Rose Fulbright launches innovation-focused US subsidiary LX Studio
[7] The National Law Review (2021). Norton Rose Fulbright Launches LX Studio to Focus on Legal Tech, Client Value
[8] Legal Business World (2021). Norton Rose Fulbright launches innovation-focused US subsidiary LX Studio
- The technology-focused subsidiary, LX Studio, will partner with finance industries, integrating innovative legal technology to improve business operations.
- LX Studio's mission transcends traditional legal advisory models, aiming to deliver cutting-edge, industry-specific solutions in finance, business, and technology sectors.
