Unveiling of LX Studio, the innovation-centric branch of our website
Norton Rose Fulbright Launches Innovation-Focused Subsidiary, LX Studio
Norton Rose Fulbright, a global law firm, has announced the launch of LX Studio, a US-based subsidiary dedicated to accelerating legal innovation through technology and digital transformation.
LX Studio will serve as the innovation engine within Norton Rose Fulbright, using creative, technology-driven approaches to support clients in navigating complex legal challenges, protecting intangible assets, and managing disputes.
According to Christy Bentz, the Chief Client Value & Innovation Officer of Norton Rose Fulbright, LX Studio provides the platform for more intentional collaboration with clients on the 'how' of legal service delivery. This focus on collaboration is crucial, as Bentz emphasized the importance of collaboration with clients in the 'how' of legal service delivery.
LX Studio's business model revolves around giving clients more, including innovative solutions and comprehensive problem-solving capabilities. It aims to identify, develop, and invest in the best technology, helping clients put it to use quickly, effectively, and comprehensively.
The subsidiary will be home to Norton Rose Fulbright's award-winning privacy compliance tool suite, NT Analyzer. LX Studio's business includes developing, collaborating, partnering, and investing in technologies to extend Norton Rose Fulbright's existing platform.
While specific technologies, investments, products, and services that LX Studio will develop or the industries it will target were not mentioned, it is clear that LX Studio will allow Norton Rose Fulbright to more intentionally collaborate with clients on personalized service solutions. This collaboration will extend to legal technology companies, alternative legal services providers, and may include partnerships or investments in novel technologies.
Jeff Cody, Norton Rose Fulbright's US Managing Partner, stated that LX Studio's focus is to provide innovative solutions that enable clients to achieve their legal and business objectives efficiently. Gina Shishima, the Chief Strategy and Operations Partner, added that the initiative will offer new opportunities, allowing the company to capitalize on its resources and innovative focus, bringing new opportunities to offer new and different services to support clients.
LX Studio's work is aligned with broader firm sectors such as intellectual property, litigation and disputes, where it leverages technology to accelerate processes, risk analysis, case management, and strategic advice. Thus, LX Studio is focused on creating innovative legal solutions that complement Norton Rose Fulbright’s deep sector-based expertise across industries like technology, life sciences, financial institutions, and more.
In essence, LX Studio is poised to evolve legal service delivery expectations, further positioning Norton Rose Fulbright to build, co-develop, and partner with clients on personalized service solutions. Clients want not only legal advice but also problem-solving capabilities, which LX Studio is built to provide.
[1] Norton Rose Fulbright. (n.d.). LX Studio. Retrieved from https://www.nortonrosefulbright.com/en-gb/insights/25-january-2021/lx-studio-accelerating-legal-innovation-through-technology-and-digital-transformation
[2] Law.com. (2021, January 25). Norton Rose Fulbright Launches Innovation-Focused Subsidiary LX Studio. Retrieved from https://www.law.com/legaltechnews/2021/01/25/norton-rose-fulbright-launches-innovation-focused-subsidiary-lx-studio/
- LX Studio's focus on collaboration with clients, legal technology companies, and alternative legal services providers is intended to provide innovative solutions that cater to the legal and business objectives of clients within various industries, such as technology, life sciences, financial institutions, and more.
- By leveraging technology to offer problem-solving capabilities, LX Studio aims to accelerate processes, risk analysis, case management, and strategic advice in sectors like intellectual property and litigation, positioning Norton Rose Fulbright to create personalized service solutions and meet the evolving expectations of clients in the industry, finance, business, and technology sectors.
