Introducing LX Studio, the fresh subsidiary of our website, dedicated to fostering innovation
Norton Rose Fulbright Launches Innovation-Focused Subsidiary, LX Studio
Global law firm Norton Rose Fulbright has announced the launch of LX Studio, an innovation-driven US subsidiary focused on accelerating legal innovation through technology and digital transformation.
The new subsidiary aims to provide clients with effective and efficient legal services that support their strategic business goals, particularly in managing and exploiting intellectual property and navigating legal risks in new markets and technologies. LX Studio will achieve this by combining deep legal expertise with advanced technological tools to offer multidisciplinary advice, practical risk mitigation, and business-minded legal solutions.
According to Gina Shishima, the Chief Strategy and Operations Partner, LX Studio allows the firm to capitalize on its tremendous resources and innovative focus. The subsidiary will house some of the firm's existing technology products, including the award-winning privacy compliance tool suite NT Analyzer.
Christy Bentz, the Chief Client Value & Innovation Officer, emphasizes the importance of meeting clients where they are. LX Studio provides a platform for more intentional collaboration with clients on the 'how' of legal service delivery. Through innovation, LX Studio helps clients advance their business imperatives while managing complexity and reducing costs in legal services delivery.
The strategic goals of LX Studio, as expressed by Gina Shishima and Christy Bentz, seem to prioritize client-centric innovation and collaboration. The subsidiary aims to offer innovative, personalized, and collaborative legal services. It will collaborate with legal technology companies and alternative legal services providers, and may partner with or invest in novel technologies and offerings.
LX Studio is part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform. The subsidiary will also focus on legal operations solutions for corporate legal departments. Its business is built around the idea of giving clients more than just legal advice, also problem-solving capabilities.
In a statement, Jeff Cody, the US Managing Partner, stated that LX Studio's focus is to provide innovative solutions. Both Gina Shishima and Christy Bentz underscore the importance of LX Studio in adapting to the evolving needs and expectations of clients in the legal industry. LX Studio further positions Norton Rose Fulbright's website to build, co-develop, and partner with clients on personalized service solutions.
[1] Norton Rose Fulbright, Press Release: Norton Rose Fulbright Launches LX Studio
[3] Legaltech News, Norton Rose Fulbright Launches LX Studio to Accelerate Legal Innovation
- The new subsidiary, LX Studio, being part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform, aims to collaborate with legal technology companies and alternative legal services providers in order to offer innovative, personalized, and collaborative legal services, focusing on both finance and business by providing practical risk mitigation, multidisciplinary advice, and business-minded legal solutions.
- By combining deep legal expertise with advanced technological tools, LX Studio, a business unit of Norton Rose Fulbright, will offer clients effective and efficient legal services that support their strategic goals, particularly in managing and exploiting intellectual property and navigating legal risks in new markets and technologies, thereby leveraging technology to provide finance-focused, forward-thinking solutions.
