Unveils the debut of innovation-centric offshoot, LX Studio, under our website's brand
Norton Rose Fulbright, a global law firm, has announced the launch of LX Studio, an innovation-focused subsidiary based in the United States. The new entity is part of the firm's global innovation and service delivery program, NRF Transform [1].
LX Studio's primary focus is on accelerating legal innovation by harnessing technology and digital transformation to improve legal service delivery [1]. The purpose of LX Studio is to drive effective and efficient legal service delivery through technology and innovation, ultimately benefiting clients by enabling faster, smarter, and more business-minded legal solutions [1].
Specifically, LX Studio aims to:
- Utilize technology to enhance the delivery of intellectual property and other legal services.
- Support clients in navigating complex legal and regulatory challenges more effectively.
- Provide innovative tools and strategies that align with clients’ business goals and market realities.
- Enable practical, commercially oriented legal advice that reduces risks and maximizes opportunity [1].
Jeff Cody, the US Managing Partner of Norton Rose Fulbright, stated that LX Studio's focus is on providing innovative solutions [1]. Gina Shishima, the Chief Strategy and Operations Partner, emphasized that LX Studio will utilize the company's extensive resources and innovative focus to bring new opportunities and services to support clients [1].
Christy Bentz, the Chief Client Value & Innovation Officer, expressed the desire to collaborate more intentionally with clients through LX Studio, focusing on personalized service solutions that align with evolving legal service delivery expectations [1]. She also highlighted that LX Studio provides a platform for more intentional collaboration with clients, focusing on the 'how' of legal service delivery, in addition to the core 'what' of legal advice [1].
LX Studio may partner with or invest in novel technologies and alternative legal services offerings. It will also be home to Norton Rose Fulbright's award-winning privacy compliance tool suite, NT Analyzer [1]. The business will include legal operations solutions for corporate legal departments.
Both Shishima and Bentz stressed the importance of LX Studio in supporting clients and meeting their evolving legal service delivery expectations [1]. They also emphasized that LX Studio is designed to be adaptable and responsive to client needs, aiming to meet clients where they are [1]. Gina Shishima further emphasized that LX Studio allows Norton Rose Fulbright to capitalize on the unending evolution of the business and practice of law [1].
In summary, LX Studio acts as a hub to integrate legal expertise with innovation, allowing Norton Rose Fulbright to improve client outcomes by transforming traditional legal processes through technology. This enhances efficiency, reduces legal risk, and aligns legal strategies closely with evolving business demands [1]. LX Studio aims to enable clients to achieve their legal and business objectives efficiently.
[1] Norton Rose Fulbright Press Release, "Norton Rose Fulbright Launches LX Studio to Accelerate Legal Innovation," 23 March 2022. Accessed 24 March 2022. https://www.nortonrosefulbright.com/en-gb/news/press-releases/norton-rose-fulbright-launches-lx-studio-to-accelerate-legal-innovation
The newly launched LX Studio, a subsidiary of Norton Rose Fulbright, is committed to driving legal innovation by leveraging technology and digital transformation in business operations, improving legal service delivery. LX Studio will utilize technology to deliver more effective and efficient legal solutions that align with clients' business goals, reducing risks and maximizing opportunities.
