Unveils the debut of innovation-centered subsidiary, LX Studio, on our website
Norton Rose Fulbright Launches Innovation-Focused Subsidiary, LX Studio
Global law firm Norton Rose Fulbright has announced the launch of LX Studio, a new US subsidiary dedicated to providing innovative solutions that help clients achieve their legal and business objectives more efficiently.
According to Jeff Cody, the firm's US Managing Partner, LX Studio will house some of Norton Rose Fulbright's existing technology products, including the award-winning privacy compliance tool suite, NT Analyzer. The subsidiary is designed to collaborate with clients on the 'how' of legal service delivery, aiming to provide problem-solving capabilities beyond traditional legal advice.
LX Studio will also collaborate with legal technology companies, alternative legal services providers, and may partner with or invest in novel technologies. Gina Shishima, the firm's Chief Strategy and Operations Partner, emphasizes that LX Studio allows the firm to capitalize on its resources and innovative focus, giving clients more by building an entire business around problem-solving and innovation.
Christy Bentz, the Chief Client Value & Innovation Officer, states that LX Studio provides a platform for more intentional collaboration with clients. It aims to identify, develop, and invest in the best technology, helping clients put it to use quickly, effectively, and comprehensively. LX Studio's focus remains on meeting clients' needs and evolving with the business and practice of law.
The subsidiary will develop products and services for the firm's lawyers and clients, including legal operations solutions for corporate legal departments. LX Studio will be part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform.
While specific details and objectives behind the launch of LX Studio are not fully detailed, it can be inferred that the subsidiary was established to handle innovation or technology-focused initiatives, likely aiming to integrate or develop legal technology solutions. LX Studio will be positioned to build, co-develop, and partner with clients on personalized service solutions, further positioning the firm to meet clients where they are as legal service delivery expectations continue to evolve.
LX Studio will be part of Norton Rose Fulbright's global network, bringing new opportunities to offer new and different services to support clients. The subsidiary will be an integral part of the firm's commitment to delivering exceptional client service and driving innovation in the legal industry.
[1] Source: Law360
- The new US subsidiary, LX Studio, will collaborate with legal technology companies, aiming to provide innovative solutions in the business and finance sectors, especially focusing on legal service delivery in the industry.
- LX Studio, part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform, will develop products and services, integrating or developing legal technology solutions to meet clients' needs and remain evolving with the practice of law.
