Debut of innovation-centric subsidiary, LX Studio, on our site's platform
Norton Rose Fulbright Launches Innovation-Focused Subsidiary, LX Studio
In a bid to meet clients where they are, global law firm Norton Rose Fulbright has launched LX Studio, an innovation-focused US subsidiary. The new entity aims to accelerate legal innovation, leveraging technology and digital transformation to improve legal services, and aligning with clients’ business goals [1].
LX Studio is part of Norton Rose Fulbright’s global innovation and service delivery program, NRF Transform. The subsidiary is dedicated to using technology and innovation as core enablers for delivering legal services better and faster [1].
Christy Bentz, the Chief Client Value & Innovation Officer, further stated that LX Studio provides the platform to more intentionally collaborate with clients on the ‘how’ of legal service delivery. It focuses on supporting clients in achieving their legal and business objectives in the most efficient way possible [1].
The subsidiary will collaborate with legal technology companies and alternative legal services providers. It will also develop products and services for use by Norton Rose Fulbright’s lawyers and clients [1]. LX Studio may partner with or invest in novel technologies and alternative legal services offerings, but specific investments or partnerships were not mentioned [1].
Gina Shishima, the Chief Strategy and Operations Partner, stated that LX Studio allows Norton Rose Fulbright to capitalize on their tremendous resources and innovative focus. She also mentioned that the subsidiary will bring new opportunities to offer new and different services to support clients [1].
Jeff Cody, the US Managing Partner, reiterated that LX Studio’s focus is to provide innovative solutions for clients. He emphasized that LX Studio is a means to support clients in achieving their legal and business objectives in a more efficient manner [1].
It's worth noting that LX Studio acts as a catalyst within Norton Rose Fulbright’s innovation and technology initiatives, reflecting the firm’s commitment to using emerging technologies in the legal field [1]. The subsidiary is emphasized as a means to support clients through innovative legal solutions, IP strategy development, and risk mitigation associated with technology and new markets [1].
Norton Rose Fulbright has a culture of driving innovation and change in the legal space, making LX Studio a natural extension of their commitment to innovation and client service [1].
[1] Information sourced from official Norton Rose Fulbright press release.
- LX Studio, the innovation-focused subsidiary launched by Norton Rose Fulbright, is dedicated to using technology and innovation to improve legal services, aligning them with clients' business goals.
- The collaborations and investments made by LX Studio, such as partnering with legal technology companies and alternative legal services providers, demonstrate its commitment to enhancing finance and business operations through technology and innovation in the legal field.
