Unveiling of LX Studio, our fresh subsidiary, geared towards cutting-edge innovation
Norton Rose Fulbright, a global law firm, has taken a significant step towards modernizing the legal industry by launching LX Studio, a US-based subsidiary focused on innovation and digitally-driven services [1]. LX Studio acts as an innovation hub within the firm, leveraging technology to transform legal processes and client services.
Christy Bentz, the Chief Client Value & Innovation Officer of Norton Rose Fulbright, stated that LX Studio provides a platform to more intentionally collaborate with clients on the 'how' of legal service delivery [2]. She reiterated that legal service delivery expectations continue to evolve, and LX Studio further positions the firm to adapt to these changes.
Jeff Cody, US Managing Partner of Norton Rose Fulbright, added that LX Studio aims to provide innovative solutions to help clients achieve their legal and business objectives efficiently [3]. The firm's clients, who seek not only legal advice but also problem-solving capabilities, are at the heart of LX Studio's mission.
LX Studio will help clients identify, develop, and invest in the best technology, and assist them in putting it to use quickly, effectively, and comprehensively [4]. It will collaborate with legal technology companies, alternative legal services providers, and may partner with or invest in novel technologies.
Gina Shishima, the Chief Strategy and Operations Partner of Norton Rose Fulbright, stated that LX Studio allows them to capitalize on their resources and innovative focus [5]. She mentioned that LX Studio will offer new and different services to support clients.
LX Studio is part of Norton Rose Fulbright's commitment to innovation and service delivery [6]. It will be home to some of the firm's existing technology products, including the award-winning privacy compliance tool suite, NT Analyzer [7]. LX Studio will also develop products and services for use by the law firm's lawyers and clients, including legal operations solutions for corporate legal departments.
Christy Bentz emphasized that LX Studio is designed to meet clients where they are and build, codevelop, and partner with them on personalized service solutions [8]. She noted that LX Studio is a response to the unending evolution of the business and practice of law.
In summary, LX Studio offers legal innovation services as a technology-enabled subsidiary specializing in advancing how legal services are delivered. Although specific products or unique offerings were not detailed in the provided information, the focus is on integrating legal expertise with technology-driven innovation to deliver legal advice with a strong emphasis on problem-solving capabilities.
[1] Source: Norton Rose Fulbright Press Release [2] Source: Norton Rose Fulbright Press Release [3] Source: Norton Rose Fulbright Press Release [4] Source: Norton Rose Fulbright Press Release [5] Source: Norton Rose Fulbright Press Release [6] Source: Norton Rose Fulbright Press Release [7] Source: Norton Rose Fulbright Press Release [8] Source: Norton Rose Fulbright Press Release
- The launch of LX Studio, a subsidiary of Norton Rose Fulbright, signifies a significant step towards modernizing the legal industry, as it focuses on using technology to drive innovation and digitally-driven services, thus influencing both the finance and business sectors.
- In line with its mission, LX Studio collaborates with legal technology companies, alternative legal services providers, and may even partner with or invest in novel technologies, demonstrating its strategic role in the intersection of the legal industry, finance, and technology.
