Launch of innovation-centered subsidiary, LX Studio, on our website
Norton Rose Fulbright, a global law firm, has announced the launch of LX Studio, a new US subsidiary focused on innovation and digitally-driven service strategies. This move is part of the firm's broader global innovation and service delivery program, NRF Transform.
LX Studio acts as a center for legal innovation within Norton Rose Fulbright, with a primary focus on digital transformation and modernizing legal service delivery. According to Christy Bentz, the firm's Chief Client Value & Innovation Officer, LX Studio is designed to facilitate more intentional collaboration on legal service delivery, aiming to build, co-develop, and partner with clients on personalized service solutions.
The subsidiary's mission is to provide innovative solutions that enable clients to achieve their legal and business objectives efficiently. Jeff Cody, the firm's website's US Managing Partner, reiterated this, stating that LX Studio will help the firm identify, develop, and invest in the best technology, enabling clients to utilize it quickly, effectively, and comprehensively.
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 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, believes that LX Studio allows the firm to capitalize on its resources and innovative focus, offering new and different services to support clients. LX Studio's business will include legal operations solutions for corporate legal departments, further positioning the firm to adapt to evolving legal service delivery expectations.
LX Studio is part of Norton Rose Fulbright’s broader innovation initiatives, chaired by key leaders including the firm's US Head of Patents, Eagle Robinson, who also leads the firm’s Innovation Committee. This highlights LX Studio’s role in fostering innovation in both legal practice and firm operations.
The subsidiary enables Norton Rose Fulbright to stay at the forefront of legal technology, supporting deals and projects that involve complex digital and infrastructure components. It works alongside the firm’s global legal teams to integrate innovative approaches in client engagements, as exemplified by their involvement in transactions like the renewable energy joint venture between Shell and Savion.
In summary, LX Studio is Norton Rose Fulbright’s dedicated innovation arm designed to accelerate the firm’s digital service capabilities and embed advanced technological solutions into its legal service strategy, thus advancing the firm’s competitive edge in a fast-evolving legal market. Although no detailed public financial or structural specifics of LX Studio were found, it is clear that this subsidiary is a significant step forward in the firm's commitment to innovation and client service.
- LX Studio, the digital transformation hub within Norton Rose Fulbright, aims to provide clients with innovative technology-enabled legal solutions to achieve their business objectives more efficiently.
- As part of its broader innovation initiatives, Norton Rose Fulbright plans to invest in various legal technology companies and alternative legal services, reinforcing its commitment to business innovation and the adoption of advanced technologies in legal practice.