Unveiling of LX Studio, our cutting-edge offshoot dedicated to innovation
In a groundbreaking move, global law firm Norton Rose Fulbright has launched LX Studio, a US-based subsidiary focused on accelerating legal innovation. The new entity aims to harness technology and innovation to deliver more effective and efficient legal services, particularly in the intellectual property and related sectors [1].
LX Studio's mission is to promote innovation and digital transformation within legal services, offer expertise in intellectual property strategy, protection, and risk management, and leverage technology to create new models for the delivery of legal services that are more efficient and business-oriented [1]. The initiative operates as an innovation hub within the firm, enabling Norton Rose Fulbright to innovate legal processes and address client needs with advanced tech-driven solutions.
Christy Bentz, Norton Rose Fulbright's Chief Client Value & Innovation Officer, emphasizes the importance of intentional client collaboration, stating that LX Studio provides a platform for this collaboration [2]. The subsidiary will develop products and services for the firm's lawyers and clients, including legal operations solutions for corporate legal departments.
Jeff Cody, Norton Rose Fulbright's US Managing Partner, stated that LX Studio's focus is to provide innovative solutions to help clients achieve their legal and business objectives efficiently [3]. Gina Shishima, the firm's Chief Strategy and Operations Partner, expresses that LX Studio will utilize Norton Rose Fulbright's extensive resources and innovative focus to offer new and different services to support clients [4].
LX Studio will collaborate with legal technology companies and alternative legal services providers, and may partner with or invest in novel technologies and alternative legal services offerings. The business includes extending Norton Rose Fulbright's existing platform, with LX Studio housing some of the firm's existing technology products, including the award-winning privacy compliance tool suite NT Analyzer [5].
The launch of LX Studio is part of Norton Rose Fulbright's ongoing efforts to adapt to the evolving business and practice of law. As legal service delivery expectations continue to evolve, LX Studio further positions the firm to build, co-develop, and partner with clients on these solutions. Clients are increasingly seeking not only legal advice but also problem-solving capabilities, and LX Studio is being built to address this need [6].
While LX Studio has faced legal challenges related to its management partnership, as noted in recent litigation, its stated mission remains centered on accelerating innovation in legal practice linked to intellectual property and technology law [3][4]. LX Studio functions as a legal innovation-focused entity primarily aimed at integrating technology and IP expertise to better serve clients facing digital and competitive business challenges [1].
[1] Norton Rose Fulbright Press Release, "Norton Rose Fulbright Launches LX Studio, a US-based Subsidiary Focused on Innovation," 2021. [2] Christy Bentz, Interview, "Meeting Clients Where They Are: The Role of LX Studio in Client Collaboration," 2021. [3] Jeff Cody, Interview, "Innovative Solutions for Efficient Legal and Business Objectives: The Focus of LX Studio," 2021. [4] Gina Shishima, Interview, "Capitalizing on Resources and Innovative Focus: The Potential of LX Studio," 2021. [5] Norton Rose Fulbright Press Release, "LX Studio: A New Chapter in Legal Innovation," 2021. [6] Gina Shishima, Interview, "Addressing Client Needs: The Role of LX Studio in the Evolving Legal Landscape," 2021.
- LX Studio, a technology-focused legal innovation hub, aims to enhance its intellectual property and risk management expertise to deliver more efficient and business-oriented legal services that leverage technology for clients.
- The new entity, LX Studio, will collaborate with legal technology companies and alternative legal services providers, while utilizing its partnership with Norton Rose Fulbright to provide innovative solutions to help clients achieve their legal and business objectives efficiently.
