Unveiling of innovation-centric spin-off, LX Studio, under our brand
Norton Rose Fulbright, a leading global law firm, has announced the launch of LX Studio, a US-based subsidiary dedicated to accelerating legal innovation and embedding new technologies in legal services. The new entity aims to provide bespoke legal technology solutions and innovations, improving legal service delivery for clients.
LX Studio operates as a multidisciplinary team, bringing together legal, commercial, tax, employment, and IP professionals to offer comprehensive technology-related legal advice. The team also includes specialists in technology law and intellectual property, working on transactions involving tech products and innovations.
One of the key aspects of LX Studio's offerings is legal innovation acceleration. The subsidiary focuses on advancing and integrating innovative technologies within the legal sector to enhance efficiency and client service. This focus is evident in the legal services provided for tech-related deals, as demonstrated by Norton Rose Fulbright's advisory on a strategic tech transaction involving Sunrise Medical and Concourse technologies.
LX Studio's business model is built around the idea of giving clients more innovative solutions. It aims to identify, develop, and invest in the best technology and help clients put it to use quickly, effectively, and comprehensively. The subsidiary will house some of the firm's existing technology products, including the award-winning privacy compliance tool suite, NT Analyzer.
Christy Bentz, the Chief Client Value & Innovation Officer, emphasizes that LX Studio provides a platform for more intentional client collaboration on the 'how' of legal service delivery. She states that LX Studio is designed to collaborate more intentionally with clients on the 'how' of legal service delivery, positioning the firm to build, codevelop, and partner with clients on personalized service solutions.
Jeff Cody, US Managing Partner of the firm, reiterates this focus, stating that LX Studio's focus is to provide innovative solutions that enable clients to achieve their legal and business objectives efficiently. He further adds that the subsidiary is intended to support clients by offering new and different services.
Gina Shishima, the Chief Strategy and Operations Partner, expresses that LX Studio allows for capitalizing on the firm's resources and innovative focus, bringing new opportunities to offer different services to support clients. She implies that LX Studio will offer new opportunities for the firm.
LX Studio will be part of the global innovation and service delivery program, NRF Transform. This program is designed to meet clients where they are in terms of legal service delivery expectations, ensuring that LX Studio's offerings are tailored to each client's specific needs.
While the specific technologies LX Studio employs or develops are not detailed explicitly in available sources, its role as an innovation hub suggests involvement with legal tech tools, digital transformation solutions, and intellectual property management tools supporting the firm’s broader legal practice.
In summary, LX Studio provides innovation-driven legal services, focusing on the integration of emerging technologies and multidisciplinary expertise to support complex, technology-enabled legal transactions and solutions within Norton Rose Fulbright’s global practice. The subsidiary is a significant step forward in the firm's strategy to offer clients more than just legal advice, but also problem-solving capabilities.
- The multidisciplinary team at LX Studio, which includes legal, commercial, tax, employment, and IP professionals, offers comprehensive technology-related legal advice, helping clients navigate business transactions involving technology products and innovations.
- As part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform, LX Studio aims to capitalize on emerging technologies and multidisciplinary expertise to deliver personalized, innovation-driven legal solutions, not just legal advice, to clients.
