Unveils the debut of innovation-driven subsidiary, LX Studio, on our platform
Norton Rose Fulbright's US Subsidiary, LX Studio, Embraces Innovation and Client-Centric Solutions
Norton Rose Fulbright, a global law firm, has launched LX Studio, a US-based subsidiary focused on innovation and digitally-driven legal services. The new venture aims to accelerate legal innovation and enhance the delivery of legal services through new approaches and technologies.
According to Gina Shishima, the Chief Strategy and Operations Partner of Norton Rose Fulbright, LX Studio allows the company to capitalize on its resources and innovative focus. The subsidiary will provide a range of services that integrate advanced legal technology, strategic advice, and business solutions to address complex legal challenges.
Christy Bentz, the Chief Client Value & Innovation Officer, emphasized the importance of meeting clients where they are. LX Studio will help clients identify, develop, and quickly implement the best technology to solve their problems, providing more than just legal advice.
The services offered by LX Studio will include legal operations solutions for corporate legal departments. The business venture will collaborate with legal technology companies, alternative legal services providers, and may partner with or invest in novel technologies. However, no new information about specific collaborations or investments was provided.
LX Studio will also house some of Norton Rose Fulbright's existing technology products, including the award-winning privacy compliance tool suite, NT Analyzer. The subsidiary will develop products and services for use by the firm's lawyers and clients, but no new information about the creation or purpose of these products was provided.
Jeff Cody, the US Managing Partner, stated that LX Studio's aim is to provide innovative solutions for clients to achieve their legal and business objectives efficiently. Christy Bentz further stated that LX Studio provides a platform for more intentional collaboration with clients on the 'how' of legal service delivery.
Gina Shishima mentioned that LX Studio will bring new opportunities for offering new and different services to support clients. She also highlighted that LX Studio further positions Norton Rose Fulbright to build, co-develop, and partner with clients on personalized service solutions, as legal service delivery expectations continue to evolve.
LX Studio's services will span across various sectors, including financial institutions, energy, technology, and healthcare, supporting clients with digital tools, regulatory insight, and strategic consulting to meet evolving business needs. The subsidiary will collaborate closely with Norton Rose Fulbright's global legal teams, leveraging cross-border experience and multidisciplinary expertise to develop practical, commercial, and creative legal innovations aimed at reducing costs and managing risks effectively.
LX Studio will be part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform. However, no new information about LX Studio's role in this program was provided.
In conclusion, LX Studio, the US subsidiary of Norton Rose Fulbright, is set to revolutionize the legal industry by providing innovative solutions that cater to clients' evolving needs. The subsidiary will leverage advanced legal technology, strategic advice, and business solutions to address complex legal challenges and help clients achieve their legal and business objectives efficiently.
The services provided by LX Studio will be applied across various industries such as finance, technology, and healthcare, using advanced legal technology to cater to clients' unique needs. Through strategic advice and business solutions, LX Studio aims to revolutionize the legal industry and help clients achieve their legal and business objectives efficiently.