Unveiling of innovation-centric subsidiary, LX Studio, from our site
Global Law Firm Launches Innovation-Focused US Subsidiary, LX Studio
In a move to accelerate legal innovation and manage legal technology partnerships, global law firm Norton Rose Fulbright has launched LX Studio, its US-based subsidiary. LX Studio, as an innovation-focused entity, aims to build, co-develop, and partner with clients on personalized service solutions.
At the heart of LX Studio's operations is the management of partnerships with legal technology companies. While details of specific partnerships are limited, LX Studio is designed to facilitate collaboration between legal services and technology solutions, particularly around legal tech partnerships.
LX Studio also supports technology-related legal services. The firm has specialists advising on legal gaps in cloud, AI, and SaaS contracts, with leadership from LX Studio involved in strategic technology transaction counseling.
Gina Shishima, Chief Strategy and Operations Partner, expressed that LX Studio allows for capitalizing on tremendous resources and innovative focus. The new subsidiary will offer new and different services to support clients, according to Shishima.
LX Studio is part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform. It will develop products and services for use by our website's lawyers and clients. The goal is to give clients more than just legal advice; they want to provide problem-solving capabilities.
Christy Bentz, Chief Client Value & Innovation Officer, stated that LX Studio provides a platform for intentionally collaborating with clients on legal service delivery. Bentz emphasized that while legal advice is the core of what they deliver, LX Studio focuses on the 'how' of legal service delivery. LX Studio will be home to our website's award-winning privacy compliance tool suite, NT Analyzer.
Jeff Cody, our website's US Managing Partner, stated that LX Studio's focus is to provide innovative solutions for clients. LX Studio's goal is to identify, develop, and invest in the best technology to help clients solve their legal and business problems efficiently. It may partner with or invest in novel technologies and alternative legal services offerings.
According to Bentz, LX Studio is designed to meet clients where they are. It will collaborate with legal technology companies and alternative legal services providers. Bentz further positions our website to adapt to the evolving legal service delivery expectations.
LX Studio's business includes legal operations solutions for corporate legal departments. While no new facts about partnerships, investments, or products/services were mentioned, it is clear that LX Studio's services and offerings chiefly involve innovation management, tech partnerships, and accelerating the integration of technology into legal practice, rather than a portfolio of discrete products or standalone client-facing legal services.
- The innovation-focused LX Studio, a subsidiary of global law firm Norton Rose Fulbright, aims to facilitate collaboration between legal services and technology solutions, particularly around legal tech partnerships in the finance and business sectors, and also provides services related to technology-related legal services, such as cloud, AI, and SaaS contracts.
- LX Studio's primary focus is on identifying, developing, and investing in the best technology to help clients solve their legal and business problems efficiently, which may result in partnerships with or investments in novel technologies and alternative legal services offerings, and it also collaborates with legal technology companies to adapt to the evolving legal service delivery expectations in the industry.
