New subsidiary, LX Studio, debuts on our site, emphasizing innovations
Norton Rose Fulbright Launches Innovative Subsidiary, LX Studio
Norton Rose Fulbright, a global law firm, has taken a significant step forward in legal innovation by launching LX Studio, a US-based subsidiary focused on accelerating legal transformation through technology and digital solutions.
LX Studio is designed to deliver more effective and efficient legal services that align with clients' business goals and intellectual property strategies. The subsidiary will harness innovation and digital tools to help businesses manage intellectual property, navigate competitive and regulatory landscapes, and create strategic advantages.
The focus of LX Studio is to provide innovative solutions for clients to achieve their legal and business objectives efficiently. Jeff Cody, the US Managing Partner of Norton Rose Fulbright, underscores this point, stating that LX Studio's primary goal is to support clients in their quest for success.
Christy Bentz, the Chief Client Value & Innovation Officer of Norton Rose Fulbright, emphasizes the importance of meeting clients where they are. LX Studio, according to Bentz, is focused on delivering legal advice with a focus on problem-solving capabilities, as desired by clients.
LX Studio will collaborate with legal technology companies, alternative legal services providers, and may partner with or invest in novel technologies. This collaboration aims to identify, develop, and implement the best technology to help clients quickly, effectively, and comprehensively.
Gina Shishima, the Chief Strategy and Operations Partner of Norton Rose Fulbright, expresses that LX Studio allows for capitalization on tremendous resources and innovative focus. Shishima also mentions that it brings new opportunities for offering new and different services to support clients.
Christy Bentz further states that LX Studio provides a platform for more intentional collaboration with clients on the 'how' of legal service delivery. This collaboration is aimed at building, co-developing, and partnering with clients on personalized service solutions that meet their unique needs.
LX Studio will house Norton Rose Fulbright's award-winning privacy compliance tool suite, NT Analyzer. The subsidiary will also be part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform.
In conclusion, LX Studio exists to foster and implement innovation in legal services, advancing the long-term success of clients by integrating technology and strategic IP counsel within Norton Rose Fulbright's service offering. This move underscores Norton Rose Fulbright's commitment to staying at the forefront of legal innovation and delivering the best possible service to its clients.
[1] Source: Norton Rose Fulbright press release, https://www.nortonrosefulbright.com/en/news/articles/2021/november/norton-rose-fulbright-launches-lx-studio-to-accelerate-legal-innovation
[5] Source: Norton Rose Fulbright website, https://www.nortonrosefulbright.com/en/services/lx-studio
The launch of LX Studio, a new subsidiary by Norton Rose Fulbright, signifies a significant move in the finance and technology industries, as it aims to offer innovative solutions for businesses and intellectual property management, utilizing digital tools and strategic partnerships.
LX Studio's collaboration with various entities in the legal technology field will help it identify and Apply the most effective tools, ensuring comprehensive and efficient legal services for its clients, thereby aligning with the firm's commitment to legal and business innovation.
