Unveiling a fresh venture: LX Studio, a subsidiary zeroing in on innovation, now officially live on our site.
Global Law Firm Norton Rose Fulbright Launches Innovative Subsidiary, LX Studio
Norton Rose Fulbright, a leading global law firm, has launched LX Studio, a US-based subsidiary focused on legal innovation and digitally-driven service strategies. The new venture aims to go beyond traditional legal advice, providing clients with innovative strategies, tools, and technology to manage and exploit intellectual property (IP) and intangible assets effectively [1].
Christy Bentz, the Chief Client Value & Innovation Officer of Norton Rose Fulbright, explained that LX Studio is designed to support the firm in providing personalized service solutions to clients. It will be home to the award-winning privacy compliance tool suite, NT Analyzer, and will develop products and services for use by the firm's lawyers and clients, including legal operations solutions for corporate legal departments [2].
Jeff Cody, the US Managing Partner of Norton Rose Fulbright, stated that LX Studio's focus is to provide innovative solutions for clients to achieve legal and business objectives efficiently. Gina Shishima, the Chief Strategy and Operations Partner, expressed that LX Studio allows the firm to capitalize on its innovative focus and tremendous resources [3].
LX Studio aims to identify, develop, and invest in the best technology, helping clients put it to use quickly, effectively, and comprehensively. It will collaborate with legal technology companies, alternative legal services providers, and may partner with or invest in novel technologies [1].
The new subsidiary will offer strategic IP advice tailored to specific industry sectors, helping clients navigate new markets, technologies, and regulatory environments. It will also help clients identify, protect, and manage intangible assets in ways that support their overall business strategies, including collaborations, mergers and acquisitions, and regulatory compliance [1].
LX Studio will enhance legal service delivery by using technology to provide clients with knowledge and tools that drive digital transformation within their operations. It will also provide multidisciplinary and business-minded solutions that address IP risks while advancing clients’ commercial objectives [1].
Christy Bentz emphasized the importance of meeting clients where they are and stated that LX Studio provides a platform for more intentional collaboration with clients on the 'how' of legal service delivery [4]. She also noted that legal service delivery expectations continue to evolve, and LX Studio further positions the firm to build, co-develop, and partner with clients on personalized service solutions [5].
LX Studio will be part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform [6]. Christy Bentz's comments underscore the importance of LX Studio in enabling the firm to offer innovative and personalized legal services to clients [7].
In summary, LX Studio’s innovation-centered approach integrates legal expertise with technological solutions to ensure clients receive more than just traditional legal counsel; it supports their long-term business and innovation strategies by efficiently leveraging intellectual property and digital tools [1].
[1] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies [2] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies [3] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies [4] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies [5] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies [6] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies [7] Norton Rose Fulbright. (2022). Norton Rose Fulbright launches LX Studio, a new subsidiary focused on legal innovation and digitally-driven service strategies. Retrieved from https://www.nortonrosefulbright.com/en-gb/news/norton-rose-fulbright-launches-lx-studio-a-new-subsidiary-focused-on-legal-innovation-and-digitally-driven-service-strategies
- The industry-focused approach of LX Studio aims to offer strategic IP advice that helps clients navigate various technologies and regulatory environments in their business operations.
- LX Studio's primary goal is to integrate legal expertise with technology, financing innovative solutions to help clients efficiently achieve their legal and business objectives, thereby contributing to the broader business sector.
