Launches innovation-centered spin-off, LX Studio, on our site
Norton Rose Fulbright, a global law firm, has taken a significant step forward in the legal industry by launching LX Studio, a US-based subsidiary focused on innovation and digitally-driven services.
At the heart of LX Studio's business is the provision of legal operations solutions for corporate legal departments. Gina Shishima, Chief Strategy and Operations Partner of Norton Rose Fulbright, believes that LX Studio will capitalize on the firm's tremendous resources and innovative focus, bringing new opportunities for offering new and different services to support clients.
Jeff Cody, US Managing Partner of Norton Rose Fulbright, has stated that LX Studio's focus is to provide innovative solutions for clients to achieve their legal and business objectives efficiently. This focus extends beyond traditional legal advice, as LX Studio aims to identify, develop, and invest in the best technology, helping clients put it to use quickly, effectively, and comprehensively.
Christy Bentz, Chief Client Value & Innovation Officer of Norton Rose Fulbright, wants to meet clients where they are and collaborate more intentionally with them on service solutions. She believes that LX Studio provides the platform for building, co-developing, and partnering with clients on personalized service solutions.
In line with this, LX Studio will collaborate with legal technology companies, alternative legal services providers, and develop products and services for the firm's lawyers and clients. This collaboration is designed to meet the evolving expectations of legal service delivery, as legal service delivery expectations continue to evolve, and LX Studio further positions the company to meet these evolving expectations.
LX Studio may partner with or invest in novel technologies and alternative legal services offerings to extend the firm's existing platform. This includes the award-winning privacy compliance tool suite, NT Analyzer, which will be part of LX Studio as part of Norton Rose Fulbright's global innovation and service delivery program, NRF Transform.
NRF Transform is a culture of driving innovation and change in the legal space, and LX Studio will be a significant part of this global program. By focusing on innovation and client value rather than solely providing standard legal counsel, LX Studio helps clients rethink legal processes and unlock new opportunities in dynamic and changing markets.
Our clients want more than just legal advice; they want problem-solving capabilities. LX Studio is built to provide this, offering a unique approach that involves a deeper analysis of client challenges, exploring proactive strategies and technological solutions to deliver more effective, forward-looking legal support that integrates business objectives and market dynamics.
In a world where businesses are increasingly complex and dynamic, LX Studio is poised to provide the innovative solutions needed to navigate the challenges of mergers and acquisitions (M&A) and other transformative business activities. With its focus on client value, strategic assessment, and technological innovation, LX Studio is set to revolutionize the legal industry.
- Gina Shishima, Chief Strategy and Operations Partner of Norton Rose Fulbright, anticipates that LX Studio will leverage technology to offer new and different finance-related legal services that support clients.
- LX Studio's collaborations with legal technology companies and alternative legal services providers will involve investment in technologies and services to improve business operations and technology-driven legal solutions.
