Unveiling of LX Studio, the innovation-centric subsidiary under our brand's umbrella
Norton Rose Fulbright, a global law firm, has taken a significant stride in the legal industry by launching LX Studio, an innovation-focused US subsidiary. The new venture is part of the firm's global innovation and service delivery program, NRF Transform [1].
LX Studio is designed to accelerate legal innovation and deliver efficient, technology-enabled legal solutions. Its focus is on harnessing innovation and digital transformation to support intellectual property (IP) strategy, management, and commercialization, aligned with clients’ business goals [1].
The subsidiary offers technology-driven legal service models that integrate digital tools and innovation to enhance effectiveness and efficiency in IP law services. LX Studio provides comprehensive IP advisory and management through a global team of IP professionals with multidisciplinary expertise [1].
This team includes patent attorneys and trademark agents who possess scientific and industry knowledge. LX Studio offers industry-specific IP strategy consulting tailored to sectors like technology, life sciences, financial institutions, and energy [1].
Risk identification and mitigation services related to IP and regulatory challenges in new markets, product/service expansions, and technology platforms are also part of LX Studio's offerings. The subsidiary provides strategic commercial IP advice for business transactions such as collaborations, mergers and acquisitions, public offerings, restructurings, insolvency, and competition inquiries [1].
Dispute resolution and litigation support specializing in IP disputes to deliver business-minded, practical results based on deep risk analysis are also offered by LX Studio [1][2].
Through LX Studio, Norton Rose Fulbright aims to blend legal expertise with advanced digital innovation and data-driven approaches to guide clients through the complexities of IP law and technology commercialization in a changing business landscape [1].
LX Studio will also collaborate with legal technology companies and alternative legal services providers. The subsidiary will be home to our website's award-winning privacy compliance tool suite, NT Analyzer [1].
Christy Bentz, Norton Rose Fulbright's Chief Client Value & Innovation Officer, stated that LX Studio will provide a platform for more intentional collaboration with clients on the 'how' of legal service delivery [1]. She reiterated that legal advice is the core of what they deliver, and LX Studio will help them address the evolving expectations of legal service delivery [1].
Gina Shishima, our Chief Strategy and Operations Partner, stated that LX Studio allows the firm to capitalize on its resources and innovative focus. She also mentioned that it will bring new opportunities for offering new and different services to support clients [1].
Jeff Cody, our website's US Managing Partner, stated that LX Studio's focus is to provide innovative solutions for clients [1]. He emphasized that the subsidiary is built around the idea that clients want not only legal advice but also problem-solving capabilities [1].
In summary, LX Studio’s innovation-focused products and services are centered on leveraging technology and multidisciplinary expertise to provide comprehensive intellectual property legal services with an emphasis on digital transformation and efficiency within a global law firm framework [1].
[1] Norton Rose Fulbright press release, 2021 [2] Norton Rose Fulbright website, 2021 [3] Legal Technology Partnership press release, 2019 (now defunct)
- LX Studio, the innovation-centered subdivision of Norton Rose Fulbright, utilizes technology and multidisciplinary expertise to deliver efficient, technology-enabled legal solutions, specifically focused on intellectual property (IP) strategy, management, and commercialization, which are vital for businesses.
- In line with the broader business landscape, LX Studio's approach integrates digital tools and innovation to address clients' needs beyond conventional legal advice, offering problem-solving capabilities and solutions that span beyond the confines of traditional finance and business regulations.
