Norton Rose Fulbright's office in Washington, D.C. Photo: Diego M. Radzinschi/ALM Norton Rose Fulbright Unveils Innovation-Focused Subsidiary
"We looked less at the competition and more at creating the model as we wanted it to be," partner Daniel Farris said of the new unit, titled LX Studio.
June 01, 2022 at 05:52 PM
3 minute read
Innovation
The original version of this story was published on The American Lawyer
Norton Rose Fulbright announced the launch of a legal tech subsidiary Wednesday, several months after teasing a fresh commitment to new models for legal service delivery as part of its move into Chicago.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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