Norton Rose Fulbright has strengthened its position in legal technology by expanding its internal research and development team as part of a broader strategy launched in 2025 across Europe, the Middle East, and Asia-Pacific. This initiative aims to integrate product design, led by lawyers with input from clients, alongside a dedicated technology and commercialisation group.
The firm has already introduced several financial and regulatory technology products and established a partnership with SC Ventures, the innovation and investment arm of Standard Chartered bank. Together, they are developing an AI-driven regulatory compliance platform intended to operate as an independent company.
Norton Rose Fulbright attributes significant growth in its global revenue and profit per equity partner in 2025 partly to these new technology-driven revenue streams and enhanced client engagement.
Among other firms recognized for innovation in the legal sector, Linklaters launched its “applied intelligence” practice group in May 2025, combining data scientists and lawyers to create tailored solutions for clients facing complex data challenges. This initiative earned the firm a high commendation.
Hogan Lovells and Cadwalader introduced Connect, a managed alliance comprising over 500 partner firms, enabling service delivery in jurisdictions where they lack offices. This network, launched in 2025, facilitates broader client coverage.
Capital Law debuted New North Litigation Capital in 2025, backed by Pollen Street Capital, offering litigation funding for mid-market claims valued between £500,000 and £30 million. Potential claims undergo assessment by the firm’s partners before funding is approved.
Spanish firm Ecija formed a new division in 2025 that combines legal operations, digital transformation consulting, and cryptocurrency advisory. This unit consists of lawyers, engineers, and consultants, with remuneration tied to leadership roles in technology initiatives and revenue generation.
These developments underscore a growing trend among law firms to leverage technology and cross-disciplinary teams to enhance service offerings and generate new revenue sources.