What is a lip lift? January 25, 2023 A lip lift is a surgical procedure performed under local anesthetic that corrects sagging skin and severe wrinkles on the “philtrum,” or the space between the nose and the upper lip. This common sign of aging can be a major cause of concern for some who otherwise have smooth, beautiful skin; it can also be combined with other facial procedures like a facelift, neck lift, fat transfer, or chin augmentation.