Bitcoin Technology Will Revolutionize Practice of Law
Yes, you read it correctly! Apart from the widely-known applications in financial and payments industry, Bitcoin technology has the potential to transform the 'Practice of Law.' Practice of Law generally refers to lawyers giving legal advice to clients, drafting legal documents for clients, and representing clients in legal negotiations and court proceedings such as lawsuits. Notably, it also implies that those law firms and lawyers who are appreciative of the true potential of the Bitcoin technology will definitely gain a decisive advantage over their disinterested peers. Bitcoin and Law....
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Steptoe and Johnson, the leading international law firm has included multidisciplinary blockchain practice. The increasing adoption of Bitcoin and Blockchain technology is forcing businesses to evolve. Many businesses have started exploring the potential use of blockchain technology in their operations. As they prepare for a drastic shift from conventional practices, there are many legal implications that need to be considered. To keep up with the changing requirements of its clients, Steptoe and Johnson has announced a shift in its practice as well. Steptoe and Johnson is a leading....
Even though blockchain is seen to have a number of useful features for banks to utilize they are finding that putting these features into practice may prove difficult. The banking world may not trust the idea behind bitcoin, but they have realized that bitcoin’s underlying technology, the blockchain, has many valuable features that they could use, according to a Financial Times report. The technology can’t be hacked, is transparent, and allows anyone to view and verify trades on its system. However, while blockchain’s features were seen as the way forward at the beginning, it seems that....
Steptoe & Johnson LLP, a global law firm, has launched a multidisciplinary blockchain practice to help blockchain companies and businesses that are affected by blockchain with the legal issues related to the technology, according to Forbes. The law firm defends companies under government investigation and has worked with blockchain organizations. Steptoe & Johnson is currently defending companies being investigated by the U.S. Department of Justice (DOJ) and the Commodities Futures Trading Commission (CFTC). The law firm also serves as an adviser to the Chamber of Digital Commerce....
International law firm Steptoe & Johnson LLP announced on Tuesday that it has expanded its blockchain law practice into a multi-disciplinary practice. The aim of the expansion is to help clients in all industries learn and prepare their businesses for blockchain applications. Also, the firm announced that it will soon accept bitcoin. Steptoe’s....
It is positive to see government officials acknowledge the power of blockchain technology. At the same time, it is important to remember they are not talking about Bitcoin technology itself. Although France seems to be divided on Bitcoin, blockchain technology remains a popular topic. During the Annual Meeting of the New Champions 2016, Luxembourg Minister of Finance Gramegna acknowledged the potential of Bitcoin technology. In fact, he feels confident this technology will revolutionize banking and financial services. It is positive to see government officials acknowledge the power of....