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Many law firms are rapidly adapting to the business environment that Bitcoin technology offers. As a result, these law firms, as well as independent lawyers, are increasingly accepting payments in Bitcoin for legal services.
Interest in Bitcoin and its technology continues to grow among law firms, lawyers, and academics. As result, a group of lawyers founded the Digital Currency and Ledger Defense Coalition (DCLDC), whose mission is to foster innovation in these technologies. According to their website
Many law firms are accepting Bitcoin as payment because customers request it. Others are accepting Bitcoin because they fear missing out on the opportunities that the new business environment promises.
http://walletonline.info As Law.com reports, Carol Van Cleef, a Washington DC lawyer, who for many years has been representing clients involved in cryptocurrency businesses but has not been accepting payments in Bitcoin, clearly conveys this sentiment when she says:
On the other hand, some law firms that have been involved in cases involving Bitcoin and other cryptocurrency businesses have already been accepting the cryptocurrency for many years.
For example, in May 2014, New York-based McLaughlin & Stern, one of the oldest U.S. law firms, established in 1898, become the first major U.S. legal practice to start accepting payments in Bitcoin.
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February 1, 2018 12:20 pm
December 31, 9999
New York City
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