The growth of the non-fungible token (NFT) market has caused law firms to adjust focus—building up their talent pools and services for this increasingly important space.
Partner and co-chair of the fintech industry team Andy Ray told Law.com that “to service NFT clients, first and foremost, you need to be a lawyer ‘deeply oriented’ toward tech and innovation.” Of the firm’s NFT capabilities, Andy said that, “[A] lot of the firm’s lawyers with strong practices in a wide breadth of areas—software licensing, regulation, litigation, M&A, IP and beyond—in offices across the globe—Palo Alto, Washington, Boston, New York, London, to name a few—have taken it upon themselves to understand NFTs in their chosen field, and work together to [service] a broad array of clients.”