how can lawyers profit from cryptocurrency

Last Updated on June 23, 2022 by Paganoto

How Lawyers Are Cashing In on the Cryptocurrency Practice …

The cryptocurrency industry is so hot right now that lawyers are lining up to add it to their practice area listings and get in on the action. …

Pay for In-House Counsel in Crypto Companies Can Yield Big …

Cryptocurrency companies often pay in-house attorneys in equity. … IPO an attorney’s equity could be valued anywhere from $300000 to $1 …

Is It Ethical for Lawyers to Accept Bitcoins and Other …

Bitcoins are digital currency, and yes, lawyers are beginning to accept them from clients. They are also known as virtual currency or cryptocurrency since …

Cryptocurrency Lawyers | Blockchain Law Firm – Dechert LLP

Dechert offers sophisticated and knowledgeable legal counsel to clients navigating the rapidly evolving cryptocurrency & blockchain space.

Accepting Cryptocurrency as Payment for Legal Fees

Any funds received are first applied to expenses, and the balance is income to the recipient lawyer or law firm. Cryptocurrency, however, is …

CRYPTOCURRENCY: KEY AREAS OF CONCERN FOR …

Attorneys must understand what cryptocurrency is and how it works. Current law does not provide any … property and therefore subject to capital gains tax.

Crypto Industry Can't Hire Enough Lawyers – WSJ

Crypto exchanges and companies are poaching attorneys to help them navigate an evolving regulatory landscape and to cut down legal costs.

Lawyers See Growth in Crypto Work Despite Downturn

Which areas of the digital assets/decentralized finance and internet space are likely to grow for lawyers? Of those attorneys expecting crypto …

Can Lawyers Ethically Accept Cryptocurrency?

As the opinion gives the example, “An arrangement for payment in bitcoin for attorney services could mean that the client pays $200 an hour in …

Accepting Cryptocurrency for Legal Services Presents Risks …

Also, given that the IRS treats cryptocurrency as property, law firms may have to recognize a gain or loss when they use it, opening a can of …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.