Although it might go against a lawyer’s natural propensities toward risk aversion, some practitioners have started accepting payments in digital currencies amid the bitcoin boom.
“I’ve known for a long time that my opportunity to expand in certain areas has been affected by not taking it,” said Carol Van Cleef, a Washington, D.C. lawyer who for 10 years has represented cryptocurrency clients with regulatory compliance.
As far back as 2013, a handful of big law firms that represented the earliest cryptocurrency entrepreneurs started accepting bitcoin payments. Today, big and small firms alike, as well as solo practitioners, have followed their lead and have accepted cryptocurrency’s risks in order to meet clients’ needs and get paid.
…
PDF:
Posted: by admin
Category: Technology
Tags: bitcoin, Carol Van Cleef, Coinbase, Cryptocurrency, law firms, lawyers, legal bills, legal services, payment processing