The cryptocurrency market has seen a rise in the0 number of companies raising millions through ICOs. Today, there are thousands of start-ups in the crypto sphere. Hence legal support for these companies can be a significant factor in their success. According to a report published by Lex cube, the total legal spending of cryptocurrency companies was $100 million in 2017, which is expected to reach $1 billion in 2018. The report also said that the law firms that count clients in the crypto industry are almost doubling their workforce. In the midst of this new scenario, here is a list of the top 10 cryptocurrency law firms:
Top Cryptocurrency Law Firms
The Top cryptocurrency law firm serves clients across the world. We provide high-quality legal services in the cryptocurrency and blockchain space. Our lawyers have backgrounds in traditional finance, technology, and regulatory issues.
1. Graham & Dunn, P.C
Graham & Dunn, P.C., founded in 1993, has offices in Seattle and Portland. The firm specializes in corporate, securities, and real estate law.
The firm’s litigation and arbitration practices are strong they have a reputation for being able to handle large cases on behalf of their clients while providing high-quality service at reasonable rates. In addition, they’re well known for their wealth management services; this includes asset management (administration), trust administration (trusts), estate planning/probate matters including wills and trusts execution as well as probate avoidance issues relating to estates worth less than $5 million dollars (grantor corporations).
Most importantly for cryptocurrency investors looking for legal guidance regarding cryptocurrency transactions. Graham & Dunn has a strong reputation for its securities practice; there’s no better place to learn about how your purchases will be taxed if you’re purchasing cryptocurrencies rather than traditional stocks or bonds!
2. Perkins Coie
Perkins Coie is a law firm based in Seattle, Washington. The firm has over 900 attorneys in offices across the United States and in Beijing, London, and Tokyo. It is one of the largest U.S.-based global law firms with clients from more than 100 countries.
Perkins Coie was founded in 1876 by Charles H. Perkins as an independent private practice. In 1912 it became part of JMB&B (now known as ‘Perkins Coie’) when the company merged with its primary competitor, Jones Day.
3. Arent Fox
Arent Fox is a global law firm with a focus on technology, media, telecommunications, and intellectual property. The firm’s attorneys have experience in the cryptocurrency and blockchain space.
Arent Fox has offices in New York City as well as Washington D.C., San Francisco, Los Angeles, and London where they represent clients across North America in a wide range of industries including consumer products & services; financial services & capital markets; life sciences; oil & gas; healthcare IT solutions provider business model management strategy social networks search engine optimization user experience design web development.
4. King & Spalding
King & Spalding is a global law firm with over 2,000 lawyers in offices throughout the United States and Europe. The firm’s clients include many of the world’s most prominent companies and entrepreneurs, including Google, Amazon, Facebook, Twitter, and Apple.
King & Spalding has been serving as counsel to cryptocurrency exchanges since 2012 when they were hired by Mt. Gox to help establish the company as an exchange that would comply with Japanese laws regarding money laundering restrictions at that time.
King & Spalding has also represented several cryptocurrency companies in their efforts to become licensed as money transmitters or payment processors a process which requires compliance with various federal regulations governing consumer protection issues related to credit cards (such as anti-fraud measures), identity theft protections among others
5. Goldberg Kohn, Ltd.
Goldberg Kohn, Ltd. is a law firm with offices in New York, New Jersey, and California. The firm offers its clients a full range of services including corporate law and litigation; real estate transactions; family law; immigration matters and more.
The firm was founded by Arthur Goldberg (1904–2000) who served as United States Supreme Court Justice from 1955–1969 before being appointed U.S. Secretary of Labor under President John F Kennedy (1961–1963).
6. Latham & Watkins
Latham & Watkins is a law firm with offices in New York, Washington, D.C., London, Hong Kong, Munich, Paris, and Frankfurt. The firm’s dominant practice areas include antitrust litigation; class action defense; internal investigations; legislative affairs and regulatory matters (including policymakers); patent procurement; real estate transactions; tax litigation.
Latham & Watkins was founded by John Foster Dulles as well as other luminary from his generation such as Henry Stimson (Secretary of State under President Harry Truman) and Dean Acheson (former Undersecretary of State). They have been described as having “the highest ethical standards” by the American Bar Association
7. Baker Hostetler
Baker Hostetler is a top cryptocurrency law firm. The firm has more than 1,000 lawyers in 22 offices across the United States and Europe, including New York City and Washington DC; Houston; Los Angeles; San Francisco; Chicago; Dallas/Fort Worth, and Atlanta. In 2018, Baker Hostetler was recognized as one of the top law firms in America by Law360 – a ranking based on annual revenue among litigators at large firms with over 200 attorneys or more (there was approximately 300 total).
8. Davis Polk & Wardwell
Davis Polk & Wardwell is a global law firm with over 1,000 lawyers in 16 offices in the United States, Europe, Asia, and the Middle East. The firm’s clients include large corporations and financial institutions around the world; it also has extensive government relations and policy work.
The firm’s current managing partner is David Sklansky a former FBI agent who led investigations into major corporate fraud cases such as Enron and WorldCom before joining Davis Polk.
9. Reed Smith LLP
Reed Smith LLP is a global law firm with more than 1,800 lawyers in 30 cities across the Americas, Europe, Asia Pacific, and Africa. With offices in New York City and Brussels (Belgium), Reed Smith is one of the largest firms on Wall Street. Noted for its expertise in mergers & acquisitions and capital markets transactions as well as regulatory affairs matters at large corporations like Facebook or Google, it also has a strong focus on private equity investments through its acquisition arm called “Reed Smith Invest”.
10. Wilson Sonsini Goodrich & Rosati
Wilson Sonsini Goodrich & Rosati is a global law firm providing legal services to technology companies, venture capital firms, private equity firms, and other companies that do business in this sector. The firm has offices across the United States and China with more than 500 attorneys globally.
The firm was founded in 1971 by Eugene G. Wilson (1920-1974). It became known for its work with high-tech start-ups such as Apple Computer Inc., Intel Corporation, and Sun Microsystems Inc. In 1995, it merged with San Francisco-based law firm Cravath Swaine & Moore LLP (Cravath) to form Wilson Sonsini Goodrich & Rosati Group LLP
Conclusion:
In this article, we’ve taken a look at a few of the top Cryptocurrency law firms in the world. As the cryptocurrency market continues to expand, the need for legal representation and advice for cryptocurrency businesses will continue to grow as well. We’re excited to see how the industry continues to evolve. Thanks for reading the article.