Image of an NFT sold on the MetaBirkins website. Credit: Court Document Widespread War for Talent Wages On in the Growing, Yet Complicated, NFT Space
"There is a significant scarcity of good lawyers practicing in the area of NFTs," said Scott Shipman, CLO at Dapper Labs.
May 18, 2022 at 05:00 AM
11 minute read
As the non-fungible token (NFT) market heats up, there has been a feeding frenzy at law firms to service spikes in demand. As a result, in-house teams, government agencies and law firms are all vying for a small pool of talent that can understand this increasingly important space.
Corporate legal departments, in particular, are scrambling to find lawyers who are versed in NFT issues, amid an uptick in regulatory scrutiny and recent crypto market crashes.
Thanh Nguyen, of Major, Lindsey & Africa. Courtesy photo This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Bitcoin, Cryptocurrency Practices Stand to Gain From Trump Election
Sullivan & Cromwell Dismissed as Defendant in Lawsuit from FTX Investors
Winston & Strawn Hires K&L Gates' Former Digital Assets Co-Chair in Miami
3 minute read
Another Weil Partner Heads to Paul Hastings, as McGuireWoods Hires Former SEC Crypto Leader
3 minute readLaw Firms Mentioned
Trending Stories
- 1Trade Wars: Five Tips for Legal Teams to Manage Tariffs and Trade in Trump II
- 2Balancing Attorney-Client Privilege With a Lawyer’s Right to Defend Against Allegations of Wrongdoing
- 3Public Interest Calendar of Events
- 4Sharpening Residential Insurance Fraud Defense Strategies: Insights for Insurers to Mitigate Risk in 2025
- 5Reversal of Fortune: Restoring Owners’ Equity Under New Jersey’s Tax Sale Law
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
