Credit: G. Lombardo/Adobe Stock Navigating the Metaverse: How Law Firms Choose What Platform to Join
While legal teams want to follow their clients into specific virtual worlds, many also weigh factors such as the underlying blockchain technology and user-friendliness before diving into a metaverse platform.
November 10, 2022 at 04:36 PM
5 minute read
Companies across industries continue to trickle into the metaverse, catching the attention of lawyers and firms still debating whether to join.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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