Credit: wacomka/Adobe Stock Could ALSPs Follow Law Firms Into the Metaverse?
For now ALSPs are eyeing the metaverse more as a marketing opportunity than an evolution of legal services.
January 17, 2023 at 04:02 PM
3 minute read
Alternative Service Providers
Last year saw several firms open offices in the metaverse in hopes of finding new business opportunities and expanding their marketing strategies.
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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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