Richard Cruz, with Duane Morris. Courtesy photo Big Law Vying for IP Laterals to Capture Emerging Sectors
Shortly after bringing on an IP group focused on pharma and medical devices, DLA Piper lost an IP partner focused on technology and financial services.
February 03, 2022 at 07:02 PM
4 minute read
The convergence of industries including life sciences and financial services with advancements in tech is creating a plethora of novel IP legal needs, said Richard Cruz, a 16-year DLA Piper IP partner who was brought on by Duane Morris this week.
Cruz, a Philadelphia lawyer who started practicing law at IP boutique Volpe and Koenig, said financial institutions have become "quasi-technology companies" at the same time as tech platforms seek to branch out into financial services. The emergence of cryptocurrencies as decentralized digital assets have spawned a new contingency of platforms facilitating crypto transactions in his client base.
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