Lee Schneider, partner at law firm McDermott Will & Emery, has been a financial services and technology attorney for 25 years. A year and a half ago, he happened to get involved in a project involving the legal questions surrounding digital tokens. Now, that’s almost all he focuses on.
“Ever since then, blockchain has swallowed my practice,” Mr. Schneider said. “It’s the most fun time in my career.”
Mr. Schneider is an example of an emerging set of lawyers who have shifted their focus to advising clients on how current and future regulations could affect cryptocurrency or blockchain investments.