Law Firms Jump On Bitcoin Bandwagon With Virtual Fees

Law360, New York (January 6, 2014, 9:58 PM EST) -- A growing number of lawyers are making the jump into virtual currency and accepting client fees in the form of bitcoin, experts told Law360, despite a maze of unanswered professional, legal and ethical questions about the emerging digital money.

While the numbers are so far small — online directories of businesses accepting so-called cryptocurrency include just a handful of law firms, most if not all of them solo practitioners or small partnerships — at least one BigLaw firm recently accepted its first client fees in bitcoin currency....
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