Calling all lawyers: Blockchain opportunities are on hold

Many of my readers became enthusiastic after reading because lawyers had to consider the blockchain and wanted to know what opportunities are available in this emerging sector. Julie Q. Brush, Founding Partner of Solutus Legal Search and author of the high-level career blog ABA The lawyer Whisperer is widely known as the largest expert on the state of the legal market and is responsible for the successful careers of dozens of lawyers. I interviewed Julie to better understand the opportunities for lawyers in the blockchain sector.

According to Julie, "In today's business world, there is a group of" next generation "technologies that will revolutionize the way we live, think, interact and conduct business, and blockchain technology is at the forefront. Blockchain is one of the fastest growing areas, whose digital base is the launch pad for a myriad of applications that use it as smart contracts, bitcoins.These new applications address a diverse range of tangible, intangible and digital assets in the our culture and are creating increasing opportunities for lawyers. "

Explained:" Blockchain companies have attracted billions of dollars from investors and executives do not waste time employing lawyers at the start of their company's life cycle. opportunities for lawyers are solid.Many companies are trying to grab their first lawyer to build and direct the function, which is seen as a a fundamental mission for the business. "

General Counsel and Legal Representative / Vice President of Legal Roles are abundant in today's market." Julie said, "These opportunities require a broader level of experience that includes areas such as general companies, technology / business transactions (software), open source, regulations, compliance, privacy, product development, consumer protection, board experience, employment, real estate … and any other kind of legal problem that could come down the pike. "Depending on the company, the priorities on substantive competence will vary.

He added," There are other opportunities – slightly lower on the totem – that are offered in special areas such as compliance and regulation (international, federal and state). These roles tend to be assigned to mid-level lawyers with a high level of relevant experience. "

Junior level opportunities are also abundant for lawyers with a professional experience of two to six years Julie explained:" These roles require a strong experience in complex transactions and are strongly oriented towards licensing and responsibility. commercial, with particular emphasis on software and saas. "

According to Julie, the diversity of skills and experience can be required, she explained:" A background in fintech and / or financial services / regulated industries such as health care, insurance, REITS, fund formation, broker-dealers, private equity funds, investment banks and trade unions is almost always a must. Applicants who own this background will enjoy a strong competitive advantage. "

Obviously, lawyers who have no experience in the field in question will encounter more challenges when competing for blockchain jobs." For this constituency, consider a temporary transition to a different type of fintech or regulated society to acquire 39; experience in the industry is a good career strategy, "advised Julie.

Geographically, most of the blockchain companies and opportunities for lawyers are found on the shores of the United States (California, New York, Boston), but in the middle there is a smattering.He explained: "The in-house experience is strongly favored for senior senior level positions, but most employers will also take into consideration the law firms for junior level roles … if regulatory and transactional experience is relevant. "

The good news is Julie believes that the legal labor market is overall active o and lawyers are enjoying the dynamics of a buyer's market. He said: "The rise of blockchain technology has added a new level of recruitment, which will continue to increase as the market matures, so for those interested in this shipbuilding industry, it is now a excellent moment to get on board. "


Olga V. Mack is a blockchain strategist, public speaker and adjunct professor at Berkeley Law. He is vice president of the Quantstamp strategy, the first decentralized security control blockchain platform. More recently, he worked as a General Counsel at ClearSlide and held legal and operational roles in Visa, Zoosk, Pacific Art League, Wilson Sonsini and Yahoo. Olga founded the movement Women Serve on Boards invoking the participation of women in boards of directors of Fortune 500 companies. You can send an email Olga to olga @ olgamack.com or follow her on Twitter @olgavmack . [19659025] Source link