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How to Find a Crypto Lawyer

How to Find Lawyers with Crypto Experience

Legal complications are popping up all over the place, driven by the explosion of cryptocurrencies and digital assets. There are many rules to follow and laws to know about regarding things like investments and transactions. As the blockchain sector grows, we need more lawyers who know their stuff. But finding the right lawyer can be a bit of a challenge, especially if you're unsure what to look for.

According to a recent Bloomberg Law survey, more lawyers are getting into the cryptocurrency game. About 7% of the lawyers they surveyed are already working with cryptocurrencies, and over 12% are thinking about it. But even though more lawyers are getting into the crypto world, it's still a small part of what most lawyers do, with an average of only 9.2% of their work involving cryptocurrencies.

Well, not many lawyers really understand cryptocurrency and all its quirks. It's a different ball game from traditional law, making finding the right lawyer tricky. That's why it's essential to do your homework before looking for a lawyer to help you with your crypto-related legal needs.

In this blog, we've got you covered with tips on finding the perfect crypto lawyer for your needs.

Familiarise Yourself with the Various Types of Lawyers

In the first instance, it is important to familiarise yourself with the different categories of lawyers that might assist you. Overall, there are multiple types of lawyers active in the crypto sphere that you should be aware of:

Barristers for Scams and Fraud Investigations

Barristers, also known as trial lawyers, are experts in representing clients in court. In the blockchain space, they may investigate scams and fraudulent activities related to cryptocurrencies. These lawyers are well-versed in the laws and regulations related to blockchain technology and can help their clients navigate the complex legal landscape of the industry.

Litigation Lawyers

Litigation lawyers can help clients involved in disputes related to blockchain and cryptocurrency transactions. They represent clients in court and have experience in negotiating settlements and resolving conflicts outside of court. These lawyers are also familiar with the various laws and regulations that impact blockchain transactions, alongside expertise in civil law and dispute resolution.

Company Creation and Incorporation Lawyers

These lawyers specialise in helping clients set up blockchain-based companies. They can assist with drafting legal documents such as articles of incorporation, bylaws, and shareholder agreements. They also advise clients on legal issues related to corporate governance, intellectual property, and financing.

Bankruptcy Lawyers

In the crypto industry, volatility is the name of the game, especially after the FTX incident. In the event of financial difficulties, these lawyers can help clients navigate bankruptcy proceedings, negotiate with creditors, and develop strategies for debt restructuring. They can assist with filing for bankruptcy and navigating the legal complexities of the bankruptcy process. Bankruptcy lawyers generally have expertise in bankruptcy law and debt restructuring.

Look for specialised law firms

To find a crypto lawyer, it's best to start with specialised law firms focusing on cryptocurrency law. These firms have lawyers who are experts in blockchain technology, cryptocurrency transactions, and related legal issues. They can give you in-depth legal advice and even connect you with other professionals such as tax law experts, securities law professionals, and international law specialists.

Check online legal directories

You can also find a crypto lawyer by checking online legal directories. These directories allow you to search for lawyers based on their location, practice areas, and other criteria. Popular legal directories include Avvo, Justia, and FindLaw. Social media platforms like LinkedIn or Twitter are also great resources for searching for lawyers, as many lawyers share their knowledge and experience in the field.

Ask for referrals

If you know someone who has worked with a crypto lawyer before, ask for a referral. They can suggest a lawyer who has a proven track record in the field and can provide high-quality legal services. You can also ask industry professionals such as accountants, financial advisors, or cryptocurrency exchanges for referrals, as they may have worked with crypto lawyers before.

Another approach to finding a lawyer with crypto experience is looking for individuals actively engaged in blockchain and cryptocurrency communities. These lawyers often attend industry events, publish articles, and participate in online forums. They will likely be informed and up-to-date on the latest industry trends and issues.

Check their experience

It's important to consider a crypto lawyer's experience in the field. Ask about their past cases, clients, and outcomes. Hence, a competent crypto lawyer should be familiar with the legality of ICOs, security tokens, and stablecoins, as well as the various regulatory regimes in countries such as the United States, Malta, Switzerland, and others. In addition, they should be conversant with intellectual property rights, including open source copyright, KYC and AML concerns, and crypto tax difficulties that emerge when buying and selling cryptocurrencies.

Also, check if they've written or spoken on cryptocurrency law topics, as it can showcase their expertise and knowledge of the subject matter. Make sure the lawyer has experience in the specific area you need help with, such as tax compliance, ICO regulations, or anti-fraud investigations.

Bottom Line

Looking for the right lawyer to help you navigate the complex world of cryptocurrency and blockchain can be daunting, and legal issues are no joke! Luckily, Semoto is here to help! We're a marketplace connecting companies with service providers specialising in the crypto sphere.

Our platform provides access to a vast pool of legal, tax, consultancy and structuring experts, complete with ratings and feedback from other customers. With these valuable insights, you can decide which crypto-savvy attorney to choose for your needs.

Using Semoto, you can rest easy knowing that you've found a lawyer with the expertise and experience necessary to provide you with high-quality legal services tailored to the unique challenges of the crypto industry.

So why would you waste your time searching for a suitable crypto lawyer on your own? Let Semoto do the work for you and help you find the perfect legal partner today!

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