It has become almost impossible to avoid conversations about blockchain. Most of us are familiar with at least one form of blockchain: digital cryptocurrencies like bitcoin. But this technology has a much wider reach than bitcoin alone. Blockchain is not only a new technology that may revolutionize the internet, but one that will also have a profound effect on the practice of law.
It is important that business lawyers know what blockchain is — at a minimum to be able to answer a question from a client — but also over time to embrace this technology to the benefit of your career and firm. Read more
I recently opened my solo law practice, and, as many solo attorneys can attest, one of the most challenging tasks I faced was picking a practice management system. Trying to crowdsource a solution only left me with more questions and choices than I could handle. I was simultaneously finding my way around legal accounting, particularly paying attention to trust accounting (IOLTA) issues. It was at the intersection of this quest that I learned about CosmoLex. I then was invited to serve on a statewide member panel to evaluate CosmoLex’s proposal to join the Washington State Bar Association’s Practice Management Discount Network. I was excited to participate. Read more
Marijuana’s illegal status under federal law means no bankruptcy protection for these businesses. In the July/August NWLawyer, read how Washington’s first marijuana receivership was able to reach a successful conclusion thanks to an alternative procedure provided by Washington law. Read more