Practice leaders concede that the popped crypto bubble has resulted in a tough time for a segment of their clients, especially startups, as fewer new crypto businesses are forming than in recent years, and consequently the “new deal flow” is slowing.
Yet these attorneys report such practice groups are still thriving despite the changed market. This is due to increased regulatory inquiries and investigations, more litigation, and a growing need to help procure new financing or bankruptcy protection for some clients.
via Crypto Work Still Priority of Law Firms Despite Burst Bubble.
