Perkins Coie is pleased to announce its partnership with the Accord Project, a consortium dedicated to the development of smart legal contracts using blockchain technology.
Perkins Coie’s involvement is the latest example of the firm’s dedication to standardizing blockchain technology in the legal and business sectors. As a partner in the Accord Project, Perkins Coie will be actively involved in the Accord Project’s various working groups to assist in the development of industry-wide standards for smart legal contracts.
“Perkins Coie was the first law firm to devote a practice to decentralized cryptocurrencies and shared ledger technologies in 2013, which shows our long-held commitment to deepening our engagement with industry leaders in this rapidly evolving space,” said Michael Henson, a partner in Perkins Coie’s Intellectual Property practice group and a member of the firm’s Blockchain Technology & Digital Currency and Electronic Financial Services industry groups. “The Accord Project provides an ideal platform for us to make an impact in the development of best practices surrounding the implementation of smart legal contracts, and we’re thrilled to contribute to this important work.”
Perkins Coie's Blockchain Technology & Digital Currency industry group was publicly launched in May 2013 as the world’s first legal practice focused on decentralized cryptocurrencies and shared ledger technologies. It is an extension of Perkins Coie’s long history of representing fintech, internet, mobile and other technology companies. This multidisciplinary group is on the front lines of industry developments, helping clients address the complex legal issues faced by blockchain and digital currency businesses.
Attorneys in this industry group provide product counseling, regulatory investigations and compliance counseling, litigation support, consumer protection counseling and business transaction assistance. Clients include shared ledger consortia platforms, exchanges, wallet providers, payment processors, investors and industry associations.
Perkins Coie is a leading international law firm that is known for providing high value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,000 lawyers in offices across the United States and in Beijing, Shanghai and Taipei, we provide a full array of corporate, commercial litigation, intellectual property and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations