Crypto: A burgeoning practice area?

In the last 12 months, there has been an “avalanche” of clients using and requiring assistance with cryptocurrencies, offering much work for firms with expertise in this space. Will part of this new wave of work include class action proceedings? On this episode of The Lawyers Weekly Show, host Jerome Doraisamy is joined by Salerno Law managing partner Cliff Savala and associate Krish Gosai to discuss the advent of cryptocurrency as a legal practice area on the rise, what work in this space entails, how and why clients are using cryptocurrencies, and why Salerno Law saw an opportunity to lean into crypto as a practice area. Mr Savala and Mr Gosai also respond to queries about whether there is fertile ground for class action litigation in the cryptocurrency space and why such proceedings might be initiated, getting Australia to a point where such proceedings are not necessary, and what the market has to look forward to in the cryptocurrency space and what is exciting from a legal practitioner standpoint. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Lawyers Weekly Show) and by following Lawyers Weekly on social media: Facebook, Twitter and LinkedIn.   If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@lawyersweekly.com.au for more insights!