Will digital currencies become mainstream in legal services?
A professional services marketplace in which digital currencies are mainstream is “rapidly approaching”, and Australian law firms have to be ready, says one national firm partner.
On this episode of The Lawyers Weekly Show, host Jerome Doraisamy welcomes back Piper Alderman partner Michael Bacina to discuss new-age currencies such as bitcoin and dogecoin, their value, and overcoming accounting issues and societal stigma in order to achieve widespread adoption of such currencies by professionals and firms.
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Mr Bacina talks about his firm’s introduction of such payment methods – noting it was a client-led process – what other firms can learn from Piper Alderman’s experience thus far, and espouses more broadly about blockchain-driven processes and how they are set to up-end how legal businesses operate in the near future.
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
Plus, in case you missed them, check out our most recent episodes: