On the tenth anniversary of Bitcoin, veteran crypto lawyer Addison Cameron-Huff has launched the first all-crypto legal firm.
The Canadian-based law firm will only handle matters related to the crypto industry, and will cater to a crypto clientele with a fixed-rate billing structure, giving clients continuous and ongoing access to his legal service.
Cameron-Huff has history with cryptoassets. He is the president of Decentral Inc., developer of the Jaxx cryptoasset wallet, and was also involved with Canada’s primary legislation on crypto, first laid down in 2014 but not yet completely in force.
The new firm will not work only in Canada, however, and Cameron-Huff expects to attract a global clientele – citing a global lack of lawyers qualified to handle blockchain matters, he says the lack of expertise is “an export opportunity for Canada’s blockchain lawyers.”
One of Cameron-Huff’s innovation is a unique billing regime, whereby clients are charged a fixed, monthly rate in return for essentially unlimited and ongoing access to the legal service.
Bitcoin magazine quoted the chief legal officer of the Bitfinex exchange as commenting on the scheme: “I suspect he’ll also find a very willing audience for the fixed-fee arrangements that he’s proposing […] The attorney’s way of working and billing should fit the client’s business model and objectives, not the other way around.”