Issue 6 2022 7 Apr22035 Pioneering Cryptocurrency Gersham International is the world’s largest independent cryptocurrency law firm, focusing only on cryptocurrency and ‘aligned’ technologies such as NFTs, the Metaverse, and Play to Earn. Its team prides themselves on being ‘crypto lawyers, not lawyers that work in crypto’. As the firm wins Most Outstanding Crypto Lawyer 2022 – UK in this issue of Corporate Vision magazine, we speak to the company’s Managing Associate to learn more. Gersham International is different, it takes a modern approach to problem solving in what is a new industry – one of the reasons it has no hourly fees! Most start-ups can’t budget legal fees if they have no idea how much it will cost – the same is true of bigger firms that have large accounting issues. Gersham International’s team of professionals focus on the work at hand and don’t worry about business billing hours. This allows the associates to focus on their clients and for its clients to get in touch whenever they need. Gersham International works with three different types of clients. Firstly, those in the crypto industry, including mining firms, exchanges, media, marketing, and other crypto service companies. Secondly, those who are looking to conduct a crypto-based raise – companies looking to raise money through the sale of a token, NFT, or other type of crypto asset. Thirdly, the company’s governmental work sees it working with government and regulators all over the world. Managing Associate, Cal Evans is the pioneer of the company’s cryptocurrency work, and he is a UK and Dubai lawyer and US securities consultant with experience working in top law firms in both California and London. Speaking about his company, he said, “Our aim is to help them (clients) shape the crypto industry for the better. We’re very lucky that we are well-known in the crypto industry. To that extent, we often end up working with projects who are looking to be international or perhaps have struggled to find the right help in the past.” The crypto industry is full of new regulations, and it’s not just new, but it’s confusing. Cal explained to us, “Let’s take the UK, for example. The UK Government just issued its own NFTs with the announcement of hoping to make the UK a crypto innovation hub. The reality is that the FCA has spent the last two years dropping the ball on those who asked for a license, convincing most of those companies to leave the UK. It’s a complex area. “Then, there’s other lawyers – We often encounter other lawyers that don’t fully understand the crypto industry. To that end, challenges now are education, and I think future challenges will be much more complicated. Looking at a specific example, there are many larger law firms which approach us to do some of their work for them. The honest answer is that they just do not have the crypto skill within their team, and are now realising how important this market is. It’s comical to think how much they are billing their clients for what I would call ‘limited advice’.” Indeed, Gresham International is the market leader in this industry and Cal tells us about his expert team who are behind it all, “Our staff are rockstars! Truly. We actually keep our team very close to us. One of the things you may notice is that our team does not feature on our website, as they would get approached every day about different projects or new job opportunities. Of course, we want them to flourish, but we also want them focused on work. Much in line with our modern approach, working at our offices is voluntary. Most of our team elect to work from home – In a post-COVID world, that doesn’t seem as weird as it did in 2018. The biggest thing we look for is drive, an ability to work on your own. If someone has that, we can give them the rest of the skills they need to make it in a crypto law firm.” Cal and the team now have their sights set on the future, with 2022 shaping up to be the company’s biggest year yet. Cal shares, “It’s honestly exciting. We are now working with some massive firms within the industry and sharing our platform with some of the biggest companies. Our aim is to help those in the industry, and it feels like 2022 really is the year that is going to happen. One thing I am happy to share is our new strategic partnership with GIMA Gaming Group, a large gaming and investment group based in Dubai. We want to start helping PTE and blockchain games more over the next 24 months – We see this market as explosive!” Company: Gresham International Contact: Cal Evans Email: [email protected] Website: www.greshaminternational.com
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