Big Law Vying for IP Laterals to Capture Emerging Sectors | The Legal Intelligencer - Law.com

What You Need to Know

• Richard Cruz took his base of medtech and fintech clients to Duane Morris this week.
• His exit from DLA Piper took place shortly after the entrance of a trio from Troutman Pepper, specializing in IP strategy for pharma and biotech companies.

The convergence of industries including life sciences and financial services with advancements in tech is creating a plethora of novel IP legal needs, said Richard Cruz, a 16-year DLA Piper IP partner who was brought on by Duane Morris this week.

Cruz, a Philadelphia lawyer who started practicing law at IP boutique Volpe and Koenig, said financial institutions have become “quasi-technology companies” at the same time as tech platforms seek to branch out into financial services. The emergence of cryptocurrencies as decentralized digital assets have spawned a new contingency of platforms facilitating crypto transactions in his client base.

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source: https://www.law.com/thelegalintelligencer/2022/02/03/big-law-vying-for-ip-laterals-to-capture-emerging-sectors/

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