Bloomberg Law
Sept. 6, 2017, 2:07 PM UTC

More Law Firms Are Accepting Bitcoin Payments

Sara Merken

By Sara Merken, Bloomberg BNA

More large law firms are accepting bitcoin payments for their legal services, signaling the digital currency’s firmer foothold in corporate America.

Representatives from firms such as Steptoe & Johnson LLP, Frost Brown Todd LLC, and McLaughlin & Stern LLP told Bloomberg BNA that they started the new payment option to meet the demand of clients that deal with cryptocurrency assets. Accepting bitcoin may also help the firms attract new clients, they said.

It is “not surprising that law firms that counsel companies that handle cryptocurrency or are looking for advice on cryptocurrency-related issues would be ...

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