Krasovec Quoted on AFS Opening First Major Law Office in the Metaverse

Crain’s Chicago Business
ArentFox Schiff Firmwide Co-Managing Partner Joseph Krasovec was quoted on the official opening of the firm’s office in the Metaverse, making it the first major US law office in the digital world.

Joe said that the move makes sense for the firm and that the expanding Metaverse is another way to interact with potential and current clients.

Joe also noted that the financial opportunities within the Metaverse and the financial gains that could potentially come with opening virtual spaces, comparing it to the start of the digital age and the wonders of the internet.

“Twenty-five years ago … when the internet first started, nobody really knew where it was going to go,” he said. “We got a report from McKinsey, the consulting firm that said that they predicted that the annual global spending related to the virtual landscape could be as much as $5 trillion by 2030.”

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