AI, Metaverse & Blockchain
ArentFox Schiff routinely counsels global fashion brands, professional sports teams, athletes, media companies, and NFT creators on leading-edge deals relating to venture financing, token protocol development, licensing/royalty structures, and SEC regulatory compliance. We advise on-chain/blockchain natives like token issuers, decentralized autonomous organizations (“DAOs"), blockchain tech developers, NFT artists, and content creators, in addition to off-chain or traditional companies looking for advice around entry and protection.
While many law firms focus primarily on electronic payments, ArentFox Schiff takes an industry approach to provide counsel on the opportunities and challenges presented by Blockchain and digital assets.
In addition, our attorneys are at the forefront of the emerging Metaverse ecosystem. We counsel clients in every pillar of the Metaverse technology stack, including software and game developers, AR/VR hardware manufacturers, digital asset marketplaces, and brand owners looking to monetize their intellectual property in new ways. Among other engagements, we advised a global professional services firm on the acquisition of virtual land to host a new signature office building and counsel a major technology company on the development and marketing of state-of-the-art augmented reality devices that serve as gateways to the Metaverse.
What We Do
- Fortune NFTy 50 NFT creators and blockchain venture funds in venture financing transactions
- DAO formation and governance/treasury review
- Cable networks, global fashion brands, and internationally-acclaimed artists in NFT development, minting, custody and platform partnership agreements
- NFL, NBA, and MLS teams with crypto sponsorships
- Professional athletes and media companies in connection with blockchain game development
- Cryptocurrency payment processors
- Private blockchain implementations
ArentFox Schiff has worked with clients in diverse industries including, media and entertainment, retail and e-commerce, hospitality and real estate, food and consumer products, health and life sciences, and technology and software. We examine how the legal issues related to blockchain may be utilized to dramatically change everything from supply chain management to profitability. We have provided counsel on issues surrounding smart contracts, cross-border transfers, omni-channeling, patent protection, privacy and data security, regulatory compliance, electronic payments, smart grid, the Internet of Things, customs, fulfillment, and supply chain management. To that end, we have worked with the following companies in some of the above-mentioned areas: LG Electronics, A.C. Moore, Diesel, Lacoste, and Diane Von Furstenberg.
Retail & E-Commerce
The impact on the Retail industry is extensive. From remodeling e-commerce, to making supply chains more transparent, identifying counterfeit products, and making consumer payments more easy and secure, the future of blockchain is here. And our attorneys know the importance of smart business counsel and well-tailored legal solutions.
We are the premiere law firm representing retail companies, fashion and design houses, apparel manufacturers and retailers, and luxury goods companies. We have assisted clients with streamlining their manufacturing and fulfillment processes and employing technology to reduce redundancy and improve efficiency. Our attorneys act as strategic partners with a number of prestigious companies, including Diane Von Furstenberg, Escada, Lacoste, Diesel, Hugo Boss, Yves Saint Laurent, Victoria's Secret, and Fila.
Hospitality & Real Estate
Blockchain in the hospitality industry could eliminate third-party costs and encourage direct provider-to-consumer interaction, while making it easier to streamline and improve customer loyalty/point programs. In addition, using blockchain can speed up real estate transactions by reducing the need for paper-based record keeping, while helping with tracking, verifying ownership, ensuring the accuracy of documents, and transferring property deeds.
Our Hospitality & Real Estate team has been building innovative solutions for more than 75 years, with prominent clients such as Marriott International, Iberostar Hotels and Resorts, Park Hotels & Resorts, and RLJ Lodging Trust.
Blockchain technology has revolutionized the automotive industry by enabling transparent supply chain finance and logistics, tracking accurate vehicle history, ensuring authenticity of parts, and facilitating sharing economy platforms. Our Automotive attorneys have the regulatory roadmap to drive change with new technologies. Leading technology and traditional industry companies rely on us to find legal solutions for new technology within the regulatory framework that governs the industry.
Food & Consumer Products
Blockchain technology can be used to quickly track a product's progress from farm to table. That information can help ensure quality control and remedy food contamination problems by identifying potential contamination and preventing major outbreaks of foodborne illnesses.
Our Food & Beverage team provides a full menu of services to implement new technologies many top companies. Our wide client base includes F. Korbel & Bros and Moet Hennessy USA, Inc. We have worked with some of these clients to resolve their sourcing, fulfillment, and e-commerce issues.
Health & Life Sciences
The intelligent, efficient transfer and use of patient data captured in electronic health records is a critical part of the health care industry’s future. Blockchain technology will help the industry move forward amid the explosive growth of healthcare outcomes improvement and the use of next-generation data and analytics for healthcare decision support. Blockchain will facilitate data collection, security, the creation of master patient indexes, automation of claims adjudication, creation of a transparent supply chain, and the conduct of clinical trials. There are boundless possibilities for blockchain technology in the Health & Life Sciences sectors.
ArentFox Schiff’s Health Care and Life Sciences attorneys are focused on bringing to market the technologies that has transformed the industry, for companies such as St. Joseph Health System, and Sunrise Senior Living.
Top technology and software companies are already developing innovative blockchain solutions to meet various applications in retail, e-commerce, consumer appliances, financial, healthcare, cybersecurity, IT and other industries. Blockchain applications range from cryptocurrency trading platforms used by the financial industry, to smart contracts used for tracking product movements for retail and e-commerce companies, to powering the operation of decentralized network of Internet of Things devices and many others. Technology leaders turn to ArentFox Schiff for our expertise in the intellectual property law to assist them with protection of their innovative blockchain solutions using patents, trademarks and other forms of IP in the United States and worldwide.
ArentFox Schiff’s Intellectual Property attorneys advise technology leaders, including Discovery, LG Electronics, and Qualcomm, on high-profile matters of procurement, enforcement, and monetization of their IP rights and assets.
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