Crypto Winter Shines on Big Law to Tune of $750 Million in Fees

Aug. 29, 2024, 9:00 AM UTC

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how much Big Law has made in a slew of crypto-related bankruptcies. Sign up to receive this column in your Inbox on Thursday mornings. Programming Note: Big Law Business will be off next week. Happy Labor Day.

Big Law firms have amassed more than $750 million in legal fees from cryptocurrency-related bankruptcies, but the lucrative work resulting from a scandal-plagued period is inching toward the finish line.

A group of 22 major law firms is working on seven Chapter 11 bankruptcies stemming ...

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