According to Brian Burlant, president of Major Lindsey Africa, a legal talent scouting firm, the demand for legal experts on blockchain technology knowledge is growing.
According to him, despite the high demand for legal experts in the cryptocurrency or blockchain industry, the law firm is struggling to respond because there are few people with that knowledge. He then advised those who are still studying law to focus on blockchain, not cryptocurrency, as blockchain can lead to innovation.
Of course, Mary K. Young, a partner of the Zeughauser Group, said that in 2017, the blockchain field was popular with lawyers, but as the cryptocurrency plunged, numerous lawyers working in the field of cryptocurrency and blockchain were quietly returned to their former industry. Also did. He added that the privacy law has grown considerably in the last five years, and that the demand for privacy and data protection is increasing significantly for most companies globally and in the United States.
According to a recent prediction by market research firm IDC, global blockchain-related spending in 2019 is expected to reach $2.9 billion, an 88.7% increase from the previous year. It is centered around the financial sector and invests over $1.1 billion in banking, securities, investments and insurance. Related information can be found here .