A new survey released by the American Bar Association and ALM Intelligence is addressing why women are leaving big law. The Walking Out The Door: The Facts, Figures, and Future of Experienced Women Lawyers in Private Practice study is part of an ABA initiative launched by former-President Hilarie Bass. Over the past decades, women have made up roughly 45-50% of entering associate classes at large law firms, however, women make up only 30% of non-equity partners and 20% of equity partners.
Stable coins, the rise of custodial solutions and the recent announcement of Fidelity launching an institutional platform for Bitcoin and Ethereum are all designed to make it easier for institutional investors to partake in the cryptocurrency market.
Yet a number of questions arise as the cryptocurrency ecosystem continues to expand its reach to traditional financial markets. Trust must be built among new market participants, countries leading innovation need to respond to legal concerns and actions should to be taken to pave the way for both accredited and non-accredited investors to step foot into the cryptocurrency market.
As a result, lawyers specializing in cryptocurrency related matters have become key players for ensuring the success of the global adoption of digital assets. Three women lawyers in particular are taking action to help define legal uncertainties currently facing the evolving crypto ecosystem.
*This article first appeared in Forbes magazine.