Gleiss Lutz has become the first leading German business law firm to open an office in the metaverse.
The metaverse – often dubbed the next generation of the internet – offers companies a wealth of exciting opportunities in a completely new, virtual environment that is changing the way they do business. But businesses operating in this arena – or seeking to – face a range of highly complex legal issues, especially given that this virtual space is still largely unregulated.
We not only provide clients with comprehensive advice on these legal issues but can now do so from our new office inside the metaverse.
“The metaverse fits seamlessly into our site strategy. We want to be accessible to our clients now and in the future, especially in this rapidly changing commercial environment," said Gleiss Lutz co-managing partner Prof. Michael Arnold.
Co-managing partner Dr. Alexander Schwarz added: “The metaverse has a big future. By opening an office in the metaverse, we are demonstrating our commitment to being part of this new, virtual world."
Dr. Moritz Holm-Hadulla, head of the Digital Economy industry group, explained what sets the firm apart when it comes to advising on digital issues: “Our full service approach puts us in the best possible position to deliver solution-driven, practical advice on the numerous interdisciplinary issues that arise through digitalisation in general and through the advent of technologies such as the metaverse in particular."
Prof. Eric Wagner, who jointly heads the firm's Legal Tech department and will be the resident partner at the virtual office, underlined the importance of legal tech for this step: “Our clients are benefiting from the substantial expansion of our legal tech expertise – the subject of various awards – in recent years."
The firm's new metaverse office will strengthen its thought leadership on key issues such as legal tech, digital future and ESG.
Visit our Metaverse office: https://play.decentraland.org/?position=43%2C-54&realm=dg&island=Iclx0.
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