Gleiss Lutz is the first German legal practice to successfully acquire a land site in Decentraland in order to establish a presence in the Metaverse. The office will be headed up by Eric Wagner, a partner in Stuttgart who also co-leads the legal technology area of the company.
Gleiss Lutz has stated that it expects to become better suited to deal with the wide range of complicated legal challenges that are likely to develop as a result of the lack of comprehensive regulation in the sector as a result of opening in the Metaverse. Moreover, the office will also make it possible for the company to develop its thought leadership on topics such as legal tech, digital futures, and ESG.
Michael Arnold, a co-managing partner of Geiss Lutz, stated that the opening of the new office “fits effortlessly” into the overall plan of the company.
He stated that “we want to be accessible to our clients now and in the future, especially in this fast changing commercial climate.” “We want to be accessible to our clients now and in the future.”
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