Thanks to the growth of cannabis industry, Biglaw seems to be going up in smoke. While several firms have already joined the practice area, we’re told that one of the most prominent law firms in the world has decided to take a hit of the good stuff.
DLA Piper is launching a global cannabis law practice thanks to a “number of large cannabis regulatory advisory mandates,” and hopes to reap the benefits of the rapidly budding, billion-dollar industry. Law.com has the details:
The group will sit within the wider life sciences sector at the firm, and will be headed up by Toronto-based corporate partner Robert Fonn and London senior associate Dylan Kennett.
They will be supported by a team of 70 other lawyers and support staff in more than 15 countries across the firm’s network.
Kennett said in a statement: “With the likes of Canada leading the way in liberalizing cannabis in a considered manner, it was only a matter of time before other countries looked to Canada’s example on how best to similarly regulate their own markets.”
We’re sure that associates won’t want to puff, puff, pass on billable hours for the greenest practice area around. Congratulations to DLA Piper on its progressive new practice group.
DLA Piper Latest Firm to Join Booming Cannabis Trend [Law.com]
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.