Richard L Hermann

Digital Assets Practice Richard L Hermann

Build a legal career in the hottest 21st century practice areas! In his 21st Century Legal Career Series, Richard L. Hermann researches, evaluates, and predicts where the employment opportunities are and will be for law graduates. Volume 8, Digital Assets Practice: Three New Practice Opportunities in One, explores how technology has generated a ground-floor opportunity for attorneys. Until very recently, the vast storehouse of individual and corporate digital assets were not included in people's estate plans. Today it is far and away the hottest topic in estate planning. Business owners and individuals must now be concerned with what will happen to their digital assets once they pass from the scene. But digital assets practice does not end with estate planning and how executors and administrators deal with such assets. In addition to estate planning, this booklet examines: digital assets practice with respect to small businesses, especially succession planning; and digital assets practice with respect to mergers and acquisitions. Highlights include: -What is a Digital Asset? -Digital Assets Practice-- Estate Planning & Fiduciary Considerations -Digital Assets Practice--Business Succession Planning -Digital Assets Practice--Mergers and Acquisitions -Why Is Digital Assets Practice So Hot? -Who Hires? -Breaking into Digital Assets Practice -Finding Out About Digital Assets Law Jobs Before Everyone Else -Where to Go for More Information What makes Digital Assets practice a ground-floor opportunity? Individuals and small business owners thinking about succession matters have amassed vast repositories of digital assets worthy of protection. Few in the potential client pool are cognizant of the fact that they possess digital assets worth passing on to spouses or the next generation. Digital asset protection will be an ever more major issue for everyone as time passes . Very few lawyers are even aware of the practice opportunities in this area. Hermann focuses on what law students and lawyers need to know to break into this practice.