Paul Hastings Creates Collaborative Cross-Practice: Internet of Things
WASHINGTON, DC – Paul Hastings LLP, a leading global law firm, announced today that it is launching an interdisciplinary
The IoT is the growing network of physical “things” embedded with electronics, software, and sensors, enabling them to exchange data with the manufacturer, end-user, and other connected devices. It is estimated that 50 billion devices around the world will be connected to the Internet by 2020, and that IoT commerce will have a total economic impact of up to $11 trillion by 2025.
Recognizing an uptick in IoT-related work and the evolving influence of digitally-enabled technologies on clients’ businesses, a team of Paul Hastings lawyers was organized to more effectively address clients’ needs in this area. “As the IoT brings connectivity to virtually everything, it is changing the way we live, interact, and do business,” said Corporate partner
Privacy and Cybersecurity practice co-chair
Given the ubiquitous nature of IoT and its anticipated impact across industries, lawyers from a large array of practices are collaborating on this initiative. This includes lawyers from the firm’s Antitrust and Competition, Securities and Capital Markets, Data Centers, Employee Mobility, Finance, Intellectual Property, Litigation, Mergers and Acquisitions, Payment Systems, Privacy and Cybersecurity, Private Equity, Regulatory, Technology, and Trade Secrets practices. Representative clients include tech and internet companies (e.g., Airbnb, eBay, Oculus VR, Zynga), commercial leaders (e.g., GE, Mattel, Samsung), as well as lenders and investors (e.g., Softbank, Goldman Sachs, RBC).
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.