As the COVID-19 pandemic forced many lawyers to work remotely, more law school students are signing up for legal tech courses to enhance their abilities in a rapidly evolving job market.
The pandemic certainly presented a new challenge for the legal landscape, as courtrooms and firms just weren’t prepared to go remote and were forced to adopt new digital technologies as basic as Zoom and Microsoft Teams. With more law students feeling comfortable leveraging video conferencing platforms, there seems to be a bigger focus on how technologies like Bitcoin can help solve legal challenges, but with little execution by many law schools.
Having conversations about blockchain helps students explore more fundamental questions about finance and transactions both in the U.S. and abroad. These are questions that help us understand what Bitcoin is about.
Here are three reasons why, in our post-pandemic world, law schools should be teaching their students about the world of Bitcoin.
#1 – Stop Teaching To The Bar Exam And Start Preparing Students For The Real World
When it comes to preparing students for the bar exam, law schools and academics need to step it up. As it stands today, there just aren’t enough academics that are currently engaged in research on Bitcoin and other digital currencies.
Law schools have an obligation to their students to not only prepare them for the bar exam, but to also be competent to sit for job interviews, whether you take a traditional or non-traditional legal route. Often what we see is that when a student graduates law school, they have only been trained to take the bar exam — nothing more. There is very little real world experience, even with an internship, clerkship or externship under their belt.
Universities such as Massachusetts Institute of Technology, Cornell, Stanford, Harvard, Columbia, New York University, University of Southern California, Duke, University of Texas at Austin, Vanderbilt and Georgetown have all…