The Accord Project, a group launched last year to push for industry standards around legal smart contracts, now has some buy-in from major U.K. law firms.
The three Magic Circle firms joining the project are Allen & Overy, Freshfields Bruckhaus Deringer and Slaughter and May. They join the ranks of U.S. Big Law firms Dentons, K&L Gates, DLA Piper and others in participating in working groups to jointly create standards for legal smart contracts specific to various practice areas.
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