For emerging industries, which are companies formed around a new product or idea in the early stages of development, legal representation is often a necessity. Industries such as cryptocurrency or psychedelics, for example, are commonly navigating new or updated legal regulations, and where interpretation of these laws is being explored.

In these new spaces, not only do emerging industries need law firms, but in turn, law firms need exceptional public relations (PR) representation. Positioning is key for law firms when it comes to securing business from growing companies within the limitless array of emerging industries.