FOR IMMEDIATE RELEASE
Oct. 31, 2022
Contact: Thomas Nobile
Director of Communications
Tel: 732-937-7527
[email protected]
NEW BRUNSWICK – Seth Abrams has a vision. He joined the New Jersey State Bar Association to meet lawyers with similar interests and become more engaged with the practice. As the new chair of the Internet and Computer Law Committee, he plans to bring one of those interests—blockchain technology—to a higher consciousness among attorneys. To further that goal, Abrams will moderate a seminar that the committee organized on Nov. 9 about the emergence of blockchain technology and how it has become commonplace in many areas of the law, including in family, trust and estate practices. David McCarville, an attorney and adjunct professor at Arizona State University’s Sandra Day O’Connor College of Law, will be a speaker. Abrams spoke with the NJSBA recently on the upcoming seminar, blockchain in the law and his plans as a committee chair.
What kind of law do you practice and where?
I am counsel with Schumann Hanlon Margulies, LLC in Jersey City, where I practice complex commercial litigation.
Why did you join the Internet and Computer Law Committee?
I am interested in emerging technologies and their impact on the practice of law and thought it would be a good venue to explore those issues.
As chair, what are your plans for the Internet and Computer Law Committee in the coming year?
We are planning on exploring blockchain technology, its various applications, and its implications for the practice of law. At our meetings, we are going to lean on experts in the field to discuss the technology, its implications for legal practice, regulatory issues, and legislative initiatives, to name a few. By having our meetings focus on cutting-edge issues, we are hopeful to get positive feedback and strong attendance at our meetings.
Talk about the Nov. 9 seminar with David McCarville and what you think attendees can take away from it.
David is not only a lawyer, but an expert in blockchain. He teaches classes on the intersection of blockchain, cryptocurrency and related public policy issues. David is going to address how issues surrounding cryptocurrency and non-fungible tokens (NFTs) are becoming more commonplace in estate planning and family disputes and what practitioners need to know to handle these issues.
Most people think of cryptocurrency when they hear the word ‘blockchain.’ Describe how it has practical implications elsewhere in society and in the law.
Outside of cryptocurrency, there are numerous use cases for blockchain, including lending, insurance, supply chain management, health care and contracting, to name a few. While none of these applications require blockchain, in many instances, blockchain provides a faster, more secure and lower cost alternative. Blockchain also allows for secure, verifiable ownership of digital assets, including cryptocurrency and NFTs. At a minimum, as blockchain and its uses become more ubiquitous, it is going to be important for attorneys to have an understanding of the technology so they can properly advise their clients in the space.
What do you envision for the future of the Internet and Computer Law Committee?
From blockchain to artificial intelligence, it is important for the NJSBA to be at the forefront on emerging technologies so it can both educate the bar and lead on public policy and legislative issues that are on the horizon. I view the Internet and Computer Law Committee as the perfect forum to engage on these important issues.
Visit NJSBA.com to register for the seminar.
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New chair plans to shake up NJSBA’s Internet and Computer Law Committee
Contact: NJSBA Communications Department
Tel: 732-937-7527
Email: [email protected]