Impeccable Lawyers Signal Trust and Quality
UPDATED VERSION: An Evolved Approach to Effective Token Marketing
Accountants argue that paid legal fees are expenses. This is not always the case. Some legal fees are truly investments. From a token marketing perspective, investing in an impeccable lawyer may provide substantial returns.
A reputable lawyer may serve as a good statistic for legitimacy. Hiring one may show a healthy respect for government regulation and even concern for the welfare of token buyers. Furthermore, retaining irreproachable lawyers indicates a strong proclivity toward ethical behavior. They signal trustworthiness specifically and quality in general. That is because well-established, reputable lawyers not only require all clients to undergo exhaustive due diligence and background checks, but also refuse to work with token issuers that would be injurious to their reputations or credentials.
Impeccable lawyers have much at stake. It takes them years of schooling and punctilious practice to build an excellent reputation. Helping to draft misleading marketing documents will get a lawyer disbarred in the State of Washington, and perhaps every other jurisdiction. They would not only be unable to practice something that they supposedly love, but also forfeit a lucrative profession.
