VRARA Chicago member Dalton Hughes discusses the new legal framework of the Metaverse in an article he co-authored with Andrew Avsec for Crowell & Moring titled "A Walk Through The Metaverse for Corporate Counsel".
The article describes the metaverse as more than just a digital playground; it's a burgeoning arena where real-world laws intersect with virtual experiences. From IP issues to novel employment law challenges, the implications for in-house counsel are profound.
As brands like Decentraland and Horizon Worlds develop immersive worlds, the need for comprehensive legal strategies grows. Whether addressing IP infringements, reorganizing HR departments, or navigating international laws, the metaverse presents a unique blend of opportunities and challenges.
In-house counsel must proactively draft policies that reflect the dual realities of virtual and physical worlds. Understanding these intersections will be crucial as companies expand their digital footprints.
For a deeper dive into how legal professionals can navigate this new frontier, check out Dalton's article and the full white paper he co-edited with Preetha Chakrabarti titled "Retail in the Metaverse and Beyond" at https://hubs.la/Q02tbj5W0
For more insights on the legal challenges and opportunities associated with the Metaverse, or how to become a member of VRARA Chicago, DM us or send an email to ed@thevrara.com.