TMT - United Arab Emirates
What the team is known for
Karm Legal Consultants is a boutique law firm noted for its core expertise in fintech, blockchain and virtual assets. In this regard, it is well versed in matters relating to licensing, tokenisation and the launch of new products. The firm has additional strengths in data protection.
Strengths
"They get licences done quickly and are respected by the regulators."
"They put options on the table and find ways to extra-protect the company."
Work highlights
Karm Legal Consultants advised cloud-based payments platform PayMate on a variety of licensing, regulatory and data protection issues across the Middle East.
Notable practitioners
Founding partner Kokila Alagh is well recognised for her expertise as a technology lawyer in the UAE. Her work has a particular emphasis on fintech, taking on instructions that frequently relate to NFTs, cryptocurrency and virtual assets.