Selachii are pleased to announce we won the award for 'Best Use of Technology 2014' at last weeks 360 Legal Awards.
Best Use of Technology Award
This award goes to a firm which has used technology in a really innovative way to raise its profile and grow its business.
For those of you who remember the law relating to cheques or bills of exchange you may recall the old story of the man who, perfectly legally, wrote and delivered his cheque on the side of a cow. Things have moved on a bit since then.
Our winner is a boutique ABS formed last year which, following extensive discussion with and approval from the Law Society and the SRA, has become the first law firm in the UK to accept bitcoins as a valid means of payment by its clients. This is achieved through the creation of a virtual "wallet" into which clients pay the agreed of amount of bitcoins for the work undertaken.
The virtual currency market is growing apace and this firm has got in at the start and is using this novel concept, allied to the power of the Internet, to grow an impressive business.
The winner of the Best Use of Technology Award is the Notting Hill based Selachii.
