Addison Cameron-Huff's Blog

Kirkland Ellis Spending $500m To Find Out: Why Can't $200 Lawyers Be $1000 Lawyers?

Sun, 31 May 2026 04:00:00 GMT

Kirkland Ellis, one of the world's richest law firms, claims to be investing $500m into building their own law AI platform. They're joining a rush of startups, VC, and law firms that are all building affordable legal services using AI. The dream is to replace expensive lawyers with cheap software. Or, if AI can't do the job on its own: to turn $200 lawyers into $1000 lawyers.

Why can't $200 lawyers be $1000 lawyers? Why can't $100 bankers be $1000 bankers? All of these platforms are being built with an understanding that amazing quality work can be produced at a fraction of the cost. Because LLMs are so amazing at coding, math, and meaningless writing, it's widely assumed that this is possible. Having tried for years to make this a reality with my own practice, I have my doubts, and I've written them up here for anyone else who's wondering why this is hard.

A New Law Website: How It Was Made

Wed, 13 May 2026 04:00:00 GMT

This week I launched a new website for my law practice. It better captures how my practice is operating and has a nicer design, aided by ChatGPT v5.

Bask Wallet, Starbucks Stock In-App, And Technological Change

Fri, 8 May 2026 04:00:00 GMT

On Monday, I posted about “Bask Wallet”, a crypto wallet I made that demonstrates the coming future of on-chain finance. Why is this interesting? What does this say about what's coming?

Bask Wallet: On-Chain Trading Of S&P500

Mon, 4 May 2026 04:00:00 GMT

I've made a wallet called Bask Wallet (https://baskwallet.com). It enables people to instantly trade SOL/USDC/SPYx, with one-click model portfolios that are applied to the user's assets. It's on-chain, nearly instant, and trades cost about 1 cent via Raydium.

Launching A Token As A Canadian Business: Prompt Your Own LLM With This Series

Mon, 13 Apr 2026 04:00:00 GMT

I've completed my series of blog posts about launching a token as a Canadian business, but it's 23000+ words, so probably most people in 2026 aren't going to be reading it, they're going to be LLMing it.

Most of my clients are heavily using LLMs already, and I've even launched my own production Slack bots for contract pre-reviews, regulatory pre-review, etc.

Launching A Token As A Canadian Business Part 11: Conclusion

Sat, 11 Apr 2026 04:00:00 GMT

Over the last two weeks, I've published 24000+ words on the topic of launching tokens in Canada. My goal with this series is to challenge the orthodox view that launching a token in Canada is illegal. For years, lawyers have advised their clients to steer clear of Canada. But is that advice well-founded? What's the real state of the law? Has anything changed over the last decade? My thesis is that lawyers and regulators alike have failed to properly understand the nature of tokens, the developments since the 2017/2018 boom, and changing thought south of the border (see part 1). It's up to entrepreneurs to decide if Canada will be the home of the next great thing in crypto but I believe there's no legal barrier to the majority of projects launching here.

These posts capture my experiences working with some of the best lawyers in North America, and seeing how the cases, regulatory decisions, and projects have unfolded.

Launching A Token As A Canadian Business Part 10: Presales, Primary Vs. Secondary, And Sales Methods

Sat, 11 Apr 2026 04:00:00 GMT

This is the 10th article in my series on launching tokens in Canada. This post contains some of the practical tips that I've given to token projects over the last few years (all of which have not had any regulatory or private legal actions against them). The goal is to minimize risks while selling, both in the initial phases of a project and later. The latter part of this post concludes by explaining how securities laws impose a useful type of discipline that moves people away from failed projects and short-term thinking. Following the law can be a powerful advantage in the market.

Conservative Rules Of Thumb For Selling

Launching A Token As A Canadian Business Part 9: Fourteen Token Types That Are Legal In Canada

Sun, 5 Apr 2026 04:00:00 GMT

The previous post in this series explains the rule for tokens: NRFM. But what does this mean in practice? What sorts of tokens can be launched in Canada?

14 Legal Token Types

Launching A Token As A Canadian Business Part 8: NRFM Is The One Rule For Tokens

Fri, 3 Apr 2026 04:00:00 GMT

A Canadian token creator needs to know one rule: No ROI From Management. This is the true rule of Pacific Coin and Howey. Token creators in Canada have to take this rule to heart, and they have to think of this rule as they make their systems, because if they obey the rule, they can likely launch their token in Canada without accidentally stepping into the danger zone of securities laws.

Repeat after me: No ROI From Management.

Launching A Token As A Canadian Business Part 7: The American Experience Is Educational

Wed, 1 Apr 2026 04:00:00 GMT

The previous posts in this series (part 1, part 2, part 3, part 4, part 5, and part 6) describe the regulators who have taken an interest in tokens, the applicable legal regimes, the history of those rules, and what provincial securities regulators have said about tokens being securities. Having canvassed this, it's time to look at the American experience, because, under similar legal rules, the federal securities regulator recently issued guidance that surprised many people by saying that a number of types of tokens are permitted.