Andrew Klungness

310-434-5420
andrewk@fenwick.com
Industry Co-Lead
Blockchain & Cryptocurrency , Consumer Technologies & Retail , Digital Media & Entertainment
Partner
Technology Transactions

Andrew
Klungness

Andrew
Klungness

Andrew
Klungness

Partner
Technology Transactions
Industry Co-Lead
Blockchain & Cryptocurrency,
Consumer Technologies & Retail,
Digital Media & Entertainment

Andrew advises technology companies at all stages of their lifecycle on a variety of issues relating to intellectual property and commercial law across diverse verticals such as digital assets, fintech, artificial intelligence, digital media and interactive entertainment, marketplaces, e-commerce, enterprise, space tech, and edtech. Having worked with many of the world’s most disruptive companies on their most complicated and engaging legal and business matters, Andrew’s work has shaped the tech ecosystem, particularly the Los Angeles tech ecosystem and digital asset industry.

I look at myself as not only my clients' No. 1 advocate, but also an industry advocate. I work hard to provide creative support, practical advice, and a consensus-oriented approach to provide solutions my clients feel comfortable with."

Andrew Klungness

Andrew is an experienced collaborator, helping clients realize their goals by leading complex strategic alliances, joint ventures, and other “partnering” arrangements. His experience negotiating commercial agreements, including licensing, sourcing, manufacturing and supply, channel partnerships, and marketing agreements allows him to put his clients’ needs first with a view toward growth and innovation. Clients lean on Andrew to help them develop, protect, and monetize IP, and design creative and forward-thinking strategies to manage technology, IP, and commercial issues in financing, M&A, and other corporate transactions. In addition to his transactional practice, Andrew helps clients navigate the inevitable legal and regulatory gray areas that emerge as they innovate, disrupt, and push their industries forward into new and novel frontiers.

When FinCEN updated its anti-money laundering Travel Rule to include virtual asset services providers, Fenwick client Coinbase was aware of the existential challenge posed to the emerging digital asset industry as well as an opportunity. It relied on Andrew to advise on the creation, development, and global rollout strategy of Travel Rule Universal Solution Technology (TRUST), a consortium of over 90 virtual asset services providers led by Coinbase and other prominent digital asset exchanges and an industry-driven solution designed to assist TRUST members in complying with the Travel Rule.

  • Stanford University's Best Practices & Digital Economy Committee

  • Stanford University's Best Practices & Digital Economy Committee

  • Arbitrum
  • Bonfire Studios
  • Coinbase
  • DocuSign
  • Faraway
  • Hebbia
  • Invisible
  • Magic Eden
  • Mattel
  • Mercari
  • Roblox
  • Stampli
  • Talos
  • Whatnot

  • Arbitrum
  • Bonfire Studios
  • Coinbase
  • DocuSign
  • Faraway
  • Hebbia
  • Invisible
  • Magic Eden
  • Mattel
  • Mercari
  • Roblox
  • Stampli
  • Talos
  • Whatnot

Andrew Klungness is praised for 'a deep understanding of the underlying technology that powers today's fintech companies'..."

The Legal 500

2024

Recognition Recognition Recognition

Recognition Recognition Recognition

Recognition
Variety

2022

Honored Andrew as among the most influential transactional lawyers in the entertainment industry.

The Legal 500

2024

Recognized Andrew for fintech (2021 - 2024) and patent licensing (2020).

Above the Law

2019

Recognized Andrew as one of the top partners to work for.

Recognition
Variety

2022

Honored Andrew as among the most influential transactional lawyers in the entertainment industry.

The Legal 500

2024

Recognized Andrew for fintech (2021 - 2024) and patent licensing (2020).

Above the Law

2019

Recognized Andrew as one of the top partners to work for.