Legal Business

Slaughters and Addleshaws follow Simmons in developing fintech funds

Slaughter and May and Addleshaw Goddard are targeting the fintech market, following in Simmons & Simmons’ footsteps to develop funds that back free legal advice to fintech clients.

In May Simmons launched a £100,000 fund to cover free advice for up to four fintech start-ups. In November Slaughters upped the ante, putting £300,000 forward for its initiative. Meanwhile, Addleshaws has also announced it will provide up to £500,000 worth of legal mentorship and advisory programmes for up to 16 selected start-ups over the next 12 months.