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 …

Can Shearman finally get ahead of the curve after 15 years of diminishing returns?

Georgiana Tudor assesses the New York-headquartered firm’s sluggish development Like all major global law firms, Shearman & Sterling has had its reverses in recent years, albeit a few more than most. The fundamental question that has dogged the firm in Wall Street, London and Germany, is whether this proud US outfit is prepared to move …

Too big to fail? The battle to keep ring-fencing reforms on track

Envisaged in the wake of the financial crisis, ring-fencing reforms will tie up banks and legal advisers for years. Legal Business asks if the process is on track Experienced financial regulation partner Bob Penn, who moved to Cleary Gottlieb Steen & Hamilton last year and advised HSBC on the controversial bank ring-fencing reforms while at …