Keen to learn more about AG Elevate? Here are answers to some frequently asked questions.


 

How many hours of free legal advice will I get?

The number of hours will depend on the programme you are accepted onto.

Programme A applicants will receive:

  • 12 hours of free legal mentoring (split across 12 months); and
  • 20 hours of free legal advice on Fintech specialist areas, being legal advice on funding, financial regulation and technology.

Programme B applicants will receive:

  • 12 hours of free legal mentoring (split across 12 months); and
  • 30 hours of free legal advice on Fintech specialist areas, being legal advice on funding, financial regulation and technology.

All other advice will be given at a discount of 30% during the duration of the 12 month programme. 

What areas are covered/not covered in the advice?

Areas covered:

  • Free legal advice - on FinTech specialist areas, being legal advice on funding, payments, financial regulation and technology
  • All other legal advice will be made available at a heavily discounted rate during the duration of the programme

Areas not covered:

  • Any law other than English & Welsh law
  • Non-legal advice (including financial and commercial)
What other benefits are there to participating in the programme?

On programme A:

  • one training session on a legal topic, to be selected from a list of topics provided by AG 
  • access to AG's legal seminars and industry networking events
  • access to AG's legal updates and other publications

On programme B:

  • access to TORCHLIGHT
  • one training session on a legal topic of FinTech's choice
  • presentation to the FinTech's board on key business and market risks it is facing
  • access to AG's legal seminars and networking events
  • access to AG's legal updates and other publications
How many Fintechs will you take? How does the programme run?

We envisage taking up to 16 Fintechs across the 2 programmes over the next year.

When can we start applying and when does the application process close?

Applications opened on 4 October 2017 and closed on 15 December 2017. We will run interviews in January 2018 and reveal all results by 1 February 2018 at the latest. We will release future application dates as the programme progresses.

What does the application process consist of?
  • An online application form.
  • Follow up interview either by phone or face-to-face.
What happens if I don't get accepted?

We unfortunately can't take everyone on the programme, however we do hope to be in touch with you and find other ways of engaging and working together.

How is this different to other law firm programs?

We believe that we are one of the few law firms to offer a legal mentoring programme (as opposed to straight free legal advice) such that we will work closely with you for a year and act as a legal sounding board as you progress with growing your business.

Is there a demo day?

No.

What do you expect in return?

We look forward to building long term relationship with the Fintechs and hope we continue to work together after the programme has ended.