Slaughter and May is set to offer free legal advice to up-and-coming UK tech entrepreneurs selected by a panel of experts including Autonomy co-founder Mike Lynch, as the magic circle firm looks to tap into the burgeoning startup market.

The firm is expecting to identify around 10 UK-based tech startups per year, with each successful candidate receiving £30,000 in free services including legal advice, access to model legal documentation and tailored coaching in areas such as pitching and presentations.