Africa Elite 2014
Africa Elite 2014
A dynamic new generation of sub-Saharan lawyers is helping to guide the continent towards economic expansion
South Africa’s status as the biggest and most developed legal market in the continent means it is still the destination of choice for foreign tie-ups
Often overshadowed by their bigger and more affluent neighbour South Africa, the southern states of the continent are starting to show their mettle
Despite restrictions on foreign lawyers setting up shop in Mozambique, the region’s historical and linguistic links with Portugal offer a host of international benefits
Dominated by the energy and natural resources sector, West African firms are being courted by the world’s top players. But the locals are keeping their options open with loose networks of referral firms
East Africa is one of the more developed legal markets in the continent, with a significant amount of work flowing between jurisdictions. Kenya leads the way, with several large and well-established firms which are now embroiled in a war for talent.
Nigeria’s middle class boom is driving the entertainment sector and its legal development, says Adefunke Adeyeye, legal boss at media group Silverbird
In-house counsel in African companies are quickly gaining prominence and control over their businesses’ legal function, The Lawyer research has shown.
The largest global business firms, such as Baker & McKenzie, Dentons, DLA Piper, Herbert Smith Freehills (HSF) and Norton Rose Fulbright, have the deepest relationships with African independents, research by The Lawyer has indicated.
Much of the existing analysis of Africa as a legal market has centred on infrastructure projects and natural resources.
South African firm Webber Wentzel has hired five senior banking lawyers, including the outgoing general counsel of Jardine Matheson, in a boost for its finance team.
Norton Rose Fulbright has posted global revenue of $1.792bn (£1.118bn) in its second financial year since the merger of legacy firms Norton Rose and Fulbright & Jaworski.
Angola and Mozambique both benefit from oil and gas exploration but their by-product of needing modern and extensive infrastructure is creating new investment sources
East Africa is a buoyant and increasingly integrated region, with oil and gas driving its future. Meanwhile, a liberalised legal market is emerging