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1War for Talent Building a cadre of committed

lawyers and cultivating the pipeline to

partnership

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Panel

Ozofu Ogiemudia, Partner – Udo Udoma & Belo-Osagie

Shamiza Ratansi, Partner – ATZ Law Chambers

Andrew P. Lane-Mitchell , Partner – Coghlan, Welsh & Guest

Fernando Aguilar de Carvalho, Partner – Uria Menendez

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Talent Demographics across Continents

0

200

400

600

800

1000

1200

1400

1600

1800

2000 2010 2020 2030 2040 2050

Africa

India

China

NAFTA

Europe

India

China

NAFTA/Europe

Source: Mckinsey Global institute

Africa is set to have a larger working-age population than either China or India by 2034;

Working age population in largest countries and regionsMillion people aged 15-60

Africa

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External Factors

• Technology

• Changing regulatory environment

• Demographics

• Alternative service providers

• Pull factor of alternative professions

•Value for their money (VfM)

•Advisors with a global mind-set

•Speed

•Quality service

Client Demands

Employee Expectations

• Compelling vision of the future

• Work life balance/flexibility

• Constant engagement

• Recognition

Source: PwC Law Firms Survey 2018

Developing legal talent Deloitte

Law Firm Challenges

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Technological enablement

Law Firm of the Future

• Embedded technology• Data driven legal practices

• Multi-disciplinary teams.• Agile workforce• Different structures• Data driven legal practices

• Long term, stickier relationships with clients

• Need for multiple solutions under one roof

• Legal advice sought from multiple new sources

• Data driven insights

• Choosing the right strategy.• New alliances with non law firms• Market disruptors

Talent needsClient demands

Globalisation & competition