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1War for Talent Building a cadre of committed
lawyers and cultivating the pipeline to
partnership
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2
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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3
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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5
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