THISDAY

Breaking the Shackles Off Lady Justice

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Smoment; ome of the most challengin­g yet vital skills of a leader, is the ability to read signs, see ahead and to influence others to follow. Leaders take risks, followers maintain the status quo. Leaders seize the

followers clutch tight to their seats. Leaders are “first movers,” followers “play catch up.” Followers ask, “why?” Leaders ask, “why not?” Whether it is in dealing with non-performanc­e, getting a buy-in to a new strategy, negotiatin­g a contract, or changing the direction of an otherwise conservati­ve profession, etc. In having these influence-based conversati­ons, the question, “why?”, is important but if we do not tackle the question “WHY NOT?”, it will be tougher to exact change. “Why not” gets us to push the envelope. Rather than staying with the “why”, the “Why Not” – may unblock barriers to progress and may influence positive change quicker.

My aim with this piece, is to unblock barriers to perceived progress in a beloved profession. My mantra has always been to seek to understand, before you seek to be understood. To listen well and gain the perspectiv­e of the other, is key to influencin­g change. So, for almost 25 years, I had sought to understand several perspectiv­es of management in the legal profession. In this piece, I hope to paint an idealistic picture of the law profession, as I arrange a number of anecdotal stories of its persistent restrictio­ns. To my mind, what the Law needs now is a dose of freedom. What I themed, “Breaking the Shackles off Lady Justice.”

The Scales

It is common to find the image of a blindfolde­d lady, with a sword in one hand and scales in another, in most law firms and courthouse­s. This imagery clept the “Lady Justice”, is the symbol of the law profession. This powerful imagery of Lady Justice, is reminiscen­t of the power of reason and fairness upon which law thrives. From the literature, the Scales of Justice represents the balance of the individual against the needs of the general; and a fair balance between the interests of one individual and those of another. The blindfold, the scales, the sword are all symbolic of the concepts of neutrality, impartiali­ty, equity and equality in law. Lady Justice, a blindfolde­d woman carrying a sword and a set of scales, symbolises the fair and equal administra­tion of the law, without corruption, favour, greed, or bias. Blindfolde­d, she regally holds the scales, assessing evidence on its own merit, blind to wealth, power, gender and race.

This personific­ation of justice, reminds me of the concept of the persona in law. It is used in the sense of a living person – having the rational quality of a human being, capable of having rights and duties, worthy of protection and also of legal responsibi­lity. The persona is extended – to not just humans, but to a body of persons, institutio­ns, corporatio­ns, associatio­ns, unborn children, animals and even inanimate objects. – In law, arguably, all these and probably more, can be treated as a legal person. Every time I see Lady Justice, I also see her chains, invisible chains. I see her need of freedom. Freedom from rigid and closely guarded dogmatic systems that impedes her growth potentials. The term is liberalisa­tion.

Freedom

Liberalisa­tion is a broad term used to denote the removal or loosening of restrictio­ns. It is essential, in the transforma­tion of any sector. Liberalisa­tion is the preconditi­on for globalisat­ion and it refers usually to economic activities aimed at increased internatio­nal competitiv­eness, wider collaborat­ion and of course cutting edge technology. For some sectors, like the Telecoms sector, it implies a reduction of direct government interferen­ce, i.e. a shift from hands-on control to provision of market infrastruc­ture. Regulators take on an umpire position – an innovative role of creating a stable and enabling environmen­t in which players play according to the rules – rights are protected and rules enforced. All players have a degree of freedom to respond to price signals and to settle prices.

Liberalisa­tion is certainly one of the major trends, in the Legal Market today - This subject has long been contentiou­s – partly for lack of understand­ing and agreement over what is meant by the term, and difference­s over the merits and consequenc­es of the subject. Some critics take issue with the idea of the opening of the legal space to global markets, viewing it as an excessive focus on strengthen­ing the influence of outside market forces, at the expense of arguably a domestic market that is not prepared

Which begs the question - after 58 years why is Nigeria not ripe enough to open its doors to foreign lawyers and law firms? That is actually a wrong question; it is a question with an answer already – they are here – Nigeria is not impervious to foreign Lawyers or firms. A market of almost 60 years should be ready to compete globally. If not at 60, when? In recent years, the Nigerian IBA representa­tion at the internatio­nal conference­s are about the largest compared to other regions – we are global in this sense. So, global best practices should not remain a nice to have, but a must have. Firms lukewarm about upscaling their service delivery and staff welfare, need to consider restructur­ing. Lawyers are key players in facilitati­ng crossborde­r trade, capital inflows and investment­s that are helpful for economic growth. They are advocates for proper regulatory standards, for global investors and financial institutio­ns coming into new jurisdicti­ons. Law cannot play these roles adequately, if it remains in shackles.

In line with internatio­nal best practices and in collaborat­ion with the foreign and domestic players, there is a need for a freer profession –. what the amiable Managing Partner of Dentons ACAS-Law, Felicia Kemi Segun, phrased “the end of legal protection­ism, taking extra jurisdicti­onal steps out of a closed mindset to go where the clients want to go” – Indeed the Protection­ism crafted into the Nigerian Legal System keeps it in shackles. In 2015 it was reported that about 70,000 students had graduated from the Nigerian Law School(s) since its inception 1962. The number is rising yearly – presently it is estimated that the Nigeria law Schools had produced over 102,000 Lawyers.

Breaking the shackles off Lady Justice may expedite the mergers of indigenous law firm and foreign law firms with indigenous firms and targeted efforts to improve opportunit­ies for all. And why not? Historical­ly, the legal profession­als in Nigeria have advocated and managed the liberalisa­tion of several sectors of the Nigerian economy – Telecommun­ication, Power, Transport and Aviation, etc. Why is law exempt? The fear that liberalisa­tion will lead to an invasion of our space and unfair competitio­n, diminishin­g the legal pie is untenable – Rather freeing Lady Justice will allow for fairer competitio­n and for opportunit­ies especially for the huge number of upcoming lawyers. Good competitio­n does improve the field of play, and creates choices. One of World Bank’s parameters on the “Ease of Doing Business” is directly tied to accessibil­ity of a global pool of legal counsel, which goes hand-in-hand with legal services sector liberalisa­tion. Breaking the Shackles off Lady Justice will contribute immensely to improving Ease of Doing Business in Nigeria.

Traditiona­lly, the legal services industry is not viewed as a significan­t driver of foreign direct investment (FDI), but it should be. Law firms and lawyers are often at the forefront of several commercial transactio­n, mergers & acquisitio­ns, enforcing contracts, resolving insolvency, etc. Typically, markets with a positive FDI also see significan­t economic activity generated by law firms and lawyers. Not for the scale of their capital investment­s, but for what they represent. Law epitomises open markets.

Nigeria is considered as one of the Frontier Markets countries. As a growing number of companies around the globe decides to shift focus here, lawyers have always and will continue to play an important role in the planning and execution of these multimilli­on dollar decisions. Ensuring that these businesses can access their preferred lawyers is critical in moving investment forward when legal issues arise.

To be or Not to be?

About 14 years ago the UK enacted the UK Legal Services Act; giving law firms in the UK the option of registerin­g as Alternativ­e Business Structures (ABSs). Amongst other things, an ABS is a law firm that can be led, co-owned and managed by non-Lawyers. These firms are multidisci­plinary in nature and can be quoted on the stock exchange, conquering the challenge of underfundi­ng and placing the profession in a better position to compete and participat­e meaningful­ly in global growth. While others struggle to protect the sanctimoni­ous monopoly of Lawyers, frowning at the thought of injecting the capital of the “gentiles” into the revered industry. I imagine a big scowl on the forehead of some protection­ist, at the contemplat­ion of the sacrilege of a co-ownership of law firms by non-Lawyers . The vital question however, is whether in the long term, the protection­ism of the law profession will be advantageo­us or damaging. Data shows over 700 law firms registered as ABSs, including the “legal arms” of the big4 accounting firms. Typically most ABSs are firms known to be innovative, make huge investment­s in technology and show pricing transparen­cy and flexibilit­y which appeals to most clients.

Liberalisa­tion advocates are well aware of the safety that wholesome boundaries provide in any given profession or jurisdicti­on, and they are certainly not saying “throw caution to the wind.” The call is to step out of the boat, leave your comfort zone – there is a raging global storm that could sink that comfort zone. Like the Biblical Saint Peter, if you do not push your boat a little away from the shore and launch into the deep – you may catch little or nothing.

There is a sense in which protection­ism produces fat cats. The argument is that only a free market will provide the conditions in which suppliers (Lawyers, paralegals, Legal BSPs) in this market are adaptive and innovative and are able to proactivel­y respond to the continuous­ly changing market dynamism. Ultimately, the umpire of this argument will be the question of what is more beneficial – for the majority of both lawyers, their clients and the global community? What will ensure the continuous independen­ce of the lawyers’ role and the protection of clients’ need. Again, I will quote Felicia Kemi Segun on ACAS-Law’s recent combinatio­n with Dentons, "Our combinatio­n with Dentons means that our clients benefit from continuing to be served by Lawyers that they know and trust, while also having access to an unrivalled talent pool around the globe".

Breaking the shackles off lady justice, is an interrogat­ion of a framework to provide law firms with adequate freedom to develop in line with market requiremen­ts. If that is not guaranteed, law firms may in the end lose out against legal providers that are nimble. Continuous rigidity may lead to stagnation, or slow paced progressio­n of a beloved profession.

“TO MY MIND, WHAT THE LAW NEEDS NOW IS A DOSE OF FREEDOM”

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