OAL, a leading Nigerian law firm has tied up with Capstone Legal a dispute resolution and corporate advisory law firm in India to provide legal services to international clients. This is a first tie-up between a Nigerian and an
Indian law firm to collaboratively provide legal services which involve multiple jurisdictions.
OAL is one of Nigeria’s top law firms which provides services in dispute resolution, debt recovery and commercial law. OAL is a leading legal service provider in areas concerning maritime law, regulatory and compliance in Nigeria and international disputes.
Capstone Legal counts leading companies such as ACC, HCL Infosystems, Ultratech, Bharti Infratel and the Jaipur Literature Festival among its clients is considered to be one of the fastest growing law firms in India. It was
recently acknowledged in a report by Singapore Academy of Law as law firm providing innovative legal services.
Speaking about the alliance, Dr. Olisa Agbakoba, SAN said, "The Synergy between the two leading law firms of Olisa Agbakoba Legal (OAL) and Capstone Legal is a very significant development in the context of growing
Indo-Nigerian trade and bilateral relations which is now topping US$10 Billion annually."
Speaking for Capstone Legal, Vagish Kumar Singh, managing partner of the firm said, “For us a tie-up with OAL strengthens our international practice and we believe that there is a need for quality legal services involving a
combination of Nigerian and Indian law”.
According the representatives of both firms, the alliance will be particularly beneficial to companies from both jurosdictions that have business interests in Nigeria and India, as well as for companies who want to enter in the
OAL offers innovative client-focused legal solutions to all sectors in Nigeria’s emerging economy. OAL has represented major commercial banks, top government financial institutions such as the Asset Management
Corporation of Nigeria and the Central Bank of Nigeria and other corporate organizations in various commercial transactions involving negotiations, litigation and arbitration, both locally and internationally. The firm's practice areas cuts across commercial litigation, maritime, arbitration, debt recovery and insolvency, development and public interest law, as well as sports, entertainment and technology.
Started in 2012 by two National Law School of India University (NLSIU) alumni Ashish and Vagish, today the firm has 14 fee earners. The firm specializes in cross border disputes, execution of arbitral awards in India
and corporate advisory. Recently, Capstone Legal has engaged Amit Popat as its Global Leadership Consultant with the focus of starting a full time office in London for its international law firm clients.
With the collaboration structured in the form of a “Best Friends Agreement” (BFA) /“Memorandum of Understanding” (MOU), both law firms will be able to attract/provide legal services to new clients in respective jurisdictions.