Nigeria is endowed with a lot of natural resources. These rich minerals are not the only thing Nigeria is blessed with. Nigeria is also blessed with a large population which translates to a great work force.
A large chunk of the Nigerian workforce is made up of lawyers. This set of people are very learned and are considered some of the most intelligent people in the country.
Due to the large number of lawyers in Nigeria, there are equally many law firms established to employ this lawyers. While these law firm s meet a need by employing a number of lawyers that make up the Nigerian workforce, some of them pay more than others. As a result of this, they are more desired.
This article contains the list of the best paying law firms in Nigeria and estimates of how much they pay.
These law firms are;
Aluko and Oyebode
Aluko and Oyebode is one of the foremost law firms in Nigeria. It has a staff strength of over 150 of which 70 are lawyers. These prestigious law firm is known for the world class services it provides to both local and international clients.
Aluko and Oyebode was founded in 1993 by Gbenga Oyebode and Bankole Olumide Aluko. This highly respected law firm started out in Lagos and has expanded into three offices. While its head office is in Lagos, its other offices are in Abuja and Port-Harcourt.
At entry level, layers attached to Aluko and Oyebode earn a monthly salary of N100, 000.
Banwo & Ighodalo
This reputable law firm is one of the most respected in the country. It is located at 98 Awolowo Rd, Ikoyi, Lagos. Banwo and Ighodalo was founded in February, 1991 by Femi Olubanwo and Awe Ighodalo. The firm operates in partnership with Kenneth Etim, Abimbola Akeredolu, Ayotunde Owoigbe, Stella Duru and Kehinde Ojuawo.
Solutions provided by Banwo and Ighodalo are known for being perfectly timed and competent. Some top clients of this legal firm are Stambic IBTC and Endemol international.
If you are interested in working in this firm, chances that you will be paid N100,000 are entry level are very high.
Olaniwun Ajayi LP
Olaniwun Ajayi Lp is a law firm with some of the smartest and proactive lawyers in the country working in its chambers. Olaniwun Ajayi Lp has been a source of legal advice to foreign investors and firms that are new to the Nigerian system of doing business. It is known for representing Airtel Nigeria in a couple of disputes as regards the purchase and the sale of shares.
At entry level, lawyers in this firm earn a monthly salary of N90, 000.
Adepetun Caxton Martins Agbor and Segun
Adepetun Caxton Martins Agbor and Segun was established in 1991.This law firm is well known in the legal sector for the high quality it offers. Some of its strengths are helping international companies with restructuring. Adepetun Caxton Martins Agbor and Segun also seems to have the ability to anticipate new government policies. With this ability, this law firm is able to give very good legal advice.
New workers at the law firm earn a salary of N70, 000 monthly. This is bound to grow as the lawyer gets more experienced.
With its head office at 1 marble house, 7th floor, Kingsway Road, Ikoyi, Eti Osa, Lagos. Aelex is one of the biggest and most successful law firms in Nigeria. It has offices in Lagos, Port-Harcourt and Abuja. Apart from its offices in Nigeria, Aelex has offices out of Nigeria. It has an office at Accra, Ghana.
One of the biggest clients of this law firm so far is IBM.
Aelex pays its newly employed workers a monthly salary of N80, 000.
Templars is located at Marinho Drive, Victoria Island, Lagos. This law firm has 10 partners and 72 lawyers working with it. Templars is one of the law firms commonly patronized by top financial institutions in Nigeria. The list of Templar’s clients is topped by some of the leading banks in Nigeria. Other companies that consult with this law firm are shipping companies, hotels and energy firms.
At entry level, lawyers at Templars earn a monthly salary of N100, 000.
Ajumogobia and Okeke
Ajumogbia and Okeke is one of the established law firms in the Nigeria legal sector. It is one of the leading commercial law firms in Nigeria with its Lagos office located at Sterling Tower, 2nd floor, Marina Street, Marina Lagos. It also has offices in Abuja and Port-Harcourt.
Due to some reasons, Ajumogobia and Okeke were off the field of the legal sector for a while. Therefore, with the return of some of its top partners from political assignments, this law firm is being restructured.
Ajumogobia and Okeke pas its newly employed workers about N90, 000 monthly.
Abdulahi, Taiwo& Co
Established in 1976, Abdulahi, Taiwo and Co is one of the law firms in Nigeria that is very successful at handling cases involving real estate mandates and IP. It is located at Goodwill House, 278 Ikorodu Road, Yaba, Lagos.
Abdulahi, Taiwo $ Co usual offers legal advice to international firms looking to carry out business in Nigeria.
At entry level, lawyers at Abdulahi, Taiwo & Co earn a salary of 75,000 monthly.
Udo Udoma and Bello Osagie
This legal firm is located at St Nicholas House (10th and 13th floors) Catholic mission street, Lagos. It is a commercial law firm and has its offices in major cities in Nigeria.
Some of this legal firm’s top clients are UAC, IFC and Tiger brands.
Udo Udoma& Bello Osagie pay its freshly employed lawyers about N75, 000 monthly. This salary increase as the lawyer gets better on the job.
Gani Fawehinmi Chambers
Gani Fawehinmi chambers is located at no 35 Adeniran Ajao Road, Ajao Estate, Anthony Village, Lagos. It was founded by the late Chief Abdul- Ganiyu Oyesola Fawehinmi. This is one of the oldest chambers in Nigeria. It is known to have handled cases for individuals from all walks of life. Although once a top legal firm, Gani Fawehinmi chambers is not what it used to be prior to the death of its founder.
New layers employed at this chambers get a month salary of about N50, 000.
Two major determinants of how much a law firm pays a lawyer are the location of the law firm and the bargaining power of the lawyer. Law firms that are located in better environments pay better than those is not very good environments