It has been revealed that most UK legal firms partner with their Tanzanian counterparts due to the fact that elements of the legal system in the latter country are based on the common law and therefore they are most attractive to firms in the former.
Speaking in an exclusive interview after the forging of partnership between Clyde & Co of the UK and Ako Law in Dar es Salaam recently, the former firm’s Legal Director Peter Kasanda said Tanzania has always had a robust legal system that attracts foreign legal firms especially the UK ones.
“We are proud to be a part of this and to support the institutions working towards upholding outstanding service in the public and private sectors. Clyde & Co have had an interest in Tanzania for over 15 years and consider themselves supporters of all efforts in the development of the legal system in this country,” he said.
He said Clyde & Co is a global law firm with 1,400 lawyers in 30 offices, adding: “The depth of experience we have in every practice area gives us the ability to fulfill clients’ needs in this country and others. We may enter into strategic alliances in some countries as we have done in Mongolia and Zimbabwe. For now the partnership we have with Ako provides an effective business solution.”
For his part, Clyde & Co Tanzania Managing Director Kibuta Ongwamuhana said they hope to grow over the coming years in order to support clients in various sectors. “We are currently based in Dar es Salaam but may adapt to the needs of clients so will not rule out opening office elsewhere if required.”
Ongwamuhana pointed out that Tanzania has always had a robust legal system. “We are proud to be a part of this and to support the institutions working towards upholding outstanding service in the public and private sectors”.
Clyde and Co’s Senior Partner Michael Payton said that they have partnered with Ako Law because the local firm knows the market better.
Payton disclosed that Tanzania is poised for significant growth in the coming years, largely stimulated by foreign direct investment in gas and other extractive industries and a series of planned infrastructure projects.
“The increased investment will increase the number of transactions taking place within the country. We are uniquely placed to advise clients on legal and commercial aspects of doing business in Africa,” he added.
Clyde & Co is a global law firm with a pioneering heritage and a resolute focus on its core sectors of aviation, energy, infrastructure, insurance, marine and trade. With over 1,400 lawyers operating from 30 offices and associated offices in six continents, the firm advises corporate, financial institutions, private individuals, and governments.