FCCPC just won a court case that puts Nigeria’s ₦400bn+ digital lending industry back under its thumb and MTN, Airtel, and every loan app in the country just felt it.
Here’s what actually happened.👇
@GloWorld@GloWorld you guys are quite annoying, I haven't received the airtime I purchased since 2:45pm, after making transfer to squad check out. Pls you need to do something
@jurist_oriko I interned at his firm at Ibadan, when it comes to attention to details, he doesn't joke with that and that's one of the traits which makes him rank among the very best SAN's in this country.
Some judgments end a case. Others become part of legal folklore. After reading this one, I suspect many lawyers will think twice before filing anything remotely similar.
Legal practitioners in Nigeria pay yearly to earn the right to practice their profession. To be able to practice law this year,I have paid nothing less than #20,000 to the Nigerian Bar Association. Studying law in the university wasn't a tea party. My beloved father paid through his nose for 5 years and sold his cars to see me throughout the Nigerian Law School. Today, I still have to pay an annual practicing fee to be able to practice the legal profession. As a lawyer in active private practice,I know how much I spend on subscription to online law reports, papers, repairs of working tools, courses and conferences.
The branding and running of my law firm costs a fortune, and being active online to create legal content is expensive. Buying fuel to cars for easy mobility and wearing good attires are very necessary which cost huge money in this economy.
That's why I will never agree with anyone who says lawyers are too expensive for the services they render or why should a lawyer collect 10% of the consideration in a property transaction for the preparation of a deed?. Imagine investing a huge amount to learn a skill and having to pay annually to earn and survive with the same skill.
Do some clients even know lawyers have dependants and dreams to financ, too?
Are they aware that law practice is a business itself and we have invested so much to be called " lawyers"?
Are they informed that a lawyer's time and advice are his stock in trade?
Do they not know that lawyers' fee are also determined by the economy of the country where they practice? If inflation surges, lawyers' fees skyrocket, too. Of course, this is business, and what happens in business is the exchange of value for value. One thing is sure: Whether now or later,you go pay lawyer!!!
We lawyers use consultation fees to determine how serious you are about your case and whether you have the means to pay for our services. A consultation fee also helps to weed out those just searching for free legal advice. Attorneys spend a lot of time, effort, and money to gain their expertise and knowledge, and a good consultation provides the client with valuable information. During consultations, we regularly tell prospective clients our services are not needed if we find that to be the case.
Hence, if you want me to take you seriously as a legal professional, come correct. After briefing me, don't ghost me when I commence discussion on professional fees. You can also meet or consult another lawyer if my rate is too high for you; one thing I will never do is overcharge or undercharge my worth. My competence is undeniable and irresistible, and for me to put all my all to solve a client's problem, the client must have furnished a good consideration. Nothing is free, even in Freetown.
Rahma cares ✍️ ❤️.