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Why Big Law is Betting Big on Africa

July 28, 2017, Bloomberg Law

Witney Schneidman is quoted in a Bloomberg Law article regarding the opportunities stemming from Africa's legal market. "[Covington] understands that many of its client’s issues aren’t legal issues,” says Schneidman. “In many respects, it’s best to stay out of the courts.” In Nigeria, it can take seven years for the Supreme Court to issue a decision, and "[if] you can get an amicable resolution it can be in everyone’s interest.” However, Schneidman adds, “Africa needs 95 billion dollars a year to address this infrastructure deficit. As these resources become available, there’s a tremendous need for law firms to do the different contracts and other aspects that are required for power purchase agreements in the power sector."

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