The New Practice (TNP) acquires Adebiyi Tax & Legal, collaborates with Andersen Global |Kabbiz Analysis

The New Practice (TNP) acquires Adebiyi Tax & Legal, Collaborates with Andersen Global.

The New Practice has acquired the tax practice of ATL, a leading tax disputes resolution law firm.

In a recent announcement, Lagos-based commercial law firm, The New Practice [TNP] announced the acquisition of a tax law firm, Adebiyi Tax & Legal (ATL) Nigeria’s tax practice. The press release from the TNP’s website reads as follows:

TNP is pleased to announce its acquisition of Adebiyi Tax & Legal (ATL) Nigeria’s tax practice, with effect from 1st March, 2020.In addition to its impressive track record of resolving tax disputes on behalf of its numerous clients, which include multinationals and local blue-chips, ATL has obtained several landmark tax judgments that have effectively saved clients billions of Naira worth of tax liabilities.

Below is an image bearing the press release from TNP:

Image courtesy: TNP LinkedIn page

Furthermore, you can read the press release from the TNP website here.

Our Analysis of TNP’s new acquisition of ATL law firm’s tax practice

Looking at this from a marketing/business development angle, the news by TNP is one to be embraced and deeply scrutinized by law firm managers, senior-level partners and practice developers.

Today’s law firms are deeply interested in gaining more market share, building visibility, collaborating with other (local and international) law firms, all to improve their long-term profitability. Law firms of today are also interested in becoming more competitive and better positioned to service their clients across various sectors of the working business economy.

“Because of this need to become competitive and gain stronger long-term advantage and market share, law firm managers and partners often sit at the round table and draw up strategies on how best to stake their claim and gain a strong share of their target market,” says Kingsley Ani, head of legal research and business development, Kabbiz.

“Our law firms now tend to do the things and develop practice models that will better fit their business development strategies, and if it is through law firm mergers (prime example, Aelex law firm), acquisitions (The New Practice and their acquisition of Adebiyi Tax & Legal), or international practice memberships of local actors acting for foreign law firms in their home jurisdictions due to practice limitations and regulatory differences (prime example, Olajide Oyewole LLP becoming a local member of DLA Piper Africa).”

It should be noted that The New Practice has recently collaborated with Andersen Global, a leading specialist tax advisory Swiss Verein with their Nigerian operations operating as Andersen Tax LP.

Andersen Global cited their collaboration with The New Practice as a way to increase the organization’s “global footprint in Africa and strengthening its presence in Nigeria”.

“We are driven by the firm belief in doing things better and exploring new ways to deliver results and solutions to our clients, which is why we feel so strongly about our collaboration with Andersen Global,” Baba Alokolaro, TNP’s managing partner, is quoted as saying in a press release.

Like we earlier pointed out, this new acquisition of the tax advisory practice of ATL and their collaboration with Andersen Global has strengthened The New Practice’s core positioning for tax offerings in their target Nigerian market, with enough elbow room to cross-collaborate for cross-border work due to their alliance with Andersen Global.

We do hope more Nigerian law firms develop stronger positioning strategies to enable more strongly compete.


Kingsley Ani is a corporate lawyer and heads Kabbiz’s external legal research efforts.

For more information about Kabbiz’s marketing services, email us on

Related Posts


Benefits of SEO for lawyers and law firms – Kabbiz Legal

The benefits of SEO for lawyers and legal services providers. SEO is very important for lawyers.


SimmonsCooper Partners Advocacy Program (SCAD) | Lessons for corporate law firms

Over the years, there have been initiatives started up by different organizations and firms both at the local and international level which are all geared towards encouraging excellence and academic drive amongst students studying across the different institutions of higher learning spread across Nigeria. Generally, there is no distinguishing factor between all these initiatives, since […]

The Business of Law and the Future of Law: A Convergence | Opinion – Kabbiz

Lawyers are steeped in precedent. Lawyers love reusing past precedents, and this has extended to the practice of Law. Lawyers and law firms love the brick-and-mortar approach where exclusivity of technical knowledge, reliance on long experience and conservativeness of the profession is the bane and the leading mantra. But things are changing. Two schools of […]

Primus Grace LP Virtual Legal Internship in Focus

Virtual law firm internships will become a new normal? Law firms have always been happy to open their doors to legal interns who wish to undertake assignment-based legal internships where they are exposed to hands-on legal work in a real law firm environment. This enables these legal interns to have some much needed hands-on experience […]

Legal Marketing & Attorney Marketing Guide[Updated 2020 for Covid-19]

Law Firm and Attorney Marketing: A 21st Century Guide is a definitive guide to doing law firm business, packed with strategies, stories and theories on legal marketing drawn from extensive personal experience and research. Law firm marketing is not set in stone, and for that, we introduce the definitive guide for law firms doing business […]

Open chat

This is the Kabbiz WhatsApp Chat Service. Chat us up and let's know how we can help you today. 👍
%d bloggers like this: