Industries

New
Technology Law Firm

As a leading Technology Law Firm in Nigeria, our Tech Lawyers understand how new technologies and business models disrupt industries and everyday life worldwide. We assist companies in identifying legal risks and navigating the legal boundaries their technologies and models must operate within. Our team provides guidance on “go-to-market” preparations, licensing issues, consultations with regulators, onboarding processes with credit institutions, and compliance procedures.

Overview

As a trusted Tech Law Firm and Startup and Technology Law Firm, we understand that, in most cases, there are no easily recognizable regulations governing new technologies or innovative business models. Pre-existing regulations often hinder the realization of groundbreaking business ideas or impose rigid, disproportionate obligations that may not align with emerging innovations. This makes it essential to navigate existing regulations effectively or even advocate for legislative changes.

Our experienced Technology Lawyers and Tech Attorneys help businesses assess whether relevant legislation exists, how it applies to their specific business model, what to expect, and whether current laws favor certain models over others.

 

Services Include:

Blockchain & Cryptocurrencies
  • Anti-Money Laundering (AML) and Know-Your-Customer (KYC) rules 
  • Cryptocurrency – e-wallets, exchanges, and transactions
  • Blockchain technology applications
  • Initial coin offerings (ICOs)
  • Cryptocurrency gambling
  • Financial services regulation
  • Payment service and e-money institutions
  • Peer-to-Peer (P2P) debt and equity financing
  • Crowdfunding and -investing
  • Corporate contributions to share capital in cryptocurrency
  • Tax and VAT advise in the cryptocurrency or token sale domain
  • Capital markets regulation
  • Data protection
  • Intellectual property
  • Advice on application of data protection law
  • Legal advice on creation of online privacy policies
  • Legal advice on transfer of personal data to third countries
  • Legal advice on targeted marketing
  • Legal advice for providers and customers of cloud services and issues of automated gathering of data in the “internet of things”
  • Advice related to violation of privacy and infringement of personal interests on the internet
  • Legal advice in connection with processing of personal data gathered on the basis of visual monitoring or geolocation
  • Advice on processing of personal data in telemedic
  • Advice on legal structures for online payments and mobile payments
  • Legal advice on cross-border payment services
  • Advice on legal structures for payment services conducted in real time
  • Legal advice on hybrid payment services (payment services combined with other products, e.g. consumer credit or loyalty programmes)
  • Advice on legal structures for virtual currencies (including currency used in online games)
  • Tax advice on legal structures connected with innovative payment solutions.
  • Legal advice on increasing the level of cybersecurity and preventing cybersecurity violations, including: 

    • Identification of threats and the areas of business operations most exposed to threats (vital areas for the client’s operations, involving trade secrets, personal data and the like)
    • Advice on creation and improvement of security policies for IT systems, in cooperation with top IT and security experts
  • Advice on creation of mechanisms to prevent threats and monitor compliance with IT security policies and procedures for responding to irregularities
  • Advice on implementation of legal requirements in the area of cybersecurity, protection of critical infrastructure, duties to report incidents of cybersecurity violations, and contacts with administrative and law-enforcement authorities in cybersecurity cases.
  • Advice on rules for clients’ cooperation with other entities in cybersecurity matters, information exchange, joint response, detection, and application of remedial and reconstruction measures
  • Response to incidents of cybersecurity violations, cyber attacks, cyber terrorism, malware, spying, theft and extortion of data, and other types of violations and offences: 
    • Legal advice for clients injured by cyber attacks or other unlawful online activity, including: 
      • Conducting internal investigations to determine the course of events and secure evidence (in cooperation with experts in IT forensics)
      • Establishing the strategy for external action in connection with discovered incidents
    • Representing clients in criminal, administrative and civil proceedings to remove threats, redress losses and hold responsible the perpetrators of computer crimes and offences committed using IT infrastructure or malware, as well as persons guilty of negligence. We coordinate measures across numerous jurisdictions aimed at countering the effects of cyber offences (e.g. theft of data, bank transfer fraud, securing evidence, and recovering lost funds). We are experienced at coordinating such measures for parties injured by bank transfer frauds involving business email compromise schemes
  • Comprehensive advice on creation of legal structures for offering services online (e.g. drafting terms of use, privacy policy, and agreements with subcontractors)
  • Advice on legal aspects of online marketing, including targeted marketing
  • Advice on loyalty programmes in e-commerce
  • Advice on cookies policies
  • Advice on legal structures for online payments
  • Advice on regulatory requirements  for presentation of goods and services
  • Legal advice for online content providers (e.g. copyright protection and liability of the supplier of electronic services).
  • Advice on negotiating and drafting software agreements
  • Advice on creation of legal structures for IT outsourcing by financial institutions
  • Regulatory advice in connection with data collection and processing services in IT systems (big data, cloud computing)
  • Advice on disputes concerning implementation of IT systems
  • Advice on disputes involving infringement of economic copyright to software and use of software in violation of the licence
  • Advice on disputes arising out of unauthorised release of data in IT systems.

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