ESQ Legal Practice Magazine JUNE 2014 EDITION | Page 72

selves to periodic negotiations to progressively eliminate barriers to international trade in services without requiring further approval from other member States. Indeed, Article 19 of the agreement compels members to enter into negotiations of specific commitments, directed to the reduction or elimination of the adverse effects on trade in services of measures as a means of providing effective market access. The agreement is made up of binding rules for trade in all commercial services, with the aim of promoting growth by removing barriers and attracting foreign investment by opening regulated services to international competition. Its benefits have however not gone without critical appraisal, especially in its impact on developing nations. Indeed, the possibility of adverse consequences of globalization has made the need for capacity building for Nigerian Lawyers very compelling. Citing caution, Jumoke Akinjide noted that: Some progress has been made by the introduction of new and globally relevant subjects of training in the Universities and at the Nigerian Law School. There are still a lot of grounds to cover however. Our pace of breaking-in needs to be quickened. The truth is that, the world is moving fast and we must keep in pace. need to proceed cautiously, bearing in mind the importance of our national interest is imperative. But that should not impede the need to be prepared to ensure that our national Bar is well equipped to compete favourably, if not equally with lawyers from other jurisdictions taking advantage of globalization. Without doubt, the incursion of globalization has made it mandatory that legal training must embrace subjects, that will ensure that our lawyers are trained to be functionally relevant beyond our borders. Capacity building is therefore imperative for those charged wi