Dr Babalakin is the principal partner of Babalakin & Co. He attended the University of Lagos, Nigeria, where he obtained an LLB (Hons) in 1981. Thereafter, he proceeded to the University of Cambridge, where he obtained an LLM in 1983 and a PhD in 1986. He was a commonwealth scholar of the University of Cambridge, 1984-1986. Dr Wale Babalakin was admitted to the Nigerian Bar in 1982 and conferred with the rank of Senior Advocate of Nigeria in 2002.
He was also conferred with the national honour of officer of the federal republic (OFR), in February 2008. In 2007, he was appointed as the honorary special adviser on legal matters and general counsel to the former president of the federal republic of Nigeria, late Alhaji Musa Yar’dua. Dr Babalakin is a member of the body of benchers, which is the highest legal body regulating the affairs of legal practitioners in Nigeria. He has acted in high-profile commercial arbitrations proceedings and civil litigations in disputes arising from various sectors of the Nigerian economy. He has conducted trials and appeals in all our courts, from the courts of first to the Supreme Court in matters of significant constitutional national importance and equally in commercial transactions that cut across the entire gamut of Nigeria’s economy- construction, real estate, oil and gas, telecoms, maritime, aviation, banking and financing.
Dr Babalakin has worked with federal and several state governments in conceptualising transactions to support the development of infrastructure and investment in the country. He led the team of legal consultants to a state government for the building of an international airport in Nigeria, a multimillion-dollar project. He is currently leading the team representing a state government in an arbitration claim arising therefrom. Dr Babalakin led the team of lawyers who represented the Nigerian National Petroleum Corporation in a $100 million dollar claim in arbitral proceedings for the determination of contractual rights and obligations of the corporation. Dr Babalakin also led the team of lawyers in a landmark election petition case that resulted in the appointment of one of Nigeria’s senate presidents. He is a much sought-after speaker in the Nigerian legal profession and has presented so many papers at seminars, conferences and workshops in Nigeria and abroad on topical issues of law.