The ALB Japan Law Awards 2008, sponsored by Asian Legal Business (ALB), was held at The Ritz-Carlton Tokyo, and Nagashima Ohno & Tsunematsu ("NO&T") won the following awards:

- Dispute Resolution Law Firm of the Year
- Real Estate Deal of the Year:
LCP REIT Acquisition from GE Real Estate
- Securitisation Deal of the Year:
Softbank Mobile Instalment Receivables
- Debt Market Deal of the Year:
GE Capital Corporation JPY Bonds
- Equity Market Deal of the Year:
Global IPO – Sony Financial Holdings
- Japanese Deal Team of the Year: M&A
- Japanese Deal Firm of the Year