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Law firms were ‘proud’ and ‘thrilled’ to work on Waberer’s IPO

 Christian Keszthelyi

 Wednesday, July 26, 2017, 12:27

According to CEE Legal Matters, Lakatos, Koves and Partners (LKT) provided Hungarian law advice to Mid Europa Partners in relation to the IPO of Waberer’s International Nyrt. The legal specialist publication adds that White & Case acted as international legal advisor, and Shearman & Sterling and Kinstellar represented the mandated lead arrangers.

Trading at the Budapest Stock Exchange (BSE) in the shares of Waberer’s International, one of Europe’s biggest long-haul transportation companies, started on July 6 in the Equities Prime category. Priced at HUF 5,100 per share, and valued at HUF 90.2 billion, this transaction marks Budapest’s biggest stock market debut in nearly two decades. With this market capitalization, the company is the sixth largest on the Budapest bourse. 

LKT’s team, comprising Péter Lakatos (managing partner), Pál Rahóty (counsel), Balázs Fazakas, Judit Zalán-Lipák, Balázs Kántor and Gyula Rátz (associates) advised on all Hungarian law aspects throughout the IPO process, including advice in relation to the preparation of the stock exchange prospectus and assistance in the regulatory approval and BSE listing processes, according to a statement LKT sent to the Budapest Business Journal.

“We are proud that our team was able to contribute to the successful listing of Waberer’s shares on the Budapest Stock Exchange,” said LKT lead partner Péter Lakatos. “We also helped to develop the Hungarian regulatory environment and practice to enable the implementation of recently developed market solution on the Budapest market. Our team’s diligence contributed to the timely completion of all legal steps in this complicated and time critical capital markets project,” he added.

Kinstellar, which describes itself as “Emerging Europe and Central Asia’s leading independent law firm”, acted as Hungarian legal counsel to Berenberg, Erste Group, Citigroup, and Renaissance Capital as joint global coordinators and joint bookrunners through the IPO, according to press release it sent to the BBJ.

The Kinstellar team was led by the Budapest office’s managing partner Csilla Andrékó, and managing associate and capital markets specialist Ákos Mátés-Lányi. “We are thrilled to have advised the joint global coordinators and joint bookrunners on this landmark transaction which represents a major milestone for Waberer’s strategic growth and may give a shot in the arm to the Hungarian market currently dominated by four blue-chip stocks,” said Andrékó.

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Pick Law is Pleased to Announce the Opening of its Las Vegas Office

Pick Law is celebrating the launch of their new location which represents victims of elder abuse and neglect and handles personal injury cases in Las Vegas, Nevada. Further information can be found at https://picklaw.com/.

Pick Law is pleased to announce the opening of its Las Vegas branch. The firm focuses on representing victims of elder abuse and neglect as well as handles personal injury cases. Pick Law is excited to have its new location which opened at 1404 South Jones Boulevard, Las Vegas, Nevada 89146.

Pick Law was exclusively based in San Diego, California and opened its new branch in Las Vegas because it saw a need that was not being met properly for Las Vegas residents regarding problems with abuse and neglect of the elderly in the community. Pick Law has been representing elderly victims of abuse and neglect and doing personal injury cases since 2010 and looks forward to helping Las Vegas residents with these same types of issues.

Lukas Pick, owner of Pick Law says, “We are excited to work with the Las Vegas community with the launch of our new our location. There was simply a need that needed to be fulfilled in Las Vegas as not very many law firms in Las Vegas are handling these types of cases. So I decided to take the Nevada bar exam with the hope of making a difference in Las Vegas in helping the elderly who need our help. It is our goal to fill the gap that was missing as we have done in the San Diego area since 2010.”

Pick Law has always made a point of standing out when compared to other law firms that practice in the same area. In San Diego, Lukas Pick was given the award of Super Lawyer Rising Star and in 2010 was the Top Young Attorney Nominee.

This will be a great change for Las Vegas, Nevada residents as it will make the community a better place for the elderly and support a hard working local business.

Pick Law has served hundreds of clients in Southern California and is just getting started in the Las Vegas area but the results it has received so far are already outstanding.

Lukas Pick also said, “While Pick Law may not be the only business with this kind of experience, local residents are choosing Pick Law because I have a proven track record of providing results for my clients and I get the results that these clients need.”

Further information about Pick Law and how the firm represents victims of elder abuse and neglect can be discovered at https://picklaw.com/.

People can also learn more about Pick Law by visiting their social profiles on Facebook; Twitter; and Google Plus.

Contact Info:
Name: Lukas Pick
Organization: Pick Law | Elder Abuse Attorney Las Vegas
Address: 1404 South Jones Boulevard, Las Vegas, NV 89146, United States
Phone: +1-702-706-5596

For more information, please visit https://picklaw.com/

Source: PressCable

Release ID: 222264

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Asian-American Law School Enrollment Has Dropped More Than 40 Percent: Study

People often think of Asian-Americans as doctors or lawyers, but the group hasn’t been flocking to law school in recent years, new research shows. 

The first comprehensive study on Asian-Americans in law, released earlier this month, revealed that the group’s first-year enrollment rate in law school has declined more than any other race. In fact, the number of Asian-Americans who entered law school in 2016 dipped down to the lowest it’s been in more than two decades. 

“It does mean that the growth of Asian-Americans going into the profession is going to be slower … so this is worrisome.” Justice Goodwin Liu, who co-authored the study, told HuffPost.  

Liu said that there could be real consequences to the decline in Asian-American professionals in law as “the decisions that are made in these contexts benefit from the experiences of people of all the different backgrounds that make up this country.”

Researchers examined Asian-Americans’ trajectory within the legal field. While the number of Asian-Americans in law had quadrupled over the past three decades, first-year enrollment has fallen by more than 40 percent since 2009. 

Co-author Xiaonan April Hu told HuffPost it’s possible that the recession could have impacted Asian-Americans’ decisions to go to law school as major law firms were accepting fewer summer associates and giving out fewer offers at the time. Perhaps Asian-Americans believed law wouldn’t give them the financial stability that the profession was thought to have, Hu said. 

Liu says that while the decline isn’t dire, it’s definitely concerning. Currently, Asians are the fastest-growing racial group in the U.S. And Liu believes that when the legal field or any other institution is more representative of society, it gains legitimacy. He also brought up that having more perspectives and diversity in law, like other industries, is beneficial particularly when discussing discriminatory policies. 

“What would it had been like if the question of Japanese internment had come up in a society where there were Asian-Americans at the table?” he noted to HuffPost. 

Another key finding in the report highlighted a clear “bamboo ceiling” in the industry. The group represents 10.3 percent of graduates from the nation’s top law schools, however few make it to top leadership positions. In law firms, they are less well represented at the management level compared to all other racial groups. In terms of prosecutors, there are only 3 Asian-Americans serving as U.S. attorneys. And as of 2014, there are only four working as elected district attorneys.

The group wasn’t represented much more among judges, either. They make up about 3 percent of the federal judiciary and comprise 2 percent of state judges. 

Many of the respondents reported that implicit bias and stereotypes proved to be barriers to climbing up in the legal world. Hu explained that many respondents indicated that Asians are associated with being hardworking, responsible, logical, careful and quiet, and these stereotypes hurt them in the long run. In the legal profession, “calculated aggression” in a litigator is highly desirable, she said. 

“As an Asian American litigator, you might not be passive or uncreative, but that’s the impression people will have of you, and overcoming that is part of the challenge facing AAPI attorneys today,” Hu told HuffPost. “There is something about the model minority stereotype that runs counter to what people expect a lawyer to look like.”

Other participants noted inadequate access to mentors and contacts prevented them from career advancement. Hu mentioned it’s possible that stereotypes could have affected other professionals’ outlook, making them less willing to take an Asian-American attorney under their wing ― especially when left with little extra time and energy. She added that with the overwhelming majority of Asian-Americans coming from families with no lawyers as parents, it’s also likely that first-generation lawyers experienced more difficulty navigating the field and forging professional relationships. 

Mental health was also examined in the study, and Asian-Americans lawyers experienced higher rates of anxiety, depression, and panic attacks than the legal profession as a whole. More than half of those who reported mental health challenges didn’t seek help. While some of these issues could be tied to career stagnation or discrimination, Hu said more research must be done to determine why the minority group experiences these higher rates.

Going forward, the study’s authors hope their work will influence those in the profession to zero in on issues like upward mobility and mental health that disproportionately affect the community. Further research must be done to better understand the underlying causes of many of these findings. But to start, Hu says it’s important for employers to assess their own biases and create an environment where Asian-Americans feel it’s appropriate to express their concerns. 

“We’ve presented the landscape; the question now is what will employers and employees do with this information?”

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Judge Receives Inaugural Award from Penn Law

Harold Berger was used to the questions.

As the only Jewish student in Archbald High School in Lackawanna County, he understood his classmates’ curiosity.

Harold Berger

“It was wonderful being the only Jew. I thought it was a great experience,” he said, although he admitted, “we had to go to my grandmother’s house for all the Jewish holidays and to synagogue in a bigger town over.”

A Catholic peer posited a question to the young Berger. “Harold, what do you think about Jesus?” the boy asked. “Jesus? I love Jesus,” was the reply. “He’s one of the greatest Jews ever, Jesus and Moses.”

Berger left the small town for the University of Pennsylvania’s School of Engineering and Applied Science, graduating in 1948 before attending Penn’s School of Law.

The former Philadelphia Common Pleas Court judge was honored May 12 with the inaugural Lifetime Commitment Award from Penn Law.

“I’ve been active in the law school since the day I graduated,” he remembered with a laugh. “I’ve been the chair of the reunions, I’m on the executive board of the Center for Ethics and the Rule of Law, and I’m a part of the Friends of Biddle Law Library.”

Berger, 92, said that although he always knew he wanted to attend law school, he decided to first get his degree in engineering, not business.

“I had an interest in the technical era we were entering,” he explained. “I thought it would be a good background for law school. It was an interesting educational experience.”

After law school, Berger and his older brother began the law firm that still operates as Berger & Montague, P.C.

“When I got out of law school, there was a bias against Jewish lawyers entering big firms,” he said. “A lot of Jewish lawyers entered small firms or practiced by themselves.”

Berger still works as senior partner and managing principal of Berger & Montague and has offered guidance on a number of high-profile cases. During the aftermath of the Three Mile Island nuclear incident, he worked as a liaison counsel. He also served on the case-management committee after the Exxon Valdez oil spill.

Outside of the courtroom, Berger takes pride in his philanthropic ventures. He is an honorary trustee of the Jewish Federation of Greater Philadelphia and works with many Jewish charities, including Jewish Learning Venture, the National Museum of American Jewish History, the Anti-Defamation League and HIAS.

He noted such charities, especially the Jewish Federation, “keep the entire Jewish community together, informed and active. It’s important to help needy Jews, elderly Jews, sick Jews, a lot of whom have no other options. HAIS and Jewish Learning Venture are tremendously important to me.”

Berger attends synagogue at Germantown Jewish Centre, where he has belonged since moving to Philadelphia as a young adult.

In addition to the Penn Law award, Berger received the 2014 Lifetime Achievement Award from the Legal Intelligencer and the Special Service Award of the Pennsylvania Conference of State Trial Judges.

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FCA to extend regulatory regime to 47,000 firms

UK financial watchdog rules set up to oversee bank bosses will also cover firms offering credit, costing them £550m

Businesses such as gyms will be among those included in the regulatory regime



Businesses such as gyms will be among those included in the regulatory regime.
Photograph: Bloomberg via Getty Images

FCA to extend regulatory regime to 47,000 firms

UK financial watchdog rules set up to oversee bank bosses will also cover firms offering credit, costing them £550m

A regulatory regime intended to crack down on the behaviour of bank bosses is to be extended to 47,000 firms including dentists, gyms and tool hire companies that offer credit to customers.

The Financial Conduct Authority estimated that the new regime would cost firms £550m, with up to £190m of ongoing costs for the firms involved.

It had been expected that the additional firms would be covered by the senior managers and certification regime (SMCR) from 2018, although the FCA’s consultation document does not indicate if this is still the timetable.

The SMCR came into force for almost 900 banks and building societies in March 2016 and was intended to tackle the fact that no bank bosses were held to account when their firms collapsed in 2008.

It requires the responsibilities of top managers to be spelt out and for them to certify their key staff are suitable for their roles. This certification must now happen annually, whereas under the previous system the FCA approved individuals only once, unless they moved roles.

The FCA’s consultation paper sets out five “conduct” rules for firms: act with integrity; act with due care, skill and diligence; be open and cooperative with regulators; pay due regard to customer interests and treat them fairly; and observe proper standards of market conduct.

The Treasury had called for the broadening of the new regime two years ago when it also dropped a plan to “reverse the burden of proof” for managers, which would have forced them to demonstrate they had done the right thing if wrongdoing emerged on their watch.

Marian Bloodworth, an employment partner at law firm Kemp Little, said: “The change will also mean the end of the FCA register for the majority of financial services employees … This has been a cause for concern for those in the existing regime already, as it means there is no publicly available list of advisers for customers to review.”

The FCA warned that some cost increases on firms will pass through to consumers in the form of higher prices, while senior managers “may demand bigger pay deals”.

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CIA’s China cyberattack analysis contradicts security firms

A senior CIA analyst said China is continuing to conduct aggressive cyberespionage operations against the U.S., contrary to claims by security experts who say Beijing curbed cyberattacks in the past few years.

“We know the Chinese are very active in targeting our government, U.S. industry and those of our partners through cyberespionage,” said Michael Collins, deputy assistant CIA director and head of the agency’s East Asia Mission Center.

“It’s a very real, big problem, and we need to do more about it,” Mr. Collins told a recent security conference in Aspen, Colorado.

Mr. Collins said solving the problem of Chinese cyberattacks will require an “all-of-government, all-of-country approach to pushing back against it.”

The comments contradict a number of cybersecurity experts who have said Beijing’s digital spying and information theft decreased sharply as a result of the 2015 agreement between President Obama and Chinese President Xi Jinping.

The two leaders announced the cyber deal with great fanfare and said both countries had agreed to curtail cyberespionage against businesses.

Last year, the cybersecurity firm FireEye said in a report that Chinese hacking against U.S. entities had declined by 90 percent over two years.

The most serious cyberattack by China was the theft of some 22 million federal records from the Office of Personnel Management. U.S. intelligence and security officials said the massive breach of OPM records likely produced an intelligence windfall for China’s main hacking unit, the 3rd Department of the People’s Liberation Army General Staff, known as 3PLA.

The OPM hack included sensitive personal information on tens of thousands of federal workers and contractors who have access to classified information.

According to intelligence experts, China is expected to use the stolen OPM data to target officials with access to secrets, along with targeting network administrators throughout government who can be hacked as part of cyberoperations designed to break into sensitive government networks.

SOCOM CHIEF ON BIN LADEN KILLING

The commander of the Special Operations Command who took part in the effort to kill al Qaeda’s Osama bin Laden said the death of the terrorist leader was a landmark event but did not end the global war on terrorism.

Speaking at a security forum in Aspen, Colorado, Army Gen. Raymond A. “Tony” Thomas III said he was forward-deployed near Pakistan when Navy SEALs conducted the May 2, 2011, raid on a compound in Abbottabad, Pakistan, when bin Laden was shot.

“Truthfully, at the time, it seemed incredibly cathartic, and in fact when I think of hearing, you know, the code word ‘Geronimo,’ which is in too many books and movies, I was actually flushed thinking, ‘Man, it’s been a long 10 years. A lot of hard work went into this,’” Gen. Thomas recalled.

Geronimo was the code word used by the commandos to signal that the al Qaeda leader was either killed or captured.

“You know, it seemed like a seminal moment and, truthfully, it’s actually brought home I think the lesson that that was one guy, albeit a pretty powerful and symbolic guy, he’s one guy on top of a network. And if you don’t dismantle the whole network, if you don’t address the ideology, you’ve killed one guy,” he said.

The comments reflect some of the thinking that officials of the Trump administration say will guide counterterrorism operations designed to kill terrorist leaders and to address the radical Islamic ideology that motivates groups such as al Qaeda and the Islamic State.

During the Obama administration, political correctness and fears of creating a backlash against Islam prevented effective efforts to target the terrorist ideology. The Trump administration has vowed to do more to attack the Islamists’ ideology as something that ultimately will produce the defeat of terrorist groups.

Gen. Thomas emphasized that the lesson of the long, difficult intelligence and military effort to kill bin Laden didn’t translate into solving the problem of terrorism.

“To me, it was needful it had happened. I think it was good for the country to know that we would relentlessly pursue somebody who had attacked us,” he said. “But the reality is it was just another steppingstone in this kind of epic fight that we’ve been at.”

Addressing the fate of Abu Bakr al-Baghdadi, Gen. Thomas said the Islamic State leader remains the iconic head of the terrorist group and is absolutely relevant to the organization.

Despite al-Baghdadi’s silence in recent weeks, the four-star general said he does not believe the Islamic State leader was killed, as Russian reports have stated.

“He’s been an utterly ineffective leader by our assessment, if at all, as opposed to [al Qaeda leader Aymen] Zawahri, who’s still trying to hold on in the al Qaeda time framework,” he said.

“Al-Baghdadi, literally, [we] had not heard peeps from him,” Gen. Thomas said. “No, he’s not quite dead yet. He might be south of Raqqa.”

For U.S. special operations forces, al-Baghdadi remains a high-priority target, and commandos have been close to him in the past.

“The bottom line is we will get him eventually,” Gen. Thomas said. “It’s not safe for him on this earth for what he’s done and what his organization has done, but in the meantime we have absolutely dismantled his network.”

Overall, an estimated 60,000 to 70,000 of al-Baghdadi’s followers have been killed, especially his top aides, he said.

NSA WANTS RENEWED ELECTRONIC SPY AUTHORITY

As part of efforts to persuade Congress to renew the National Security Agency’s foreign electronic spying authority, Director of National Intelligence Daniel Coats recently revealed how the NSA took down a senior Islamic State leader. Mr. Coats said last week that he asked the NSA to declassify an example of how the agency has been successful in using Section 702 of the Foreign Intelligence Surveillance Act, which is set to expire this year unless lawmakers act.

Critics of electronic surveillance claim the spying power has been abused to gather intelligence on Americans. Congress is expected to approve new spying authority, but a robust debate and possible changes could be added.

“First of all, understand this is authorized collection against a foreign individual, a foreign target, as we by law cannot target a U.S. person whether they’re in the United States or whether they’re anywhere else in the world,” Mr. Coats said. “This is designed specifically and authorized specifically to go after a foreign target.”

Mr. Coats said the NSA was instrumental in locating a key Islamic State terrorist leader named Haji Imam, the group’s No. 2 leader.

“We had a $7 million bounty out there if someone could give us information as to his whereabouts,” Mr. Coats said. “For two years, NSA diligently, 24/7/365, was trying to find out how we could locate this guy. Finally they did. They located somebody who had a very close relationship with Haji.”

Through electronic means, the NSA located Haji and passed the information on to U.S. special operations commanders.

“We sent a special group out to take out Haji,” Mr. Coats said. “As they were approaching, they started to fire, got into a firefight, we were able to kill Haji, the No. 2 in ISIS, and that’s usually the operational guy. The No. 1 guy’s the propaganda guy, the leader, inspirational leader and so forth. Haji was a key, key person. That’s just one example.”

The imam was killed in early March and was regarded as a key Islamic State operative and finance chief.

The DNI said he had the incident declassified to better inform Congress and the public on the need to renew the Section 702 authority.

Mr. Coats, a former senator and onetime U.S. ambassador to Germany, said some of his former Senate colleagues have claimed falsely that the NSA is listening to all Americans’ cellphone calls.

“Well, there’s some 330 million Americans; that would take 330 million people 24 hours a day listening to whatever time, whenever you picked up your phone call.”

Intelligence officials have said the NSA is working on gathering statistics on how many Americans had their communications inadvertently swept up during the NSA’s overseas spying. However, the task of segregating out data on what the NSA terms “U.S. persons” — both people and companies whose identities by law are masked in communications interceptors — has been difficult because of the large amount of data gathered by the electronic spy service.

Contact Bill Gertz on Twitter via @BillGertz.

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71 Firms Bid For Deep Seaport, Superhighway Projects

Following the recent EIA approvals by the Federal Ministry of Environment for the Cross River State signature project, the Superhighway and the Bakassi deep seaport, over 71 companies are bidding to handle the projects.
Governor Ben Ayade, disclosed this shortly on his arrival from Abuja, at the Margaret Ekpo International Airport, Calabar.
His words, “the superhighway and deep seaport projects are in good progress. Only yesterday, there was a major opening of the bid and about 71 different companies bided. We are using this opportunity to call on EFCC, ICPC, NGOs and other organizations to please come and watch the bid evaluation process which will take about 10 days.”
Governor Ayade maintained that, the essence of inviting the anti-graft agencies was “to demonstrate the transparency in the process of arriving at a preferred bidder commencing works under our proposed deep seaport and superhighway.”
The Governor further added, “it is critical that we show transparency because we have very massive bids and very big international companies will be participating in the bids.”
On the funding of the projects, Ayade intimated, “as we speak, nobody or organization so far has put a dime on the project except those that have put direct technical services. We have no cash anywhere but we have the idea, intellect, knowledge and we know where to go and the investors that have the appetite for infrastructure in sub Saharan Africa with emphasis on the gulf of Guinea.”
Reasoning that Cross River will not compromise international best practices in the execution of the projects, Ayade said, “We will stay strictly with the regulations, provisions and tenets of the law, so that we will have a very bumper harvest,” pointing out that “as I put my hand on this and God with us, we shall overcome.”
The governor also hinted that “a team from China will be in the state for some months, going from one local government area to another in order to do solid mineral mapping of Cross River, tell us in each local government what mineral economic value we have in deposit and giving us the coordinates.”
On the recent peace in the Peoples Democratic Party (PDP) in the country after the Supreme Court ruling, Ayade said, it was  a healthy development for the people of Nigeria and indeed Africa.
“Nigeria is the leading light and our democracy must also demonstrate that we are the leading light in all aspects. I think that PDP has a great opportunity to put our house together and work as a team and a solid party,” the governor stressed.
Continuing, Ayade prayed for President Buhari to return healthy and continue his good works, while  appreciating the Acting President, Yemi Osinbajo, for holding strong for the President to come back.
He applauded former President Good luck Jonathan “for demonstrating maturity, education, finesse and proper conduct by ceding power.”

From Friday Nwagbara, Calabar

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Tech firms criticize Trump’s call for a transgender military ban

Some of the technology industry’s most prominent companies and leaders called for inclusion after President Trump proposed barring transgender people from the U.S. military.

Following a series of Wednesday morning tweets from Trump that said allowing transgender people to serve would result in “tremendous medical costs and disruption,” Apple, Google, Uber, Facebook and Twitter and their leaders voiced their support for transgender members of the military — but were careful not to mention Trump by name. Their statements were general calls to action, some using the hashtag #LetThemServe.

“Everyone should be able to serve their country — no matter who they are,” Facebook chief executive Mark Zuckerberg wrote in a post on his profile.

“We are indebted to all who serve. Discrimination against anyone holds everyone back,” Apple CEO Tim Cook tweeted.

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Ovation Corporate Travel Releases Quarterly Business Travel, Financial Services Firm Travel and Law Firm Travel Indexes Providing 3 Years of Benchmarking Data/Analysis

Ovation Corporate Travel Releases Quarterly Business Travel, Financial Services Firm Travel and Law Firm Travel Indexes Providing 3 Years of Benchmarking Data/Analysis

New York, NY, Jul 26, 2017 (PRWeb.com via COMTEX) —

Ovation Corporate Travel, the 5th largest travel management agency in the U.S. by volume, according to Business Travel News, has published its Quarterly Business Travel, Financial Services Firm Travel and Law Firm Travel Indexes. Among other air and hotel indicators, the Indexes show that despite a charged political atmosphere and much attention being paid to international traveler security requirements and restrictions (for example, the recent travel and laptop bans affecting international travelers to the U.S.) the percentage of international travel, across various industries, increased quarter-over-quarter in Q2 2017 for Ovation clients.

Click here to download Ovation’s Q2 2017 Business Travel Indexes.

The indexes contain three years of data findings, listed quarterly with accompanying historic analysis dating back to 2009. Each index illustrates the following statistics:
Average airfare price paid Domestically, Internationally and Overall
Average hotel rate paid Domestically, Internationally and Overall
Percentage breakdown of Economy, Business Class and First Class tickets
Percentage breakdown of Domestic and International tickets

Ovation utilizes this high-level analysis to identify trends and to benchmark individual client activity against a ‘yardstick’ representing over $230 million in annual air and hotel spend. The data serves as a resource in determining opportunities for strengthening clients’ travel programs in such areas as travel policy adjustment, service enhancements and supplier negotiations.

“In Q2 2017 we saw the average prices paid for both domestic and international flights remain relatively steady across all three Indexes,” noted Executive Vice President, Michael Steiner. “Probably more interesting than steady prices, is the fact that the percentage of international travel ticked up this past quarter. This increase in international travel is especially interesting right now in light of current U.S. travel and security policies.”

Ovation services over 700 clients, including over 225 financial services firm clients and over 200 law firms through its law firm-focused subsidiary, Lawyers Travel; data for these indexes was culled from a cross-industry-sample of clients within each of these areas.

To download Ovation’s Q2 2017 Business Travel Indexes click here.

Read the full story at http://www.prweb.com/releases/2017/07/prweb14542938.htm


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