IATA Legal Symposium. General Counsel Roundtable Building a Better Legal Department

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Transcription:

IATA Legal Symposium General Counsel Roundtable Building a Better Legal Department

Panel Participants Bob Albergotti, Moderator Abby Bried, United Continental Holdings Mats Lonnkvist, SAS Group Wes Nobelius, Qantas Airways Limited Omer Shalev, El Al Airlines David Shapiro, Air Canada

United Continental Holdings Total revenues $12.6 billion Total legal budget $14 million Outside counsel 67% of legal budget 41,400 employees 35 in legal department, 22 attorneys Structure of legal department Senior Vice President / General Counsel Staff VP and Assistant GC 6 Managing Attorneys 14 Senior Attorneys No attorneys with less than 5 years of experience General Counsel reports to CEO

United Continental Holdings Total revenues $34 billion More than 80,000 employees Legal department about 60-70 employees (TBD) Structure of legal department Senior Vice President / General Counsel Reports to CEO VP Law About 40 attorneys structured in 2-3 layers (TBD) Clean Slate Design: Bain Exercises Synergy Focus/Outside counsel 3 tier evaluation Functional Reviews More to come

Law Branch: Law Dpt. and Claims Dpt.

Size: 19 lawyers 4 paralegals 10 legal assistants Structure of Law Department Composition: 3 Assistant General Counsel : - Litigation, Director of Legal Services, Corporate and Commercial 4 Senior Counsel : - Int l Alliance & Regulatory Affairs, Labour & Employment, Aircraft Finance/Leasing & Commercial, Corporate & Commercial 12 Counsel Budget: Total Approximately $14M Outside Counsel as percentage of total 78%

Total Revenues 2010: >$10.78B (Cdn.) Number of Employees: approximately 25,000 Canada s largest airline and the largest provider of scheduled passenger services in Canada, the Canada-U.S. transborder and the international markets to and from Canada Together with regional partners operates approximately 1,470 daily departures to 59 destinations in Canada, 59 in the U.S. and 60 in the International-Canada to: Europe, Pacific, Caribbean/Central America and South America markets

In 2010, carried over 32 million passengers with service to 178 direct destinations on five continents. as founding member of the Star Alliance network, offers its customers access to approximately 1,160 destinations in 181 countries Operates a mainline fleet (not including regionals) of 205 aircraft comprised of: 89 Airbus narrow-body, 56 wide-body and 60 Embraer regional Owns/operates: passenger charter services; Cargo services to over 150 destinations tour operator catering to the outbound leisure travel markets in the Caribbean, Mexico, U.S., Europe, Central and South America, South Pacific and Asia

Facts - SAS Group Largest airline and travel group in the Nordic region Head office in Stockholm Listed on three stock exchanges Three hubs (CPH, OSL, STO) Star Alliance Member Europe s most punctual airline in 2009 and 2010

SAS Group key data 2010 Operating revenue 6,300 MUSD EBITDAR before non-recurring590 MUSD EBT before non-recurring items-68 MUSD No. employees 14,300 No. of aircraft in operation ca 200 No. of passengers, mill. 25,2

SAS Corporate Legal Affairs Centralized legal function within SAS Group 3 offices (STO head office + CPH and OSL) Total of 10 lawyers + support staff Responsible for all legal matters and risks, excluding taxation, insurance and labor law Legal advice, compliance and policy-making Responsible for all use of external counsel

SAS Group Legal, Insurance & Public Affairs CEO General Counsel Assistant Board Secreteriat Corporate Insurance Public Affairs Legal Affairs Denmark Legal Affairs Sweden Legal Affairs Norway Regulatory & European Affairs Legal Affairs Legal Affairs Records & Archive Management

Queensland and Northern Territory Aerial Services World s second oldest airline Head Office in Sydney Network spanning 182 destinations in 44 countries Fleet of ca. 260 aircraft incl. A380s, 744s, 767s, 737s, 717s, A320s, A321s, Bombardier Dash 8s and Q400s Main hubs in Sydney, Melbourne and Singapore Value-based airline, Jetstar, founded in 2003 Profit $377m (2010) Operating Revenue $13.8bn Business Traveller s Best First & Business Class Cellar Award 2010

Total legal budget $14 million Outside counsel 66% of legal budget 33,000 employees 28 in legal department Structure of legal department General Counsel Deputy General Counsel + Deputy General Counsel - Competition 28 professional staff; area specialists Most lawyers over 8 years experience in major law firms General Counsel reports to CEO

EL AL LEGAL DEPARTMENT General Counsel & Corporate Secretary Omer Shalev Head of Legal Affairs Keren Cohen-Saad Manger Corporate Secretariat & BOD Ayelet Oren Legal Department: 7 Lawyers Litigation Regulatory Issues Purchase & Lease Contract Legal Consulting Labor Issues