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Eversheds Extends Legal Services Relationship with IATA

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Eversheds has secured a contract as the primary legal services provider for the International Air Transport Association (IATA) across Europe, North Asia and Asia Pacific, extending the existing contract for legal services in Africa and the Middle East.

IATA is the trade association for the world’s airlines and works to promote safe, reliable secure and economical air travel. IATA has a presence in 60 countries, and in total represented 240 airlines across 113 countries handling some USD 370 billion of financial transactions in 2012.

This latest appointment builds on the success of the initial partnership, which began in April 2013 when Eversheds was appointed as IATA’s legal services provider in 65 countries in Africa and the Middle East. Under this latest agreement, which runs for a three year period, Eversheds will provide IATA with a full service legal offering to an additional 93 countries in Europe, North Asia and Asia Pacific, making this one of the largest global mandates of its kind.

In addition to advising IATA on all legal matters, Eversheds has announced that it will offer a tailored pricing model, with tiered blended rates for each region, a performance-based fee element, and project management provisions covering all 158 countries. 

The Eversheds team will be led by London-based Partner Stephen Hopkins, Head of Global Client Development, and delivered through Eversheds offices and its coordinated relationship firms across the world. The offices are supported by dedicated project managers and lead partners in each of the IATA regions, with Hopkins acting as the single point of accountability for IATA.

Jeffrey Shane, General Counsel at IATA, said: “We have high expectations of Eversheds. The goal of IATA’s legal department is to be on the cutting edge in delivering support to our offices around the globe.  We have been impressed with the high quality and cost transparency of Eversheds’ services to IATA in Africa and the Middle East, and we look forward to further benefits as we extend the consolidation of our external legal support with Eversheds across three more important regions for our business.”

 

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