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NASCO Holds its 2014 Private Security Industry Leaders' Roundtable

Companies mentioned in this article: NASCO

WASHINGTON, Feb. 25, 2014 /PRNewswire-iReach/ -- On February 11-13, the National Association of Security Companies (NASCO), the leading association for the contract security industry, held its annual "Private Security Industry Leader's Roundtable" at the Waldorf Hotel in New York City. The invitation only event included attendees from over thirty contract security companies, industry related vendors, and representatives from state contract security associations. The program featured presentations on a wide variety of business, legal, political and economic issues of importance to contract security companies as well as social and networking opportunities. Said NASCO Chairman Jim McNulty (Securitas Services USA), "This year's Roundtable was outstanding and NASCO is unique in its ability to focus on and address issues of common concern to contract security companies."

With recent growth in NASCO's membership and that of its Government Security Contractors Caucus, this year's Roundtable attendance was double the size of the last Roundtable NASCO held in New York in 2011.

The Roundtable started with NASCO's first ever "Legal Forum" which was chaired by NASCO Board member and G4S Chief Legal Officer Julie Payne. Attended by NASCO and Caucus company executives and counsels, with presentations from outside litigation counsel, the three hour forum provided valuable information and insights on current and pending wage and hour class action litigation (primarily in California), as well as current employer background screening (EEOC) cases and issues. Also discussed at the Forum were successful and unsuccessful litigation strategies and other emerging legal issues for the industry. The response to the Forum was "phenomenal" said NASCO Executive Director and General Counsel Steve Amitay, and NASCO will hold another such Legal Forum in conjunction with its upcoming annual Contract Security Summit in Washington in June.

During the general program, attendees heard from and interacted with a host of industry and policy experts. Long-time industry transaction manager Robert H. Perry gave a review of recent trends, mergers, acquisitions in the industry and the outlook for 2014. The Heritage Foundation's Senior Policy Analyst for Labor Economics James Sherk discussed the implications that increasing the minimum wage could have on contract security companies. Purdue Pharma Chief Security Officer and former ASIS President Marc Geraci provided a CSO's perspective on the use contract security. And University of Montreal Professor Maximiliano Mulone presented the findings of his research on police/private security partnerships and the growth in outsourcing and privatizing law enforcement functions. The program also contained updates on the development of national and international Standards for private security companies, the latest on federal/state legislation and activities, and, of course, the latest with Obamacare.

A special highlight of the Roundtable was the presentation of the NASCO Edgar B. Watson Award to Ira A. Lipman, the Founder and Chairman of Guardsmark. Lipman, who founded Guardsmark in 1963, also played a major role in the founding of NASCO in 1972. The Watson award is given by NASCO in recognition of an individual's contributions to the private security industry as a whole including their superior leadership, commitment to higher standards, and advocacy for increased positive awareness of security officers and their duties.

NASCO's next event will be the Ninth Annual "Contract Security Summit" in Washington D.C., June - June 12, 2014.

About NASCO - The National Association of Security Companies (NASCO) is the nation's largest contract security industry association, representing private security companies that employ more than 250,000 of the nation's most highly trained security officers servicing every business sector and the governmental sector. As the national leader and voice of the contract security industry, NASCO interacts with Congress, federal agencies, state legislators, regulators, the courts, and the media on a variety of industry related issues and programs, and NASCO is leading efforts to set meaningful standards for the private security industry and security officers at all levels of government.

Media Contact: Steve Amitay, NASCO, 202-347-4805, steve@amitayconsulting.com

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SOURCE NASCO