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Baer Reed
Expediting the Workflow During the Underwriting Process
The mortgage approval process requires many steps and stakeholders in order to finalize the loan. The borrowers must collect and supply various documentation, and the internal lender teams then have to process the information, which includes multiple departmental approvals. After the borrower delivers the required documentation to their loan officer or contact, it is passed...
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Privacy-Law-Compliance-Corporate-Support-for-CCPA-Expansion-Globally
The amendment and expansion of the California Consumer Privacy Act (CCPA), approved by California voters’ passage of Proposition 24 as the California Privacy Rights Act of 2020 (CPRA), will require businesses to make key changes to their privacy programs and systems before its January 2023 implementation (for data collected beginning in January 2022). Covered businesses...
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Catherine B. Tyler Wins 30 Best Leaders to Watch 2021
OFFICIAL PRESS RELEASEFOR IMMEDIATE RELEASEMARCH 23, 2021 Baer Reed’s Founder & CEO Catherine B. Tyler has been selected as one of the ‘30 Best Leaders to Watch 2021’ by The Silicon Review. This publication is a business magazine and source of news and information for global business leaders, decision makers, and professionals.  Ms. Tyler says, “To...
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Legal Regulatory Reform & The Regulatory Sandbox
Law firms have traditionally been limited in their efforts to innovate by the prohibitions contained in the Rules of Professional Responsibility against the unauthorized practice of law, fee sharing arrangements with non-lawyers, and non-lawyer investments in law firms. These rules apply in most U.S. jurisdictions today, but recent legal regulatory reform by the Arizona and...
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Advantages of Integrating Legal Managed Services with eDiscovery
Organizations preparing for litigation have several options for handling eDiscovery support. They can use their in-house legal department resources, use outside counsel/law firm resources, use legal contract staffing agencies, or use an external legal managed service provider, including an alternative legal service provider (ALSP). The decision about which solution to use often comes down to...
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Alternative legal service providers (ALSP) are an increasingly popular way for businesses to maximize their internal resources. While organizations in any industry can benefit from working with ALSP, BigLaw frequently chooses this option to support various types of work such as due diligence, eDiscovery, document review, legal research, contract management, and risk and compliance management....
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CCPA Compliance Tighter Restrictions from the CCPA & Proposition 24
On November 3, 2020, California voters passed Proposition 24, which amends and expands the California Consumer Privacy Act (CCPA). The CCPA, which became effective earlier this year, requires companies marketing to, or doing business with, Californians to revise their privacy programs, policies, and even systems in significant ways. The passage of Proposition 24, called the...
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AI 2020 Legal Awards - Baer Reed Best Woman Owned LPO v5
Acquisition International (AI) declared the winners of their 2020 Legal Awards and Baer Reed is proud to announce that we have been named ‘Best Woman-Owned Legal Process Outsourcing Provider 2020’. Learn more about what makes our company unique, as well as our company Founder’s philosophy on Baer Reed’s success, in AI’s editorial feature for Best...
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Benefits of Incorporating ALSPs into Your 2021 Budget Development
As the end of the calendar year approaches, the budgeting/planning process for the 2021 fiscal year is underway in many organizations. One unknown for many businesses is anticipated legal expenditures, especially in light of the continued pandemic-related financial disruption that is affecting many industries. Incorporating alternative legal service providers (ALSPs) into department and corporate budgets...
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5 Ways ALSP Help Streamline Internal Workflows
As companies across various industries look for ways to increase process efficiencies and decrease costs, they are turning in growing numbers to outsourced solutions. “Alternative legal service provider” (“ALSP”) is a broad term encompassing legal process outsourcers (LPOs), “Big Four” accounting firm services, managed service providers, and contract and staffing services. Using an ALSP offers...
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