Brown Rudnick, LLP, a New York based international law firm.
Title searches & title insurance commitments for closing large commercial real estate portfolio transactions, for sophisticated national clients. Transaction example: Purchase of a portfolio of 100 carwashes in 6 states in an expedited timeframe.
a. It is unwieldly to coordinate title work on this scale with traditional, manual methods (many email inboxes, shared spreadsheets, data entry, error, omission, backlogs, naming conventions, multiple storage locations, and lost data.)
b. Yet law firms believe they have no other choice – unless they learn about Title Leader. Whether they need 5 searches a year or 5,000, TL makes it easy.
c. Find search vendors that are title-insurance-co-approved. (Instead of ordering from title insurance companies which delays closings by weeks.)
d. Tracking quote requests, orders, receipt, number, store, access, find, communicate on search-interrupting problems, invoice receipt, correction and payment.
We emailed their lead real estate attorney and he asked for a demo.
After a demo for his team, they began using TL immediately.
a. Dropped in a spreadsheet of 85 fast food restaurant addresses, got quotes, clicked to approve and searches began. (Orders can have up to 1,000 parcels each.)
b. Completed searches are auto-received, numbered and stored in one spot – your TL dashboard. Clients get email alerts as each is posted to their dashboard, and they can find anything in a millisecond by looking up any word/data from any order.
c. They also added many columns to their spreadsheet with client information (add as many columns as you like) of any info you wish. Makes tracking & finding easy. Even add nicknames so you don’t have to remember order numbers.
The lead attorney was extremely pleased with the simplicity and performance of the vendors in TL’s marketplace, so he introduced us to the firm’s partners with us doing a demo TL at their monthly meeting. Now we look forward to making the lives of ALL their paralegals much easier. Title Leader has another user for life.
There has never before been automation of title management & fulfillment for them, or TL’s other user groups. Now, Title Leader unlocks unheard of productivity. Simple automation of a complex and mandatory process. Finally.