The Company You Keep: Affiliation Implications for Federal Set-Aside Contracts

Stephen Rae, General Counsel, Liberty Mutual Surety, joined the company in 2002 as senior surety counsel in the Claims Department. He brought with him 10 years of private practice litigation experience, primarily in the areas of construction law, employment law, and insurance contract disputes. Mr. Rae worked in LMS’ Claims Department for almost 5 years as senior surety counsel and a manager. He assumed LMS’ chief counsel position in December 2006. As chief counsel, Mr. Rae manages LMS’ Legal Department, which handles LMS’ legal needs. LMS’ Legal Department coordinates its activities with other resources within LMS as well as the Liberty Mutual Group.

Mr. Rae is the current chairperson for the Surety & Fidelity Association of America (SFAA) Corporate Counsel Committee and serves as LMS’ representative on the SFAA’s Government Affairs Advisory Committee. He is a member of the American Bar Association (Fidelity and Surety Law Committee) and the National Bond Claims Association. Mr. Rae is also a licensed attorney in the Commonwealth of Pennsylvania, the U.S. District Court for the Eastern District of Pennsylvania, and the U.S. Court of Appeals for the Third Circuit.