In this paper, we explore reducing computational latency of the 2-pass cascaded encoder model [1]. Specifically, we experiment with reducing the size of the causal 1st-pass and adding capacity to the non-causal 2nd-pass, such that the overall latency can be reduced without loss of quality. In addition, we explore using a confidence model for deciding to stop 2nd-pass recognition if we are confident in the 1st-pass hypothesis. Overall, we are able to reduce latency by a factor of 1.7X, compared to the baseline cascaded encoder from [1]. Secondly, with the added capacity in the non-causal 2nd-pass, we find that we can improve WER by up to 7% relative using wav2vec and minimum word-error-rate (MWER) training.