We are pleased to report that Ballard Spahr’s Consumer Financial Services Group has once again received the highest national ranking from Chambers USA: America’s Leading Lawyers for Business.  The Group was ranked in the highest tier nationally in the Compliance category of Financial Services Regulation: Consumer Finance.  The Group was also ranked nationally in the categories of Litigation and Enforcement & Investigations.

Our firm is one of only three firms to be ranked in the highest tier nationally in the Compliance category and one of only two firms to have the highest aggregate ranking based on all three categories.  Our CFS Group has been ranked in Band One for Compliance in each of the 18 years that Chambers USA has published a national ranking for Financial Services Regulation: Consumer Finance.  The Group has also been nationally ranked in Litigation and Enforcement & Investigations every year since Chambers added Litigation and Enforcement & Investigations as categories of Financial Services Regulation: Consumer Finance.

These rankings demonstrate the strength of our CFS practice, with more than 70 lawyers across the country.  Chambers USA annual rankings are compiled using a methodology that involves client interviews, peer reviews, and independent research.  The rankings reflect criteria considered most valued by clients, including legal ability, professional conduct, client service, commercial awareness, diligence, and value.  The rankings are not approved or sanctioned by any judicial body.

Released this week, the Chambers USA report praised the Group for its capability to support clients on both the state and federal regulatory levels.  The report noted the Group’s work with banks and non-banks on the full range of consumer finance regulatory matters, including credit cards, mortgage, and auto finance issues.  Chambers USA also noted the Group’s expertise in the areas of fintech, e-commerce, and prepaid cards and its ability to provide robust representation of clients in CFPB enforcement actions, arbitrations and litigation.

The 2023 edition quotes our clients who have said that Group members “recognize each other’s strengths and are willing to pass me to the attorney with the right skills rather than just trying to assist,” described the Group as “a leader in the consumer finance litigation and regulatory space [that is] excellent with big time class actions with potential massive liability,” and commented that the Group has “a deep bench and excellent team leaders too” and that “[t]he lawyers are very smart and practical.”

We are proud of the work we do, and very grateful to our clients for entrusting us to help them develop new products, defend them in private litigation and against enforcement actions, and assist them in navigating the increasingly complex array of federal and state regulations.