In a notable development this week, law firms Ward Smith & Hill PLLC and Consovoy McCarthy PLLC emerged as the frontrunners in Law360’s Legal Lions list after a victory in an important legal challenge. The firms represented the U.S. Chamber of Commerce and several prominent banking trade groups in their successful objection to a policy of the Consumer Financial Protection Bureau (CFPB).
The disputed policy was perceived as an attempt by the Bureau to broaden its anti-discrimination scrutiny. The vigorous challenge presented by the two law firms led to a triumph which underscores the complexities of the legal landscape in which financial institutions and regulatory bodies operate.
Famed for its commitment to comprehensive legal analysis and reportage, Law360 hailed the involved parties’ victory and provided further analysis as part of their subscription service. For professionals desirous of in-depth insights and complete details click here.