Rick is a partner in the firm's Portland, Maine office. Rick represents depository institutions and non-depository lenders and service providers involved in the design, marketing, origination, servicing and collection of consumer financial products and services. Rick's focus includes student lending, auto finance, small dollar products, electronic payment systems and Internet delivery. Rick's government experience supports his extensive involvement with clients affected by CFPB rulemaking, examination and enforcement action.
From 2011-2013, Rick served as an Assistant Director at the CFPB, leading the Installment and Liquidity Lending Group in the Research, Markets and Rulemaking Division of the Bureau. Rick's responsibilities included advising all divisions of the Bureau with respect to market information and policy issues in the installment and specialty lending areas, including vehicle finance, student lending and payday lending.
Prior to joining the Bureau, Rick practiced law for 31 years, principally involved in consumer financial services law and retail financial services regulation. His practice included all aspects of state and federal regulation of retail financial products origination and marketing, e-payments, regulation of financial service entities, and lending, deposit, and insurance transactions. Rick was the leader of the Banking and Financial Services Group at Pierce Atwood LLP in Boston and Portland.
Rick also served as an adjunct member of the faculty of the Morin Center for Banking Law at Boston University School of Law from 2005 to 2011 and is a frequent national lecturer on consumer financial services law.
Rick served as Vice Chair of the Consumer Financial Services Committee of the Business Law Section of the American Bar Association from 2008 to 2011. From 2003 to 2006 he served as that committee's chair of its Subcommittee on Internet Delivery/Electronic Banking. He is active in the Maine State Bar Association Consumer and Financial Institutions Law Section (serving as chair from 1982 to 1986 and 1998 to 1999).
Rick is a Regent of the American College of Consumer Financial Services Lawyers.
Rick also served as Law Clerk to The Honorable Frank M. Coffin, then Chief Judge of the U.S. Court of Appeals to the First Circuit.
Rick received his law degree, summa cum laude, from Cornell Law School and his bachelor degree, magna cum laude, from Dartmouth College.