Rick is a partner Emeritus in the firm's Portland, Maine office. In his forty-year legal career, Rick represented 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 included student lending, auto finance, small dollar products, electronic payment systems and Internet delivery. Rick's government experience supports his continued assistance to clients affected by CFPB's small dollar rulemaking.
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 as Law Clerk to The Honorable Frank M. Coffin, then Chief Judge of the U.S. Court of Appeals to the First Circuit.
Rick has been a frequent speaker on consumer financial services topics, and was featured most recently at annual national meetings of the American Financial Services Association, the Community Financial Services Association, the Consumer Bankers Association, the National Auto Finance Association, the National Association of Buy-Here Pay-Here Dealers, the Student Loan Servicers Alliance, the National Council of Higher Education Resources, the American Bar Association and the annual meeting of the Finance Authority of Maine.
Rick received his law degree, summa cum laude, from Cornell Law School and his Bachelor's degree, magna cum laude, from Dartmouth College.