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Consumer Finance Practice

Post by Anonymous User » Wed Jan 22, 2014 2:41 pm

A lot of firms ranging from the V10 to Amlaw and below are involved in this practice. Can someone explain the difference in the particular type of work these firms perform? For example, in my secondary market, some V100/Amlaw firms will do the volume-type contested foreclosures while I highly doubt the top firm in the market (V50) does.

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Re: Consumer Finance Practice

Post by Anonymous User » Thu Jan 23, 2014 10:54 pm

Anonymous User wrote:A lot of firms ranging from the V10 to Amlaw and below are involved in this practice. Can someone explain the difference in the particular type of work these firms perform? For example, in my secondary market, some V100/Amlaw firms will do the volume-type contested foreclosures while I highly doubt the top firm in the market (V50) does.
I interviewed at a market paying boutique that specialized in this type of work. They seemed to do a mixture of consumer finance work ranging from advisory, regulatory, lobbying, and the high volume foreclosure type work. The had staff attorneys who focused primarily on the high volume work. Some of the first and second years would help out with that work from time to time as well. Their primary clients seemed to be big and medium size banks and worked on everything from mortgages and auto loans to credit cards. A few of the attorneys there spent some time at the CFPB. It seemed like very interesting work.

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