McGlinchey News Release
McGlinchey’s FinTech Practice and Robert Savoie Rank in Chambers FinTech 2022Read Time: 2 mins
McGlinchey is pleased to announce the national recognition of attorney Robert Savoie (Cleveland) and its FinTech practice group in the 2022 Chambers FinTech guide. McGlinchey is honored in:
- FinTech Legal – USA
- FinTech Legal: Payments and Lending – USA (one of only 14 ranked firms)
- FinTech Legal: Payments and Lending – USA: Robert Savoie
“We are extremely proud of Robert and our FinTech team, and congratulate them on this achievement,” said Mark Edelman, chair of McGlinchey’s national Consumer Financial Services Compliance practice group. “Client input is a chief component of the Chambers research process, and I’m very proud that our clients, through this ranking, indicate that our services for FinTech companies are among the best in the country.”
The firm’s inclusion in the Chambers FinTech guide demonstrates that McGlinchey is well-regarded for its proficiency in financial regulatory matters.
According to Chambers, “McGlinchey Stafford is known for its expertise in financial regulatory matters. The firm is extremely well regarded by companies for its ability to coordinate and advise on state and federal licensing matters, particularly concerning the payments and lending sides of the FinTech market.”
One client said, “I always feel like I am in very good hands with this team in terms of being able to detect and proactively respond to industry trends.”
“They are the go-to firm, particularly for licensing-related matters and state-by-state regulatory analysis, which is pretty complex because you have to keep an eye on all 50 states,” according to another client.
Resident in Cleveland, Robert is one of only five U.S. lawyers nationally recognized in both the FinTech Legal and Financial Services Regulation Chambers rankings. According to Chambers, “clients particularly appreciate his understanding of what license is required in every state, for every kind of business model in the FinTech space.” Robert leads the firm’s FinTech practice and advises a variety of companies regarding federal and state regulatory compliance and licensing matters.
Attorneys in McGlinchey’s FinTech practice work closely with technology developers, providers, and users – analyzing the business applications of new technologies, including the regulatory implications of using various algorithms and APIs – to help them comply with both federal and state financial services regulations.