Longtime attorneys Alan Lindeke and Colgate Selden have formed a new law firm focusing on the financial services and fintech sectors.
SeldenLindeke LLP, will have offices in Washington, D.C., and Orange County, California. The firm’s practice will concentrate on federal and state regulatory and licensing laws applicable to consumer and mortgage lending and capital markets clients, as well as fintechs, blockchain developers and technology vendors.
Selden was managing director of regulation and compliance at Promontory Mortgagepath, a fintech and fulfillment firm, and had served as a partner in the law firms Blank Rome LLP and Alston & Bird LLP. Earlier in his career, he was a senior counsel in the Consumer Financial Protection Bureau’s Office of Regulations.
“Our combination of legal, regulatory, risk and operational experience will enable SeldenLindeke to provide strategic and pragmatic advice more cost effectively than large, legacy firms,” said Selden. “Our firm will not operate under the intense billing pressures and higher profit per partner metrics common in larger law firms today.”
“The firm is well positioned to address the current needs of our clients in any given market and regulatory environment,” added Lindeke. “Today, that might be special purpose credit programs, fair lending, and privacy matters. Tomorrow, it could be helping clients establishing new business models that increase access to credit in underserved markets, or new technologies to further automate application and underwriting processes to deliver higher quality, more efficient outcomes.”
