Hinshaw & Culbertson LLP is proud to announce that Vaishali Rao has been named a Finalist in the “Law Firm Thought Leadership” category of the Corporate Counsel 2025 Women, Influence & Power in Law (WIPL) Awards.

View Hinshaw's firm and attorney recognitions in the 2025 edition of Chambers USA: America's Leading Lawyers for Business.

Hinshaw & Culbertson LLP is pleased to announce that partners Megan Lopp Mathias, Vaishali Rao, and Paula Wegman have been selected by Crain’s Chicago Business among its 2024 Notable Women in Law. A total of 141 women attorneys from 78 law firms were honored, with Hinshaw among only 20 firms to have three or more attorneys selected.

Read a Law360 Expert Analysis by Hinshaw partners Leslie Meredith and Vaishali Rao discussing emerging enforcement risks in marketing and advertising for financial services providers. 

Hinshaw made its presence known as a gold sponsor of the recently concluded General Counsel Conference Midwest 2024 (GCCM) in Chicago. The Legal Speak podcast was on location, interviewing several event faculty, including Hinshaw partner Vaishali Rao. In addition, Corporate Counsel magazine filed a report on the conference, focusing on Rao's panel—which also included Sandra Talbott of the U.S. Department of Justice and Mary McCarthy of United Airlines.

In the March 4, 2024, edition of the ARM Compliance Digest, Hinshaw Partner Vaishali Rao discussed the Federal Trade Commission's (FTC) proposed final rule that would prohibit scammers from creating deepfakes and impersonating businesses or government agencies.

Hinshaw partners Vaishali Rao, Akeela White, and Joe Sanders will lead a panel on "Regulatory Landscape from a State Perspective" at the Chicagoland Compliance Association's (CCA) Annual Conference on October 16, 2025, in Oak Brook, Illinois.

Hinshaw partners David Schultz and Vaishali Rao will present at ComplianceCon 2025 in Nashville, Tennessee.

Chicago-based partner Vaishali Rao will co-present a fireside chat titled "State Attorney General Actions and Industry Readiness" at the 2025 Executive Summit hosted by the Receivables Management Association International (RMAI) on August 6, 2025, in Woodstock, Vermont.

Chicago-based partner Vaishali Rao will co-present an AccountsRecovery.net webinar titled "Addressing and Understanding the Increase in CFPB Consumer Complaints," on October 14, 2025.

Hinshaw partner Vaishali Rao is scheduled to co-present a webinar titled "Preparing for State Investigations and Examinations" on August 8, 2025.

Chicago-based partner Vaishali Rao will co-present the webinar, "Back In Repayment: What Student Loan Servicers Need to Know About Licensing Before Collecting," on June 26, 2025.

On August 23, the Consumer Financial Protection Bureau (CFPB) issued its Filing Instructions Guide ("Guide") for Nonbank Registration pursuant to its Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final Rule ("the Final Rule").

On June 3, 2024, the Consumer Financial Protection Bureau (CFPB) issued the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders Final Rule (“the Final Rule”).

On February 16, 2024, the Consumer Financial Protection Bureau (CFPB) issued its revised rule addressing how financial institutions can appeal their compliance ratings or adverse material findings by the Bureau. The rule is an update to the Bureau's November 2015 revisions.

On June 25, 2019, the Consumer Financial Protection Bureau (Bureau) hosted the first in a series of scheduled symposia, which explore the Dodd-Frank Act's prohibition on abusive acts or practices. Whether "abusive" requires further definition is an issue hotly debated in business, academic, and legal circles. The June 25 symposium consisted of two panels of UDAAP (unfair, deceptive, or abusive acts or practices) experts: the first, an academic panel, focused on the policy background of the "abusive term," while a second panel, consisting of attorneys and past and present agency directors, discussed how the term has been used in practice. Both panels provided varying perspectives on the definition of "abusive," and whether the Bureau should develop regulatory guidance or initiate a rulemaking to further define the term. Although courts have opined on the viability of an abusive claim at the pleading stage, uncertainty remains because those claims have almost always been coupled with unfair or deceptive claims, largely eliminating the need for courts to conduct a detailed analysis on the term "abusive."

* Update 9.17.2020: a new Fourth Edition is now available | Download your copy of the guide (PDF) |

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