The Consumer Financial Protection Bureau, the new government “super agency” set up to police financial institutions, has arrived. The agency is here and not likely to go away.

Like all new organizations, the CFPB has been working to establish itself. Ballard Spahr partner Alan Kaplinsky expects this work to continue. “You have to look at the bureau on a long-term basis,” says Mr. Kaplinsky, Chair of the firm’s Consumer Financial Services Group.

Kaplinsky points out that so far the new bureau has been working with regulations and functions that already exist. Once a director has been approved by the Senate—whenever that may be—the bureau will no longer be tethered strictly to earlier laws and regulations, Kaplinsky says, and he suggests that this will result in much new ground being broken.

“And that’s going to create a lot of legal work,” says Mr. Kaplinsky, “to put it mildly.” His firm has been adding lawyers to get ready for the extra demand.