Rasul M. Raheem

Senior Counsel

Bringing nearly 30 years’ experience as in-house counsel to some of the largest financial institutions in the United States, Rasul M. Raheem understands what senior executives need from their legal counsel. Focusing on cybersecurity, business transactions, regulatory and banking law, Rasul helps clients develop and manage cybersecurity risk mitigation strategies, finance and lending relationships, develop restructuring and recovery strategies, and resolve issues related to reputational risk, treasury services, bank policy, and credit.

Rasul has a number of published appellate decisions to his credit, and he is a member of several professional organizations. He also has experience managing outside counsel, related litigation, and legal spend with law firms across the country.

He has experience in banking regulations and governance, commercial litigation, commercial loan restructuring and documentation, creditors’ rights, civil and criminal federal forfeiture proceedings, government relations, and corporate finance.

Rasul provides broad-based counseling and legal services for commercial lending-loan documentation, financial services and regulatory matters, credit advisories, workouts, letters of credit, consumer lending, international lending and litigation.

He also provides legal advice in the areas of contracts, treasury services, the Uniform Commercial Code Articles 3, 4, 5, and 9, general litigation claims, and strategies to avoid and mitigate risk to financial institutions.

Rasul was appointed by the mayor of the City of Detroit to the Detroit Land Bank Authority Board of Directors. He also was a member of the Michigan Roundtable for Diversity and Inclusion.

He has taught as an adjunct law professor teaching a course on banking and financial institutions law.

Being recognized by his peers for his leadership service to the National Bar Association, the D. Augustus Straker Bar, and the American Bar Association.
Rasul's proudest professional achievement
    • Harvard University VPAL Premier Certificate in Cybersecurity and Risk Management, 2022
    • Wayne State University Law School, LL.M. in Corporate Finance Law, 2003
    • Wayne State University Law School, J.D., 1984
    • University of Michigan, B.G.S., 1979
  • Bar Admissions

    • Michigan, 1984
  • Court Admissions

    • U.S. District Court, Eastern District of Michigan
    • U.S. District Court, Northern District of Illinois
    • U.S. Court of Appeals, 6th Circuit
    • U.S. Supreme Court
    • Pro Hac Vice in the United States Bankruptcy Court/Central District of California, Los Angeles Division
    • Recognized in The Best Lawyers in America® for Banking and Finance Law; Financial Services Regulation Law, 2021-Present

    • D. Augustus Straker Bar Association Trailblazers Award, 2018
    • Western Michigan University Cooley Law School Integrity in Our Community Award, 2018
    • National Bar Association Presidential Award, 2016
    • Wolverine Bar Association Foundation Golden Gavel Award, 2016
    • First Chair Top Outstanding Assistant General Counsel. 2013-2015
    • Michigan Chronicle Men of Excellence Award, 2014
    • National Association of Corporate Directors, Member

    • State Bar of Michigan, Member

    • American Bar Association, Member

    • American Bar Association, Standing Committee for Professional Regulation, 2022-2025

    • National Bar Association (Board of Governors, Chapter Affiliate Representative, 2013-2014; President's Corporate Advisory Committee, 2014-2015; Board of Governors’ Audit Committee, Chair; Commercial Law Section - Executive Committee, 2011-Present)

    • American Bar Foundation, Fellow
    • Oakland County Bar Association, Member

    • Oakland Country Bar Foundation, Fellow
    • Wolverine Bar Association, Member

    • Western Michigan University Cooley Law School, Adjunct Professor, Banking and Financial Institutions Law, 2011-2015

    • D. Augustus Straker Bar Association, President, 2013-2014

    • Metropolitan Renaissance Head Start, Board of Directors and General Counsel

    • Detroit Land Bank Authority, Board of Directors, 2016-2018
    • Michigan Roundtable for Diversity & Inclusion, Board of Directors, 2016
      • Senior Vice President and Assistant General Counsel, Bank of America, N.A.
      • First Vice President and Senior Counsel, LaSalle Bank Corp.
      • Vice President and Senior Counsel, Michigan National Bank

Latest News and Insights

Press Mentions1.27.23

Law360 Profiles Dykema’s Cannabis Team as a 2022 “Practice Group of the Year”

Dykema’s Cannabis Team was profiled by Law360 as part of its recognition as a “Practice Group of the…

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Press Releases1.17.23

Dykema’s Cannabis Group Named “Practice Group of the Year” by Law360

Dykema, a leading national law firm, announced that its Cannabis Industry Group was recognized as a…

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Press Releases10.25.22

Rasul Raheem Earns Cybersecurity Certification from Harvard VPAL

Dykema is proud to announce that Rasul Raheem recently completed the Harvard University Vice Provost…

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