This weekend, Jurgen Klopp said Chelsea were the outright favourites for the title due to the quality they have in their squad.
When Lampard first took over as Chelsea boss the club were under a transfer ban, but they made up for lost time this summer, spending over £220m on new recruits, including Kai Havertz, Timo Werner, Hakim Ziyech, Ben Chilwell, Edouard Mendy, and Thiago Silva.
After taking a little while to gel together, they are now one of the best units in the league both in attack and in defence, there they had previously struggled.
Lampard has attempted to take any pressure off the shoulders of his players, disagreeing with Klopp that they are favourites.
"I'm not sure anyone actually went for it," he said of the Liverpool boss' suggestion.
"Liverpool and Manchester City seem to be pretty much everyone's favourites and rightly so with the form they have had over the past three or four years and how they have built up their squads.
Chelsea signings 2020/21
|Timo Werner||RB Leipzig||£47.7m|
"It's his opinion and he is entitled to it but I think it's clear where we are at - we are in good form but we have players who have just come into this league or younger players.
"We are trying to get there and reach that and that is going to take lots of consistency over the coming months."