The former England midfielders are set to meet on August 23, and the Manchester City loanee feels a move to the USA may be difficult for the Liverpool captain
New York City midfielder Frank Lampard has already marked down the day his team will face Steven Gerrard's Los Angeles Galaxy in Major League Soccer.
Lampard and Gerrard do battle at StubHub Center on August 23, and former Chelsea midfielder Lampard said the clash was one he was looking forward to.
"I am pleased for Stevie. I think it is a very good move for him. What more can he do for Liverpool? He has had a fantastic career," he said.
"It helps with the interest here, people seeing it on TV over here [in England] now.
"I look forward to being competitive against Stevie. We get on very well, particularly in our latter years as captain and vice-captain of England.
"I have a huge amount of respect for him and I look forward to going up against him."
Lampard left Chelsea having not been offered a contract at the end of last season.
And the 36-year-old feels it may be tough for Gerrard, who has decided he will leave Liverpool at the end of the 2014-15 campaign to join the Galaxy.
"Only individuals know the right time for them. I wasn't sure about my time as a Chelsea player. The decision got made for me," he added.
"When the decision is not made for you and you have to make it yourself then it's more difficult maybe.
"Only he knows that and I think at the minute I would say yes, because what more can he do? If he's not their greatest player he will be right up there with the greatest players ever.
"Maybe there's a time [when it's up] at a club. When I look back at my time at Chelsea, you accept they will move on and I am sure Stevie will look at Liverpool and see it the same way. Then you look at yourself and think, 'How can I finish in the right way?' Stevie will do that."
