A Message from the Chairman
This year we celebrate our firm’s 10-year anniversary. Time does, indeed, fly by. We started the firm in 2010 with 14 lawyers, a sense of optimism and a handful of core values. Those core values included: (1) an unwavering commitment to the best interests of our clients; (2) recruiting and developing an All-Star team of lawyers by maintaining a very high bar for talent; (3) driving positive change in our communities; (4) making Diversity & Inclusion a priority; and (5) maintaining a collegial working environment free of bureaucracy. While we have now grown to over 50 lawyers, I am happy to report that we still live these same core values.
Consistent with our theme of Looking Forward, a few thoughts on what we see on the horizon in financial services. We see the tempo of change increasing at a rate never before seen in the financial services industry. We see clients developing and implementing innovative business models leveraging the latest technologies to seize opportunities in the marketplace. New technologies are also being deployed to improve the quality and efficiency of risk management and compliance functions. We see more research and development of blockchain-based businesses and internal corporate functions, with a future likely to include tokenization of assets of all types. The end result looks increasingly likely to be a more efficient, responsive and overall better experience for customers large and small, including for communities that have had limited access to traditional financial services. We see that enhanced customer experience delivered by an industry that is structurally more efficient and resilient. In other words, the possibilities are indeed limitless.
We were honored to be selected again this year by U.S. News & World Report and Best Lawyers as a National Tier 1 Law Firm in Securities Regulation and Litigation–Securities. We are the only boutique law firm in the country to be so honored.
We look back at our first 10 years and look forward to the possibilities on the horizon with a deep sense of gratitude. We are grateful first and foremost to our clients, who continue to place their trust and confidence in us by calling on our team to handle some of their most important and sensitive legal matters. We never lose sight of the fact that we must earn that trust and confidence every day. And I would be remiss if I did not acknowledge the outstanding work of our administrative staff, who collectively enable us to deliver excellent value to our clients while making this such a great place to work.
On behalf of all the lawyers and staff at Murphy & McGonigle, we thank you for your continued support.
James A. Murphy, Chairman