A Message from the Chairman
2016 was an exciting year for the firm as we continued to grow and innovate.
We were fortunate to welcome two highly accomplished partners in our D.C. office: Hong Le Webb, a well-respected banking lawyer and specialist in international trade and transactions, and Howard Kramer, a 16-year SEC veteran and an experienced adviser to major financial institutions, markets and securities exchanges. We were also delighted to welcome Andrew Melnick, a prominent trial lawyer and advisor in the financial services industry, who joined us as a partner in our New York office this year.
In 2016, we rolled out our Innovation Lab, a one-stop shop for developing client tools and solutions that combine our intellectual capital with technology to create products that help clients make better informed decisions. The Innovation Lab rolled out the M&M Defend app, which guides employees through the do’s and don’ts of dealing with law enforcement agencies when they execute search warrants. Yes, there is now an app for that! Leveraging big data sets, we were able to develop new proprietary databases that we are sharing with our clients who are defending large scale litigation. And, we are excited to be participating with several of our clients in the Hyperledger Project, which is an international open source collaborative effort created to advance cross-industry blockchain technologies. What we are witnessing is an unprecedented wave of change and innovation in the financial services world, and we are delighted to be partnering with several of our clients to help them seize the massive opportunities being generated by all this change.
We were honored again this year to be selected by U.S. News & Best Lawyers as a National Tier One Law Firm in Securities Litigation, Securities Regulation, and Corporate Law. Only 25 law firms in the world received National Tier One recognition in all three of these important categories. And our partner Steve Crimmins was recognized as the Securities Regulation Lawyer of the Year in the New York market by U.S. News & Best Lawyers. As far as we can tell, this is the first year this honor went to a lawyer in a boutique law firm like ours.
We are immensely grateful to our clients who have shown their trust and confidence in us by calling on our firm 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. On behalf of all the lawyers and staff at Murphy & McGonigle, we thank you for your continued support.
James A. Murphy, Chairman