Thought Leadership

As the holidays approach, I want to thank our loyal clients and everyone at Marshall Dennehey for helping transform another challenging year into a success.

2022 produced a unique set of circumstances for the country at large and our industry in particular.

These included the Omicron surge at the beginning of the year, pitting a relatively milder variant against a largely vaccinated population. It was somehow less a threat but highly transmissible and, before long, the number of us testing positive had soared. This had a disruptive effect on businesses large and small and got many off to a slow start.

No sooner did Omicron recede did the Great Resignation intensify, which ultimately led to some 40 million Americans changing jobs. Perhaps you are one of them and now settling into a new position. We know both the claims and legal industry saw unprecedented movement this year and often fierce competition for talent.

But there is more. While these events were unfolding, the rate of inflation reached a 40-year high, the stock market tumbled, and our country’s supply chains stalled.

If it seemed like business was anything but usual, that is because it was. Anything but usual.

And yet, through all the uncertainty, Marshall Dennehey remained a beacon of reliability to clients and opportunity for employees. There we stood. An Am Law 200 law firm with 19 offices in seven states. Resolute. Proud to be celebrating 60 years in business. Grateful for our many blessings.

In one of the tightest labor markets in history, we continued to attract legal talent. Throughout the year, we recruited. We hired. We onboarded associates, lateral shareholders with portable business, and, in October, the former Delany Law Group—absorbing much of that firm.

How did we attract such extraordinary trial talent when a number of our competitors had approached them as well? In a conversation before his arrival, the Delany Law Group’s founder, Jack Delany, explained it was Marshall Dennehey’s “integrity, impeccable reputation and progressive ideals.”

This year, in addition to bringing associates, shareholders, and another law firm into Marshall Dennehey, we opened a brand new office in New Haven, Connecticut. In less than a year, it has become one of the fastest growing in the firm.

It has also been energizing, throughout the year, to reunite in person with clients from California to London, England, and resume attending and presenting at industry conferences. We had really missed the personal connections and have enjoyed congratulating so many of you on your promotions since we had last been together.

In that same spirit, one of the most important, consequential, and enduring things we did this year was stand up Marshall Dennehey’s next generation of leaders. Careers advanced at every level, including practice department directors, managing attorneys of our regional offices, practice group silos, and administrative departments. At our Annual Shareholder’s Meeting, 20 different attorneys were elected to shareholder effective January 1st. All this was done with an eye toward diversity and inclusion and was in keeping with an ongoing commitment to elevate women to positions of leadership and responsibility in the firm.

Such progress has attracted attention. In a large-scale, independent survey of law firms to determine where associates are happiest, BTI awarded the firm a coveted spot on its “Associate Satisfaction A-Listers.” Women attorneys, in particular, distinguished Marshall Dennehey for programs that associates value most. We were also named a 2022 “Tipping the Scales” law firm by the Diversity & Flexibility Alliance for our advancement of women in the profession.

This recognition complimented other accolades. Marshall Dennehey was named a “2023 Best Law Firm” in multiple practice areas, both nationally and across numerous regions of the country, by U.S. News – Best Lawyers®. It was recognized by BTI Consulting Group as one of the “Most Recommended Law Firms” in the country by corporate counsel.

Because we have long considered our culture one of the firm’s greatest assets, it was also nice to be applauded, for the tenth consecutive year, as a “Best Place to Work” by the Philadelphia Business Journal.

And as we enter a season of giving, it's worth noting that’s exactly how we celebrated the firm’s 60th Anniversary. By giving back. This year, in lieu of throwing ourselves a big gala, Marshall Dennehey celebrated 60 years in business by providing thousand dollar grants to 60 different charities in the local communities in which we do business. This benefited literacy programs, humane societies, homeless shelters, food banks, libraries, legal aid clinics, substance abuse programs, disease treatment centers, and a host of other worthy causes.

It was a rewarding experience that left us mindful of the significant need all around us.

Folks, it has been quite a year. One marked by adversity but filled with hope, resilience, and the thrill that comes from solving complex problems together. Whether you are a client or an employee, thank you for your contribution to these efforts and for making Marshall Dennehey the extraordinary firm that it is.

On behalf of the Executive Committee, we wish you and your families the very best of holidays and a new year filled with success, happiness, and good health.