- Deal Activity Slows for Asset-Based Lending, but Portfolio Performance Stays Strong
- Exploring the Future of Supply Chain Finance: Insights from SFNet's Inaugural Conference
- Navigating 2025: SFNet’s Asset-Based Capital Conference Returns to Las Vegas with Premier Insights and Networking
- Siena Lending Group Announces Leadership Transition Plan
- Celebrating the Achievements of SFNet Chapters
Moritt Hock & Hamroff Appoints Its First Chairman and Names Its Next Managing Partner
February 7, 2024
By Moritt Hock & Hamroff
Garden City, NY; February 6, 2024— Marc Hamroff, who had been Managing Partner of Moritt Hock & Hamroff LLP for over 25 years, is assuming the role of Chairman. Michael Cardello III, a long-standing member of the firm's Management Committee and former Chair of the Litigation practice, has been elected Managing Partner. Leadership at the firm established the focus of the Chairman to be spearheading client service, overseeing the firm's long-term vision and executing its long-term plan.
In making the announcement, Hamroff said, "We have experienced significant growth in the past few years and Michael has been an important part of that expansion. He has been part of our team since 1997 and has earned the respect and trust of all who have worked with him. Going forward, I cannot think of anyone who is better equipped to assume this role."
Cardello stated, "I am humbled that my partners had the confidence to allow me to continue in the footsteps of my mentor and friend. Under Marc's leadership, our firm has become a real force in the legal industry, and I expect the growth that we have seen to only accelerate in the coming years. As Chairman, Marc will continue to be a major presence in the firm, and moving forward, will continue to impart his vast experience and knowledge with our leadership team."
Hamroff pointed out that the move will allow him to focus more on his client base, which has been expanding rapidly in recent years along with spearheading the firm's long-term vision and plan. He said, "It is still a great thrill for me to mentor our lawyers and future firm leaders in furtherance of the long-term success of the firm. My new role will also provide me with more time to focus on serving the needs of our clients. It is always gratifying to feel that you are an important part of both our firm and our clients success."
About Moritt Hock & Hamroff
Moritt Hock & Hamroff is a 90-attorney full service commercial law firm, founded in 1980, that provides a wide range of legal services to businesses, corporations and individuals worldwide from its offices in New York City, on Long Island and in Florida.