Posted Mar 14, 2014 07:45 pm CDT
A founding partner of litigation defense boutique Lavin O’Neil Ricci Cedrone & Disipio is leaving the firm, along with six other lawyers, after almost 30 years there, in order to form a new legal shop.
William J. Ricci and his team will join with all 11 lawyers from dissolving Hollstein Keating Cattell Johnson & Goldstein to form Ricci Tyrrell Johnson & Grey, reports the Philadelphia Business Journal. The new firm will be in business as of March 31.
Managing partner John E. Tyrrell of the dissolving firm has known Ricci’s law partner, Francis J. Grey, Jr., since their law school days.
“Fran, Bill and I have known each other for years and it’s sort of a mutual admiration society,” he told the legal publication. “We have similar clients and practices so it makes sense.”
Tyrell said the new firm will have offices in New York and Marlton, N.J., as well as Philadelphia. Representing businesses and insurers in liability and coverage matters is expected to be a major practice focus.
The move by Ricci’s group leaves the Lavin firm with 57 lawyers. The firm’s managing partner, Basil DiSipio, has known Ricci since law school and wished him well.