Deeb Blum Splits, Partners Join Anderson Kill, Shook Hardy
Deeb focuses his practice on commercial and employment litigation; Frishberg focuses on estate planning and administration, corporate, real estate and tax planning; Markovich focuses on business reorganization and bankruptcy, commercial finance transactions, debt restructuring, creditors' rights and financial services regulation; and Murphy focuses on corporate transaction work and commercial litigation on behalf of banks, construction companies, real estate developers and municipalities, among other clients.
Pamela D. Hans, managing shareholder of Anderson Kill's Philadelphia office, said the group brings strong commercial litigation and financial services capabilities to the firm's existing banking, energy and construction clients.
Hans said the group brings a significant number of new clients to Anderson Kill in addition to the clients the two firms already have in common in the financial sector.
Hans added that Frishberg's estate planning practice enhances Anderson Kill's existing group of attorneys in that area.
Likewise, Frishberg said Anderson Kill presented his group with a similar expansion opportunity.
"We thought it was a great firm and we thought they added an expansion of services to our clients, added more depth and had more of a national presence than we did," Frishberg said.
Deeb Blum, founded as Frey Petrakis Deeb Blum & Murphy in 1989 by former partners L. Oliver Frey and Jonathan M. Petrakis, underwent a few key personnel changes over the past five-and-a-half years, beginning with the departure of Frey for Saul Ewing in April 2008.
The firm carried on as Deeb Petrakis Blum & Murphy until September 2011, when Petrakis departed for Duane Morris, prompting the firm to again change its name to Deeb Blum Murphy Frishberg & Markovich.
Recruiter Frank D'Amore, who was not involved in either move by the Deeb Blum attorneys, said Petrakis was a "significant figure" at the firm and noted that it's not uncommon to see smaller firms make major changes after losing an attorney like that.
D'Amore said Deeb Blum is known for being a quality firm with a diverse practice that belies its size.