Arthur R.G. Solmssen, Jr. Leaves Dechert for Crosby Family Office
Philadelphia - Dechert LLP announced the resignation today of Arthur R.G. Solmssen, Jr. from the partnership. Solmssen is leaving to become head of the Crosby Family Office and the Crosby Company of New Hampshire. Crosby was created by the Johnson family and is based in Salem, New Hampshire.
In his new position, Solmssen will coordinate the interests of the Johnson family, which include investments in a global financial services business, a trust company, venture capital, private equity, real estate, public securities, significant charitable organizations, and art and antiquities. He will work with the senior leaders of these platforms at Crosby to carry out the goals of the Johnson family and to assist with the development of the family's strategic planning.
Solmssen has been a partner of Dechert LLP since 2000 and will assume his new role in September. A leader in the firm’s Private Client group, Solmssen has worked for more than 20 years in the areas of U.S. and international estate planning, estate administration, and estate and trust litigation.
“I have enjoyed many years at Dechert working with families and family businesses, and I am proud that during my years as a partner Dechert has grown its private client practice as part of its overall global expansion.” Solmssen said. “When this opportunity to work with the Johnson family and the Crosby Company of New Hampshire arose, it was such an exciting prospect that my wife and I decided to move from Philadelphia to New England to take it on. ”
“We wish R.G. well,” said Dechert CEO Henry Nassau. “He has been a tremendous asset to the firm, a dedicated partner, a thoughtful business and legal advisor to clients, and certainly a good friend to us all. As a leader of his group for many years, he found a way for private client work to fit strategically into an international firm. The firm intends to continue that growth after his departure.”
A graduate of Harvard College (A.B., 1985) and the University of Pennsylvania Law School, (J.D., 1989), Solmssen joined Dechert in 1993 after several years as a trial lawyer with the Defender Association of Philadelphia.
