Abstract: A gripping tool having a main body with a plurality of gripping ends. A first body arm is integral to and extends outward from the main body at one of the plurality of gripping ends. A first upper jaw is formed on the first body arm with a first clamping arm flexibly mounted to the first body arm by a pivot member. The first clamping arm has a first lower jaw formed thereon. Also, a method for grasping a tool by first applying a compressive force between a fixed arm and a clamping arm on one side of a pivot member to open a set of jaws on the opposite side of the pivot member. The open jaws are then moved in a direction perpendicular to the compressive force to arrange the open jaws around the shaft of a tool such that the tool is grasped when the compressive force is released.