Pierce Bainbridge Founder Admits Missteps, Vows Comeback

By Ryan Boysen (May 5, 2020, 2:47 PM EDT) -- Pierce Bainbridge grew too big, too quickly and spent too much money trying to become "the next dominant global litigation firm," founder John Pierce told Law360, acknowledging a series of missteps even as he vowed to rebuild the struggling litigation boutique.

Despite the departure of roughly 60 attorneys in the past six months, a seemingly unpaid $65 million tab with litigation funder Virage Capital Management LP and a series of recent lawsuits targeting Pierce and Pierce Bainbridge Beck Price & Hecht LLP over alleged defaults on small business loans, Pierce said his firm is not calling it quits.

"I can assure you that...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Law Firms


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!