The bad news coming out of the self-proclaimed “Fastest Growing Law Firm in the History of the World” continues with reports not only of a flood of firm departures, but also now reports of fractured client relationships.
Pierce Bainbridge Beck Price & Hecht LLP continues to take on water. Time will tell if managing partner John Pierce, given to tough marine-talk, Captain “Kevlar-and-Titanium Skinned” John Pierce can lead his self-proclaimed Attorney Navy SEALs through the turbulent waters it appears to be navigating.
The firm, famously recently taking on Presidential lawyer Rudy Giuliani as a client, has had a colorful history.
The Pierce Bainbridge issues are multi-faceted. There are lawsuits from a former partner. There’s a multi-million default declared by a litigation funder. There are references to ethical violations per written judicial opinions. And there are attorneys leaving in droves.
But there now seems to be a further issue hitting the firm: Pierce Bainbridge clients.
It appears Pierce Bainbridge also has been experiencing client difficulties with reports that in the last several months, at least three such relationships have ruptured.
We’ve detailed the issues below.
However, the problems faced with departures continue for Pierce Bainbridge. We recently reported that at least fourteen (14) attorneys have hit the eject button on Pierce Bainbridge — seven (7) of them partners, which signals some serious issues within the firm.
Another associate has recently quite Team Pierce, which brings the recent exodus from the firm to at least sixteen attorneys.
Clairborne “Clay” Hane (right) has left the firm. He was reportedly brought in with much fanfare due to his experience with class actions. Pierce was reportedly effusive in his praise of Hane, who had formerly worked at Labaton Sacharow. While Hane appears to have lasted slightly longer than one year, the other at least 15 attorneys – seven of them partners – who left before him did not.
These attorneys appear to have had longer tenure at their prior legal stops, which included respected legal environments like Baker & Hostetler, Baker McKenzie, Kasowitz Benson, Kaye Scholer, Latham & Watkins, Lieff Cabraser, McKool Smith, NYC Law Department, NY State Office of the Attorney General, Paul Weiss, Quinn Emanuel, Ropes & Gray, Sipson Tacher, Sonnenschein Nath & Rosenthal, Sullivan & Cromwell, Wachtell Lipton, Wilson Sonsini, Winston & Strawn, US Department of Justice and the US Attorney’s Office.
Out of the 16 reported attorney departures, none have publicly commented or done so in legal proceedings about their reason for leaving.
However former professional soccer player Michael Winograd (left) who bolted PB for Brown Rudnick after a few months reportedly referred to his new station as a “true law partnership”, an apparent jab at the embattled Pierce Bainbridge.
The John Pierce Carousel
The seeming constant in the law firm founded in January 2017 has been John Mark Pierce and unprecedented staff turnover.
The firm is already on its third name, the first being Pierce Sergenian followed by Pierce Burns, and now Pierce Bainbridge.
The Lewis Lawsuits
Lewis has been at the forefront of exposing what appears to be the severe dysfunction and general chaotic nature of Pierce Bainbridge and which we have reported here at LawFuel, as well as in other legal media.
Lewis has two ongoing lawsuits in New York against Pierce Bainbridge, a slew of its partners, Littler Mendelson, its partners Jeanine Conley and Putney Twombly, and its partner Michael D. Yim.
The Lewis lawsuits are premised on accusations of financial misconduct, malice, deceit, defamation and dishonesty; we have followed the litigations closely and the Lewis accusations appear well-grounded.
THE ROCKY CLIENT PIERCE BAINBRIDGE ROAD
Fractured Client Relationship #1
In March 2019, Pierce Bainbridge withdrew from its representation of Greenway Nutrients just days before a true-up hearing for a default judgement.
The uncontested default judgement was speculated to be valued in the tens of millions of dollars. John Pierce penned a combative and threatening e-mail to his client – a copy is below.
Case 9:18-cv-81104-BB Document 102 Entered on FLSD Docket 04/18/2019 Page 82 of 105