Client Allegedly Lived Large on Pierce Bainbridge’s or Firm Founder John Pierce’s Dime

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Revolut lawfuel

Panel Games: Revolut’s New Legal Model is a Quarterly Hunger Games for Big Law

Ben Thomson May 22, 2026 4 min read

If you’re a partner at a Magic Circle firm currently leaning back in your Herman Miller chair, comforted by the warmth of a three-year panel appointment, you might want to sit up. The fintech disruptor that refuses to play by the rules is, predictably, about to break yours. Revolut, the neobank recently valued at a staggering $45 billion following a secondary share sale (with some internal projections whispering closer to…

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