After a raft of partner exits at Pierce Bainbridge Beck Price & Hecht, managing partner John Pierce is denying reports of his firm’s demise, saying on Thursday that the firm continues to litigate but has had to lay off associates and staff.

Pierce’s comments came a day after Law360 reported that Pierce Bainbridge was winding down. The firm’s chief financial officer and chief operating officer told attorneys on a call earlier this week that the firm would be closing its doors this month, according to the Law360 report, which cited two unnamed sources.

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