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Wtf do fund formation attorneys do all day

Isn’t it all just form documents
Orange office
  08/31/22
PPMs, LPAs, pretty much whatever we want
jet massive native jap
  08/31/22
It’s a transactional tax practice. They draft waterfal...
Buff metal dragon
  08/31/22
All lawyering is form documents unless you're a Supreme Cour...
sepia provocative personal credit line
  08/31/22
"...making sure tax and securities lawyers review and s...
ultramarine stage messiness
  08/31/22
Which is what everyone does….
Diverse Stead Juggernaut
  08/31/22
Hey….
Diverse Stead Juggernaut
  08/31/22
M&A there is diligence and schedules and tons of unique ...
Orange office
  09/01/22
Get paid lots of money and heavily pad their hours
puce round eye
  08/31/22
Yea I heard the padding is out there and it is like 15 ho...
Orange office
  09/01/22
form funds
Comical translucent mother incel
  09/01/22
...
cracking offensive associate hissy fit
  09/01/22
...
mischievous cerebral mad-dog skullcap
  06/02/23
...
Duck-like nibblets dilemma
  06/02/23
It’s for women and LLMs
coiffed submissive trump supporter hunting ground
  09/01/22
...
Olive state
  06/02/23
Employ the skills they learned in law school
indigo bat-shit-crazy place of business
  06/02/23
...
Olive state
  07/09/23


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Date: August 31st, 2022 9:05 PM
Author: Orange office

Isn’t it all just form documents

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101409)



Reply Favorite

Date: August 31st, 2022 9:33 PM
Author: jet massive native jap

PPMs, LPAs, pretty much whatever we want

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101542)



Reply Favorite

Date: August 31st, 2022 9:54 PM
Author: Buff metal dragon

It’s a transactional tax practice. They draft waterfalls and GP control provisions for funds in esoteric structures, eg offshore master/multi-feeder, for flagship funds, spvs, joint ventures, and whatever their bitchass entitled PE clients can think up in a tax-efficient way for partners with variable economic and control interests in different jurisdictions. They’re also outside GC for fund complexes and handle a shitload of employment, private client, and regulatory matters. It’s pretty gay.

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101656)



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Date: August 31st, 2022 10:14 PM
Author: sepia provocative personal credit line

All lawyering is form documents unless you're a Supreme Court litigator . When you do a new fund you take the last fund and shift some shit in the GP's favor or update for a good idea someone had for another fund. Then the big LPs' lawyers give you annoying comments. Then you argue and turn drafts. It's like any transactional practice.

Also side letters, reviewing sub books and telling the compliance monkey on the other side that he should try again to fill in all the pages, forming a lot of legal entities, making sure tax and securities lawyers review and sign off so you can blame them if something important goes wrong, etc.

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101770)



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Date: August 31st, 2022 10:16 PM
Author: ultramarine stage messiness

"...making sure tax and securities lawyers review and sign off so you can blame them if something important goes wrong, etc."

Fag. Just yolo it and change funds every 3 years.

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101776)



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Date: August 31st, 2022 10:17 PM
Author: Diverse Stead Juggernaut

Which is what everyone does….

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101790)



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Date: August 31st, 2022 10:17 PM
Author: Diverse Stead Juggernaut

Hey….

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101786)



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Date: September 1st, 2022 4:26 PM
Author: Orange office

M&A there is diligence and schedules and tons of unique issues that pop up. I don’t see how there can be nearly as much to think about from fund 7 to fund 8

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45105404)



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Date: August 31st, 2022 10:17 PM
Author: puce round eye

Get paid lots of money and heavily pad their hours

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45101789)



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Date: September 1st, 2022 4:27 PM
Author: Orange office

Yea I heard the padding is out there and it is like

15 hours. Attention to fund formation matters.

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45105406)



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Date: September 1st, 2022 4:30 PM
Author: Comical translucent mother incel

form funds

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45105428)



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Date: September 1st, 2022 4:31 PM
Author: cracking offensive associate hissy fit



(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45105432)



Reply Favorite

Date: June 2nd, 2023 3:37 PM
Author: mischievous cerebral mad-dog skullcap



(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#46383819)



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Date: June 2nd, 2023 3:38 PM
Author: Duck-like nibblets dilemma



(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#46383823)



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Date: September 1st, 2022 4:32 PM
Author: coiffed submissive trump supporter hunting ground

It’s for women and LLMs

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#45105438)



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Date: June 2nd, 2023 3:27 PM
Author: Olive state



(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#46383779)



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Date: June 2nd, 2023 3:29 PM
Author: indigo bat-shit-crazy place of business

Employ the skills they learned in law school

(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#46383792)



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Date: July 9th, 2023 10:11 AM
Author: Olive state



(http://www.autoadmit.com/thread.php?thread_id=5183599&forum_id=2#46527297)