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Always funny when Biglaw firms get worked up about legal opinions

At my old biglaw firm, these would be a battle. Now at my...
titillating halford ceo
  07/24/17
...
beady-eyed institution
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Bistre coffee pot prole
  07/24/17
...
wine cruise ship
  07/25/17
There's no reason to give opinion letters unless it's some h...
pink know-it-all gaping
  07/24/17
legal opinions in securities offerings are fucking hilarious...
sinister 180 location mother
  07/24/17
i thought you meant like an alarm would go off and the inter...
harsh brunch antidepressant drug
  07/24/17
...
amethyst parlor
  07/25/17
TWO. PARTNER. APPROVAL.
Ebony Whorehouse Fat Ankles
  07/24/17
...
Gaped Meetinghouse Ape
  07/25/17
rofl holy shit legal opinions are so faggot
sinister 180 location mother
  07/24/17
we literally have an "opinion committee" of a half...
beady-eyed institution
  07/24/17
(Could be a lot of firms but most recently skadden)
silver potus
  07/25/17
huge fags itt
heady hairy legs
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
sinister 180 location mother
  07/25/17
...
silver potus
  07/25/17
Opinion committees ime are always comprised of two or three ...
Hyperventilating ladyboy
  07/24/17
...
beady-eyed institution
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Mahogany concupiscible goal in life resort
  07/24/17
...
Pale soul-stirring area
  07/25/17
rofl cr
sinister 180 location mother
  07/25/17
would also have accepted "here is our weighty legal opi...
sinister 180 location mother
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: titillating halford ceo

At my old biglaw firm, these would be a battle.

Now at my boutique, we basically just give the lender whatever they reasonably request....knowing that the odds they are ever enforced is basically zero and our clients prefer we spend their money on more important things.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847500)



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Date: July 24th, 2017 10:04 PM
Author: beady-eyed institution



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847548)



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Date: July 24th, 2017 10:07 PM
Author: Bistre coffee pot prole

No shit the client doesn't care if the law firm's opinion is shit because it is the firm's ass/reputation on the line if the opinion is wrong.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847566)



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Date: July 25th, 2017 12:52 AM
Author: wine cruise ship



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848863)



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Date: July 24th, 2017 10:02 PM
Author: pink know-it-all gaping

There's no reason to give opinion letters unless it's some huge deal and they are paying you a ton.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847533)



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Date: July 24th, 2017 10:04 PM
Author: sinister 180 location mother

legal opinions in securities offerings are fucking hilarious

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847549)



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Date: July 24th, 2017 10:03 PM
Author: harsh brunch antidepressant drug

i thought you meant like an alarm would go off and the intercom "please report to the conference room, the 9th circuit just issued five opinions with 20 plus page opinions. we have ice cream."

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847536)



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Date: July 25th, 2017 12:37 AM
Author: amethyst parlor



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848760)



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Date: July 24th, 2017 10:03 PM
Author: Ebony Whorehouse Fat Ankles

TWO. PARTNER. APPROVAL.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847541)



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Date: July 25th, 2017 12:59 AM
Author: Gaped Meetinghouse Ape



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848903)



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Date: July 24th, 2017 10:04 PM
Author: sinister 180 location mother

rofl holy shit legal opinions are so faggot

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847545)



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Date: July 24th, 2017 10:06 PM
Author: beady-eyed institution

we literally have an "opinion committee" of a half dozen partners. almost impossible to get anything done

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847555)



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Date: July 25th, 2017 12:37 AM
Author: silver potus

(Could be a lot of firms but most recently skadden)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848750)



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Date: July 24th, 2017 10:06 PM
Author: heady hairy legs

huge fags itt

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847557)



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Date: July 25th, 2017 12:05 AM
Author: sinister 180 location mother

(gunner non-equity partner on his firm's opinion cmmttee)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848533)



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Date: July 25th, 2017 12:37 AM
Author: silver potus



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848755)



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Date: July 24th, 2017 10:06 PM
Author: Hyperventilating ladyboy

Opinion committees ime are always comprised of two or three rainmakers who have no idea what theyre signing (except the tax weirdo) and are never there to sign it

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847563)



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Date: July 24th, 2017 10:08 PM
Author: beady-eyed institution



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847577)



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Date: July 24th, 2017 10:14 PM
Author: Mahogany concupiscible goal in life resort

We have reviewed all the stuff. If the data is accurate and the agreement terms are as presented by the issuer and the financial statements are accurate then we think your okay. But we cant say anything about any of thoee thongs because they are all someone else's responsibility. Xoxohth!

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847624)



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Date: July 25th, 2017 12:03 AM
Author: Pale soul-stirring area



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848524)



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Date: July 25th, 2017 12:03 AM
Author: sinister 180 location mother

rofl cr

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848526)



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Date: July 25th, 2017 12:04 AM
Author: sinister 180 location mother

would also have accepted "here is our weighty legal opinion on the transaction in question: {2 paragraphs}. and here are our exceptions and qualifications: {9 pages}."

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848530)