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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...
honey-headed up-to-no-good parlour coffee pot
  07/24/17
...
haunting vigorous community account
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
primrose locus
  07/24/17
...
disrespectful drunken indian lodge mexican
  07/25/17
There's no reason to give opinion letters unless it's some h...
misanthropic motley pisswyrm
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Glassy Sex Offender
  07/24/17
i thought you meant like an alarm would go off and the inter...
Electric genital piercing idea he suggested
  07/24/17
...
bat shit crazy nowag mad-dog skullcap
  07/25/17
TWO. PARTNER. APPROVAL.
ocher fragrant shrine
  07/24/17
...
Iridescent son of senegal
  07/25/17
rofl holy shit legal opinions are so faggot
Glassy Sex Offender
  07/24/17
we literally have an "opinion committee" of a half...
haunting vigorous community account
  07/24/17
(Could be a lot of firms but most recently skadden)
Sooty orchestra pit striped hyena
  07/25/17
huge fags itt
Fear-inspiring laughsome doctorate
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Glassy Sex Offender
  07/25/17
...
Sooty orchestra pit striped hyena
  07/25/17
Opinion committees ime are always comprised of two or three ...
Razzmatazz Macaca
  07/24/17
...
haunting vigorous community account
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Chrome step-uncle's house
  07/24/17
...
Yapping bearded keepsake machete school
  07/25/17
rofl cr
Glassy Sex Offender
  07/25/17
would also have accepted "here is our weighty legal opi...
Glassy Sex Offender
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: honey-headed up-to-no-good parlour coffee pot

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: haunting vigorous community account



(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: primrose locus

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: disrespectful drunken indian lodge mexican



(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: misanthropic motley pisswyrm

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: Glassy Sex Offender

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: Electric genital piercing idea he suggested

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: bat shit crazy nowag mad-dog skullcap



(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: ocher fragrant shrine

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: Iridescent son of senegal



(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: Glassy Sex Offender

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: haunting vigorous community account

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: Sooty orchestra pit striped hyena

(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: Fear-inspiring laughsome doctorate

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: Glassy Sex Offender

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

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



Reply Favorite

Date: July 25th, 2017 12:37 AM
Author: Sooty orchestra pit striped hyena



(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: Razzmatazz Macaca

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: haunting vigorous community account



(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: Chrome step-uncle's house

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: Yapping bearded keepsake machete school



(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: Glassy Sex Offender

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: Glassy Sex Offender

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)