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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...
Drab effete chad
  07/24/17
...
Razzle-dazzle azure shrine pervert
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
zombie-like persian
  07/24/17
...
Arousing crimson sandwich patrolman
  07/25/17
There's no reason to give opinion letters unless it's some h...
orange box office
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Aromatic amber son of senegal half-breed
  07/24/17
i thought you meant like an alarm would go off and the inter...
lilac spectacular filthpig liquid oxygen
  07/24/17
...
Dull Parlour Psychic
  07/25/17
TWO. PARTNER. APPROVAL.
Vigorous temple mexican
  07/24/17
...
olive 180 theater stage azn
  07/25/17
rofl holy shit legal opinions are so faggot
Aromatic amber son of senegal half-breed
  07/24/17
we literally have an "opinion committee" of a half...
Razzle-dazzle azure shrine pervert
  07/24/17
(Could be a lot of firms but most recently skadden)
Salmon internal respiration
  07/25/17
huge fags itt
motley stead
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Aromatic amber son of senegal half-breed
  07/25/17
...
Salmon internal respiration
  07/25/17
Opinion committees ime are always comprised of two or three ...
Appetizing brindle pistol abode
  07/24/17
...
Razzle-dazzle azure shrine pervert
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Cerebral theater blood rage
  07/24/17
...
frisky orchestra pit foreskin
  07/25/17
rofl cr
Aromatic amber son of senegal half-breed
  07/25/17
would also have accepted "here is our weighty legal opi...
Aromatic amber son of senegal half-breed
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Drab effete chad

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: Razzle-dazzle azure shrine pervert



(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: zombie-like persian

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: Arousing crimson sandwich patrolman



(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: orange box office

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: Aromatic amber son of senegal half-breed

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: lilac spectacular filthpig liquid oxygen

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: Dull Parlour Psychic



(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: Vigorous temple mexican

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: olive 180 theater stage azn



(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: Aromatic amber son of senegal half-breed

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: Razzle-dazzle azure shrine pervert

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: Salmon internal respiration

(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: motley stead

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: Aromatic amber son of senegal half-breed

(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: Salmon internal respiration



(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: Appetizing brindle pistol abode

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: Razzle-dazzle azure shrine pervert



(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: Cerebral theater blood rage

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: frisky orchestra pit foreskin



(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: Aromatic amber son of senegal half-breed

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: Aromatic amber son of senegal half-breed

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)