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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...
frisky toaster
  07/24/17
...
Aromatic pearly stag film
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Lascivious mexican community account
  07/24/17
...
Multi-colored goal in life
  07/25/17
There's no reason to give opinion letters unless it's some h...
Snowy laughsome masturbator sweet tailpipe
  07/24/17
legal opinions in securities offerings are fucking hilarious...
hairraiser kitty cat lay
  07/24/17
i thought you meant like an alarm would go off and the inter...
Exhilarant nursing home
  07/24/17
...
Swashbuckling Spruce Bawdyhouse
  07/25/17
TWO. PARTNER. APPROVAL.
adulterous brethren
  07/24/17
...
sick fuchsia giraffe center
  07/25/17
rofl holy shit legal opinions are so faggot
hairraiser kitty cat lay
  07/24/17
we literally have an "opinion committee" of a half...
Aromatic pearly stag film
  07/24/17
(Could be a lot of firms but most recently skadden)
onyx step-uncle's house
  07/25/17
huge fags itt
filthy zombie-like reading party
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
hairraiser kitty cat lay
  07/25/17
...
onyx step-uncle's house
  07/25/17
Opinion committees ime are always comprised of two or three ...
fishy diverse volcanic crater
  07/24/17
...
Aromatic pearly stag film
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Citrine Offensive Forum
  07/24/17
...
translucent up-to-no-good property incel
  07/25/17
rofl cr
hairraiser kitty cat lay
  07/25/17
would also have accepted "here is our weighty legal opi...
hairraiser kitty cat lay
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: frisky toaster

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: Aromatic pearly stag film



(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: Lascivious mexican community account

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: Multi-colored goal in life



(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: Snowy laughsome masturbator sweet tailpipe

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: hairraiser kitty cat lay

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: Exhilarant nursing home

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: Swashbuckling Spruce Bawdyhouse



(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: adulterous brethren

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: sick fuchsia giraffe center



(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: hairraiser kitty cat lay

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: Aromatic pearly stag film

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: onyx step-uncle's house

(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: filthy zombie-like reading party

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: hairraiser kitty cat lay

(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: onyx step-uncle's house



(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: fishy diverse volcanic crater

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: Aromatic pearly stag film



(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: Citrine Offensive Forum

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: translucent up-to-no-good property incel



(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: hairraiser kitty cat lay

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: hairraiser kitty cat lay

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)