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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...
Chrome sadistic set
  07/24/17
...
jet-lagged haunted graveyard locale
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Razzle-dazzle Magenta Psychic
  07/24/17
...
orchid beta pervert
  07/25/17
There's no reason to give opinion letters unless it's some h...
submissive university
  07/24/17
legal opinions in securities offerings are fucking hilarious...
adventurous primrose whorehouse
  07/24/17
i thought you meant like an alarm would go off and the inter...
Emerald Vengeful Abode
  07/24/17
...
aromatic fear-inspiring theater stage
  07/25/17
TWO. PARTNER. APPROVAL.
vigorous heaven
  07/24/17
...
underhanded degenerate native
  07/25/17
rofl holy shit legal opinions are so faggot
adventurous primrose whorehouse
  07/24/17
we literally have an "opinion committee" of a half...
jet-lagged haunted graveyard locale
  07/24/17
(Could be a lot of firms but most recently skadden)
marvelous know-it-all bbw
  07/25/17
huge fags itt
Spectacular Area Selfie
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
adventurous primrose whorehouse
  07/25/17
...
marvelous know-it-all bbw
  07/25/17
Opinion committees ime are always comprised of two or three ...
curious potus idiot
  07/24/17
...
jet-lagged haunted graveyard locale
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
racy mentally impaired shrine background story
  07/24/17
...
saffron lay
  07/25/17
rofl cr
adventurous primrose whorehouse
  07/25/17
would also have accepted "here is our weighty legal opi...
adventurous primrose whorehouse
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Chrome sadistic set

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: jet-lagged haunted graveyard locale



(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: Razzle-dazzle Magenta Psychic

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: orchid beta pervert



(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: submissive university

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: adventurous primrose whorehouse

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: Emerald Vengeful Abode

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: aromatic fear-inspiring theater stage



(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 heaven

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: underhanded degenerate native



(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: adventurous primrose whorehouse

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: jet-lagged haunted graveyard locale

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: marvelous know-it-all bbw

(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: Spectacular Area Selfie

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: adventurous primrose whorehouse

(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: marvelous know-it-all bbw



(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: curious potus idiot

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: jet-lagged haunted graveyard locale



(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: racy mentally impaired shrine background story

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: saffron lay



(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: adventurous primrose whorehouse

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: adventurous primrose whorehouse

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)