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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...
aromatic school telephone
  07/24/17
...
erotic amethyst philosopher-king electric furnace
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
stimulating stag film
  07/24/17
...
Silver Lascivious Forum Striped Hyena
  07/25/17
There's no reason to give opinion letters unless it's some h...
Marvelous Duck-like Hissy Fit
  07/24/17
legal opinions in securities offerings are fucking hilarious...
pink passionate stain site
  07/24/17
i thought you meant like an alarm would go off and the inter...
concupiscible disturbing ticket booth
  07/24/17
...
apoplectic hairraiser office coffee pot
  07/25/17
TWO. PARTNER. APPROVAL.
disrespectful bipolar international law enforcement agency
  07/24/17
...
vengeful jet-lagged filthpig
  07/25/17
rofl holy shit legal opinions are so faggot
pink passionate stain site
  07/24/17
we literally have an "opinion committee" of a half...
erotic amethyst philosopher-king electric furnace
  07/24/17
(Could be a lot of firms but most recently skadden)
Talking Puce Chad
  07/25/17
huge fags itt
Judgmental ratface reading party
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
pink passionate stain site
  07/25/17
...
Talking Puce Chad
  07/25/17
Opinion committees ime are always comprised of two or three ...
cerise big wagecucks
  07/24/17
...
erotic amethyst philosopher-king electric furnace
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Lavender Aphrodisiac Jew
  07/24/17
...
excitant rigor
  07/25/17
rofl cr
pink passionate stain site
  07/25/17
would also have accepted "here is our weighty legal opi...
pink passionate stain site
  07/25/17


Poast new message in this thread



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Date: July 24th, 2017 9:59 PM
Author: aromatic school telephone

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: erotic amethyst philosopher-king electric furnace



(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: stimulating stag film

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: Silver Lascivious Forum Striped Hyena



(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: Marvelous Duck-like Hissy Fit

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: pink passionate stain site

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: concupiscible disturbing ticket booth

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: apoplectic hairraiser office coffee pot



(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: disrespectful bipolar international law enforcement agency

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: vengeful jet-lagged filthpig



(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: pink passionate stain site

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: erotic amethyst philosopher-king electric furnace

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: Talking Puce Chad

(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: Judgmental ratface 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: pink passionate stain site

(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: Talking Puce Chad



(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: cerise big wagecucks

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: erotic amethyst philosopher-king electric furnace



(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: Lavender Aphrodisiac Jew

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: excitant rigor



(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: pink passionate stain site

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: pink passionate stain site

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)