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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...
curious casino karate
  07/24/17
...
Thriller kitchen quadroon
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Carmine cerebral dilemma
  07/24/17
...
Fiercely-loyal area
  07/25/17
There's no reason to give opinion letters unless it's some h...
razzmatazz bull headed gaming laptop jew
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Misanthropic chapel associate
  07/24/17
i thought you meant like an alarm would go off and the inter...
Disturbing School Double Fault
  07/24/17
...
Soul-stirring Avocado Clown
  07/25/17
TWO. PARTNER. APPROVAL.
gaped erotic stain
  07/24/17
...
Trip Chestnut Box Office Giraffe
  07/25/17
rofl holy shit legal opinions are so faggot
Misanthropic chapel associate
  07/24/17
we literally have an "opinion committee" of a half...
Thriller kitchen quadroon
  07/24/17
(Could be a lot of firms but most recently skadden)
Pontificating hateful athletic conference doctorate
  07/25/17
huge fags itt
Effete Round Eye
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Misanthropic chapel associate
  07/25/17
...
Pontificating hateful athletic conference doctorate
  07/25/17
Opinion committees ime are always comprised of two or three ...
nofapping chest-beating menage water buffalo
  07/24/17
...
Thriller kitchen quadroon
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
aphrodisiac impertinent kitty cat patrolman
  07/24/17
...
rebellious transparent potus
  07/25/17
rofl cr
Misanthropic chapel associate
  07/25/17
would also have accepted "here is our weighty legal opi...
Misanthropic chapel associate
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: curious casino karate

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: Thriller kitchen quadroon



(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: Carmine cerebral dilemma

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: Fiercely-loyal area



(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: razzmatazz bull headed gaming laptop jew

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: Misanthropic chapel associate

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: Disturbing School Double Fault

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: Soul-stirring Avocado Clown



(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: gaped erotic stain

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: Trip Chestnut Box Office Giraffe



(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: Misanthropic chapel associate

rofl holy shit legal opinions are so faggot

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847545)



Reply Favorite

Date: July 24th, 2017 10:06 PM
Author: Thriller kitchen quadroon

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: Pontificating hateful athletic conference doctorate

(Could be a lot of firms but most recently skadden)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848750)



Reply Favorite

Date: July 24th, 2017 10:06 PM
Author: Effete Round Eye

huge fags itt

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847557)



Reply Favorite

Date: July 25th, 2017 12:05 AM
Author: Misanthropic chapel associate

(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: Pontificating hateful athletic conference doctorate



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848755)



Reply Favorite

Date: July 24th, 2017 10:06 PM
Author: nofapping chest-beating menage water buffalo

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)



Reply Favorite

Date: July 24th, 2017 10:08 PM
Author: Thriller kitchen quadroon



(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: aphrodisiac impertinent kitty cat patrolman

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: rebellious transparent potus



(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: Misanthropic chapel associate

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: Misanthropic chapel associate

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)