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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...
opaque insecure dragon
  07/24/17
...
Nubile Field
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Demanding Well-lubricated Deer Antler Chapel
  07/24/17
...
Geriatric forum wagecucks
  07/25/17
There's no reason to give opinion letters unless it's some h...
navy piazza ratface
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Pontificating international law enforcement agency
  07/24/17
i thought you meant like an alarm would go off and the inter...
Mauve cuckoldry
  07/24/17
...
razzle-dazzle lay roommate
  07/25/17
TWO. PARTNER. APPROVAL.
wine garrison
  07/24/17
...
Green psychic lodge
  07/25/17
rofl holy shit legal opinions are so faggot
Pontificating international law enforcement agency
  07/24/17
we literally have an "opinion committee" of a half...
Nubile Field
  07/24/17
(Could be a lot of firms but most recently skadden)
Bat shit crazy indigo nowag property
  07/25/17
huge fags itt
mind-boggling lemon temple
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Pontificating international law enforcement agency
  07/25/17
...
Bat shit crazy indigo nowag property
  07/25/17
Opinion committees ime are always comprised of two or three ...
Cerebral chad
  07/24/17
...
Nubile Field
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Big-titted soul-stirring home
  07/24/17
...
fragrant love of her life address
  07/25/17
rofl cr
Pontificating international law enforcement agency
  07/25/17
would also have accepted "here is our weighty legal opi...
Pontificating international law enforcement agency
  07/25/17


Poast new message in this thread



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Date: July 24th, 2017 9:59 PM
Author: opaque insecure dragon

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: Nubile Field



(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: Demanding Well-lubricated Deer Antler Chapel

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: Geriatric forum wagecucks



(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: navy piazza ratface

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: Pontificating international law enforcement agency

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: Mauve cuckoldry

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: razzle-dazzle lay roommate



(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: wine garrison

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: Green psychic lodge



(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: Pontificating international law enforcement agency

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: Nubile Field

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: Bat shit crazy indigo nowag property

(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: mind-boggling lemon temple

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: Pontificating international law enforcement agency

(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: Bat shit crazy indigo nowag property



(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: Cerebral chad

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: Nubile Field



(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: Big-titted soul-stirring home

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: fragrant love of her life address



(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: Pontificating international law enforcement agency

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: Pontificating international law enforcement agency

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)