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Always funny when Biglaw firms get worked up about legal opinions
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Date: July 24th, 2017 9:59 PM Author: Insanely creepy soggy brethren 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. |
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Date: July 24th, 2017 10:04 PM Author: Obsidian principal's office ape (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: Cracking hyperactive puppy 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: vibrant gaming laptop senate (http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848863) |
Date: July 24th, 2017 10:02 PM Author: cyan university partner 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: henna shrine 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: pink seedy locale 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: Arousing sandwich (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: navy den feces 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: harsh sanctuary (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: henna shrine 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: Obsidian principal's office ape 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: Claret razzmatazz legend (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: supple very tactful resort 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: henna shrine (gunner non-equity partner on his firm's opinion cmmttee) (http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848533) |
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Date: July 25th, 2017 12:37 AM Author: Claret razzmatazz legend (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: judgmental apoplectic school trump supporter 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: Obsidian principal's office ape (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: Awkward Adventurous Private Investor 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: provocative twinkling kitchen digit ratio (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: henna shrine 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: henna shrine 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) |