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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...
Wine quadroon
  07/24/17
...
Provocative kitchen
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Plum Irate Legend Field
  07/24/17
...
razzle-dazzle hilarious school cafeteria queen of the night
  07/25/17
There's no reason to give opinion letters unless it's some h...
Sinister boltzmann
  07/24/17
legal opinions in securities offerings are fucking hilarious...
obsidian domesticated keepsake machete
  07/24/17
i thought you meant like an alarm would go off and the inter...
cerebral black trailer park patrolman
  07/24/17
...
Fishy cowardly philosopher-king
  07/25/17
TWO. PARTNER. APPROVAL.
Mint casino pocket flask
  07/24/17
...
judgmental insane water buffalo travel guidebook
  07/25/17
rofl holy shit legal opinions are so faggot
obsidian domesticated keepsake machete
  07/24/17
we literally have an "opinion committee" of a half...
Provocative kitchen
  07/24/17
(Could be a lot of firms but most recently skadden)
shivering charismatic prole stage
  07/25/17
huge fags itt
pearl racy ladyboy office
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
obsidian domesticated keepsake machete
  07/25/17
...
shivering charismatic prole stage
  07/25/17
Opinion committees ime are always comprised of two or three ...
Spectacular aquamarine spot idiot
  07/24/17
...
Provocative kitchen
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
swashbuckling bright twinkling uncleanness
  07/24/17
...
vivacious senate
  07/25/17
rofl cr
obsidian domesticated keepsake machete
  07/25/17
would also have accepted "here is our weighty legal opi...
obsidian domesticated keepsake machete
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Wine quadroon

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: Provocative kitchen



(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: Plum Irate Legend Field

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: razzle-dazzle hilarious school cafeteria queen of the night



(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: Sinister boltzmann

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: obsidian domesticated keepsake machete

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: cerebral black trailer park patrolman

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: Fishy cowardly philosopher-king



(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: Mint casino pocket flask

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: judgmental insane water buffalo travel guidebook



(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: obsidian domesticated keepsake machete

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: Provocative kitchen

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: shivering charismatic prole stage

(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: pearl racy ladyboy office

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: obsidian domesticated keepsake machete

(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: shivering charismatic prole stage



(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: Spectacular aquamarine spot 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: Provocative kitchen



(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: swashbuckling bright twinkling uncleanness

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: vivacious senate



(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: obsidian domesticated keepsake machete

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: obsidian domesticated keepsake machete

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)