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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...
Green travel guidebook senate
  07/24/17
...
Laughsome national
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
bright hall
  07/24/17
...
angry half-breed
  07/25/17
There's no reason to give opinion letters unless it's some h...
Drunken sick laser beams
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Metal ladyboy
  07/24/17
i thought you meant like an alarm would go off and the inter...
Umber candlestick maker gunner
  07/24/17
...
puce aromatic deer antler step-uncle's house
  07/25/17
TWO. PARTNER. APPROVAL.
vermilion property
  07/24/17
...
Henna theatre pistol
  07/25/17
rofl holy shit legal opinions are so faggot
Metal ladyboy
  07/24/17
we literally have an "opinion committee" of a half...
Laughsome national
  07/24/17
(Could be a lot of firms but most recently skadden)
transparent bisexual institution
  07/25/17
huge fags itt
Galvanic resort
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Metal ladyboy
  07/25/17
...
transparent bisexual institution
  07/25/17
Opinion committees ime are always comprised of two or three ...
Primrose crusty spot sweet tailpipe
  07/24/17
...
Laughsome national
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Gold mediation partner
  07/24/17
...
Chartreuse shitlib base
  07/25/17
rofl cr
Metal ladyboy
  07/25/17
would also have accepted "here is our weighty legal opi...
Metal ladyboy
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Green travel guidebook senate

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: Laughsome national



(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: bright hall

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: angry half-breed



(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: Drunken sick laser beams

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: Metal ladyboy

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: Umber candlestick maker gunner

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: puce aromatic deer antler step-uncle's house



(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: vermilion property

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: Henna theatre pistol



(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: Metal ladyboy

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: Laughsome national

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: transparent bisexual institution

(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: Galvanic 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: Metal ladyboy

(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: transparent bisexual institution



(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: Primrose crusty spot sweet tailpipe

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: Laughsome national



(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: Gold mediation partner

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: Chartreuse shitlib base



(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: Metal ladyboy

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: Metal ladyboy

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)