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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...
Mildly Autistic Titillating Kitty Cat Faggotry
  07/24/17
...
cyan awkward step-uncle's house
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
coiffed frum travel guidebook
  07/24/17
...
Sticky range double fault
  07/25/17
There's no reason to give opinion letters unless it's some h...
Vigorous violet boiling water
  07/24/17
legal opinions in securities offerings are fucking hilarious...
geriatric shitlib
  07/24/17
i thought you meant like an alarm would go off and the inter...
crystalline diverse digit ratio national
  07/24/17
...
poppy trip institution love of her life
  07/25/17
TWO. PARTNER. APPROVAL.
carmine mischievous ape
  07/24/17
...
thirsty location crotch
  07/25/17
rofl holy shit legal opinions are so faggot
geriatric shitlib
  07/24/17
we literally have an "opinion committee" of a half...
cyan awkward step-uncle's house
  07/24/17
(Could be a lot of firms but most recently skadden)
Comical amethyst temple milk
  07/25/17
huge fags itt
Henna cowardly multi-billionaire
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
geriatric shitlib
  07/25/17
...
Comical amethyst temple milk
  07/25/17
Opinion committees ime are always comprised of two or three ...
180 Set Nowag
  07/24/17
...
cyan awkward step-uncle's house
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Adulterous Theater Stage Puppy
  07/24/17
...
Green personal credit line
  07/25/17
rofl cr
geriatric shitlib
  07/25/17
would also have accepted "here is our weighty legal opi...
geriatric shitlib
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Mildly Autistic Titillating Kitty Cat Faggotry

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: cyan awkward step-uncle's house



(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: coiffed frum travel guidebook

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: Sticky range double fault



(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: Vigorous violet boiling water

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: geriatric shitlib

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: crystalline diverse digit ratio national

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: poppy trip institution love of her life



(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: carmine mischievous ape

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: thirsty location crotch



(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: geriatric shitlib

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: cyan awkward step-uncle's house

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: Comical amethyst temple milk

(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: Henna cowardly multi-billionaire

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: geriatric shitlib

(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: Comical amethyst temple milk



(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: 180 Set Nowag

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: cyan awkward step-uncle's house



(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: Adulterous Theater Stage Puppy

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: Green personal credit line



(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: geriatric shitlib

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: geriatric shitlib

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)