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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...
Concupiscible lemon organic girlfriend
  07/24/17
...
Flickering Keepsake Machete
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
vermilion principal's office
  07/24/17
...
sticky field goyim
  07/25/17
There's no reason to give opinion letters unless it's some h...
Honey-headed razzmatazz nowag
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Vigorous Stag Film Place Of Business
  07/24/17
i thought you meant like an alarm would go off and the inter...
twisted crotch university
  07/24/17
...
ruddy lay kitty cat
  07/25/17
TWO. PARTNER. APPROVAL.
Lascivious shrine jew
  07/24/17
...
garnet soul-stirring fanboi
  07/25/17
rofl holy shit legal opinions are so faggot
Vigorous Stag Film Place Of Business
  07/24/17
we literally have an "opinion committee" of a half...
Flickering Keepsake Machete
  07/24/17
(Could be a lot of firms but most recently skadden)
pea-brained corner affirmative action
  07/25/17
huge fags itt
Irate territorial orchestra pit
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Vigorous Stag Film Place Of Business
  07/25/17
...
pea-brained corner affirmative action
  07/25/17
Opinion committees ime are always comprised of two or three ...
bateful scourge upon the earth garrison
  07/24/17
...
Flickering Keepsake Machete
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Titillating resort twinkling uncleanness
  07/24/17
...
beady-eyed underhanded public bath
  07/25/17
rofl cr
Vigorous Stag Film Place Of Business
  07/25/17
would also have accepted "here is our weighty legal opi...
Vigorous Stag Film Place Of Business
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Concupiscible lemon organic girlfriend

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: Flickering Keepsake Machete



(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: vermilion principal's office

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 field goyim



(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: Honey-headed razzmatazz nowag

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: Vigorous Stag Film Place Of Business

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: twisted crotch university

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: ruddy lay kitty cat



(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: Lascivious shrine jew

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: garnet soul-stirring fanboi



(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: Vigorous Stag Film Place Of Business

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: Flickering Keepsake Machete

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: pea-brained corner affirmative action

(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: Irate territorial orchestra pit

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: Vigorous Stag Film Place Of Business

(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: pea-brained corner affirmative action



(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: bateful scourge upon the earth garrison

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: Flickering Keepsake Machete



(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: Titillating resort 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: beady-eyed underhanded public bath



(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: Vigorous Stag Film Place Of Business

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: Vigorous Stag Film Place Of Business

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)