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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...
bistre fear-inspiring bawdyhouse
  07/24/17
...
floppy theater stage
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
mind-boggling station
  07/24/17
...
flushed spectacular theatre
  07/25/17
There's no reason to give opinion letters unless it's some h...
slippery zippy trust fund brunch
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Adventurous potus stead
  07/24/17
i thought you meant like an alarm would go off and the inter...
irradiated giraffe school cafeteria
  07/24/17
...
At-the-ready pit
  07/25/17
TWO. PARTNER. APPROVAL.
Fishy market
  07/24/17
...
Khaki Soul-stirring Depressive Garrison
  07/25/17
rofl holy shit legal opinions are so faggot
Adventurous potus stead
  07/24/17
we literally have an "opinion committee" of a half...
floppy theater stage
  07/24/17
(Could be a lot of firms but most recently skadden)
Nofapping multi-colored lay legal warrant
  07/25/17
huge fags itt
aromatic prole whorehouse
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Adventurous potus stead
  07/25/17
...
Nofapping multi-colored lay legal warrant
  07/25/17
Opinion committees ime are always comprised of two or three ...
Light autistic famous landscape painting
  07/24/17
...
floppy theater stage
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Copper cheese-eating ticket booth
  07/24/17
...
Flesh titillating scourge upon the earth state
  07/25/17
rofl cr
Adventurous potus stead
  07/25/17
would also have accepted "here is our weighty legal opi...
Adventurous potus stead
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: bistre fear-inspiring bawdyhouse

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: floppy theater stage



(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: mind-boggling station

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: flushed spectacular theatre



(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: slippery zippy trust fund brunch

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: Adventurous potus stead

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: irradiated giraffe school cafeteria

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: At-the-ready pit



(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: Fishy market

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: Khaki Soul-stirring Depressive Garrison



(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: Adventurous potus stead

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: floppy theater stage

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: Nofapping multi-colored lay legal warrant

(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: aromatic prole whorehouse

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: Adventurous potus stead

(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: Nofapping multi-colored lay legal warrant



(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: Light autistic famous landscape painting

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: floppy theater stage



(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: Copper cheese-eating ticket booth

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: Flesh titillating scourge upon the earth state



(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: Adventurous potus stead

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: Adventurous potus stead

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)