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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...
Flushed field
  07/24/17
...
Pale Principal's Office Laser Beams
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Vibrant depressive
  07/24/17
...
shivering hilarious death wish psychic
  07/25/17
There's no reason to give opinion letters unless it's some h...
motley church building philosopher-king
  07/24/17
legal opinions in securities offerings are fucking hilarious...
slate trailer park
  07/24/17
i thought you meant like an alarm would go off and the inter...
Gaped ape ladyboy
  07/24/17
...
Laughsome whorehouse
  07/25/17
TWO. PARTNER. APPROVAL.
henna striped hyena
  07/24/17
...
aphrodisiac impressive genital piercing
  07/25/17
rofl holy shit legal opinions are so faggot
slate trailer park
  07/24/17
we literally have an "opinion committee" of a half...
Pale Principal's Office Laser Beams
  07/24/17
(Could be a lot of firms but most recently skadden)
Clear Swashbuckling Azn Orchestra Pit
  07/25/17
huge fags itt
white people who are hurt indian lodge
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
slate trailer park
  07/25/17
...
Clear Swashbuckling Azn Orchestra Pit
  07/25/17
Opinion committees ime are always comprised of two or three ...
Violent marketing idea
  07/24/17
...
Pale Principal's Office Laser Beams
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
pontificating galvanic point
  07/24/17
...
Marvelous newt
  07/25/17
rofl cr
slate trailer park
  07/25/17
would also have accepted "here is our weighty legal opi...
slate trailer park
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Flushed field

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: Pale Principal's Office Laser Beams



(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: Vibrant depressive

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: shivering hilarious death wish psychic



(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: motley church building philosopher-king

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: slate trailer park

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: Gaped ape ladyboy

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: Laughsome whorehouse



(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: henna striped hyena

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: aphrodisiac impressive genital piercing



(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: slate trailer park

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: Pale Principal's Office Laser Beams

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: Clear Swashbuckling Azn Orchestra Pit

(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: white people who are hurt indian lodge

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: slate trailer park

(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: Clear Swashbuckling Azn Orchestra Pit



(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: Violent marketing idea

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: Pale Principal's Office Laser Beams



(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: pontificating galvanic point

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: Marvelous newt



(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: slate trailer park

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: slate trailer park

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)