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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...
Flirting jet school really tough guy
  07/24/17
...
carmine curious orchestra pit
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
fragrant parlour marketing idea
  07/24/17
...
sticky boiling water indian lodge
  07/25/17
There's no reason to give opinion letters unless it's some h...
unhinged misanthropic stain psychic
  07/24/17
legal opinions in securities offerings are fucking hilarious...
shimmering azn friendly grandma
  07/24/17
i thought you meant like an alarm would go off and the inter...
claret violent theater
  07/24/17
...
Dashing Unholy Box Office
  07/25/17
TWO. PARTNER. APPROVAL.
metal plaza clown
  07/24/17
...
Frisky Idiotic Garrison
  07/25/17
rofl holy shit legal opinions are so faggot
shimmering azn friendly grandma
  07/24/17
we literally have an "opinion committee" of a half...
carmine curious orchestra pit
  07/24/17
(Could be a lot of firms but most recently skadden)
Sienna address
  07/25/17
huge fags itt
Rose Hateful Menage Boltzmann
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
shimmering azn friendly grandma
  07/25/17
...
Sienna address
  07/25/17
Opinion committees ime are always comprised of two or three ...
vivacious laser beams stag film
  07/24/17
...
carmine curious orchestra pit
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
galvanic theatre boistinker
  07/24/17
...
Peach charismatic twinkling uncleanness antidepressant drug
  07/25/17
rofl cr
shimmering azn friendly grandma
  07/25/17
would also have accepted "here is our weighty legal opi...
shimmering azn friendly grandma
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Flirting jet school really tough guy

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: carmine curious orchestra pit



(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: fragrant parlour marketing idea

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 boiling water indian lodge



(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: unhinged misanthropic stain psychic

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: shimmering azn friendly grandma

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: claret violent theater

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: Dashing Unholy Box Office



(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: metal plaza clown

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: Frisky Idiotic 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: shimmering azn friendly grandma

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: carmine curious orchestra pit

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: Sienna address

(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: Rose Hateful Menage Boltzmann

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: shimmering azn friendly grandma

(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: Sienna address



(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: vivacious laser beams stag film

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: carmine curious orchestra pit



(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: galvanic theatre boistinker

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: Peach charismatic twinkling uncleanness antidepressant drug



(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: shimmering azn friendly grandma

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: shimmering azn friendly grandma

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)