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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...
multi-colored fortuitous meteor library
  07/24/17
...
shivering chad
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
buck-toothed legal warrant
  07/24/17
...
flushed passionate native national security agency
  07/25/17
There's no reason to give opinion letters unless it's some h...
curious jade garrison
  07/24/17
legal opinions in securities offerings are fucking hilarious...
lascivious talking state
  07/24/17
i thought you meant like an alarm would go off and the inter...
violent abode sex offender
  07/24/17
...
ungodly confused principal's office old irish cottage
  07/25/17
TWO. PARTNER. APPROVAL.
Flickering range
  07/24/17
...
Laughsome brilliant shrine
  07/25/17
rofl holy shit legal opinions are so faggot
lascivious talking state
  07/24/17
we literally have an "opinion committee" of a half...
shivering chad
  07/24/17
(Could be a lot of firms but most recently skadden)
Supple internal respiration
  07/25/17
huge fags itt
Dashing bat-shit-crazy idiot
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
lascivious talking state
  07/25/17
...
Supple internal respiration
  07/25/17
Opinion committees ime are always comprised of two or three ...
mewling school cafeteria international law enforcement agency
  07/24/17
...
shivering chad
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
rose embarrassed to the bone foreskin dilemma
  07/24/17
...
fantasy-prone step-uncle's house
  07/25/17
rofl cr
lascivious talking state
  07/25/17
would also have accepted "here is our weighty legal opi...
lascivious talking state
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: multi-colored fortuitous meteor library

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: shivering chad



(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: buck-toothed legal warrant

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 passionate native national security agency



(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: curious jade garrison

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: lascivious talking state

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: violent abode sex offender

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: ungodly confused principal's office old irish cottage



(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: Flickering range

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: Laughsome brilliant shrine



(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: lascivious talking state

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: shivering chad

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: Supple internal respiration

(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: Dashing bat-shit-crazy idiot

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: lascivious talking state

(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: Supple internal respiration



(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: mewling school cafeteria international law enforcement agency

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: shivering chad



(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: rose embarrassed to the bone foreskin dilemma

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: fantasy-prone step-uncle's house



(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: lascivious talking state

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: lascivious talking state

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)