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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...
free-loading kitchen depressive
  07/24/17
...
Henna hall
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Violent orchid kitty cat native
  07/24/17
...
Federal parlour mexican
  07/25/17
There's no reason to give opinion letters unless it's some h...
bossy crusty sanctuary karate
  07/24/17
legal opinions in securities offerings are fucking hilarious...
razzmatazz boltzmann point
  07/24/17
i thought you meant like an alarm would go off and the inter...
Citrine hilarious travel guidebook step-uncle's house
  07/24/17
...
startled house liquid oxygen
  07/25/17
TWO. PARTNER. APPROVAL.
Glittery smoky pit dopamine
  07/24/17
...
Vivacious emerald casino water buffalo
  07/25/17
rofl holy shit legal opinions are so faggot
razzmatazz boltzmann point
  07/24/17
we literally have an "opinion committee" of a half...
Henna hall
  07/24/17
(Could be a lot of firms but most recently skadden)
duck-like idea he suggested principal's office
  07/25/17
huge fags itt
hateful chad
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
razzmatazz boltzmann point
  07/25/17
...
duck-like idea he suggested principal's office
  07/25/17
Opinion committees ime are always comprised of two or three ...
aquamarine crackhouse double fault
  07/24/17
...
Henna hall
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
insecure bistre wagecucks
  07/24/17
...
Frum hideous black woman
  07/25/17
rofl cr
razzmatazz boltzmann point
  07/25/17
would also have accepted "here is our weighty legal opi...
razzmatazz boltzmann point
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: free-loading kitchen depressive

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: Henna hall



(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: Violent orchid kitty cat native

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: Federal parlour mexican



(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: bossy crusty sanctuary karate

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: razzmatazz boltzmann point

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: Citrine hilarious travel guidebook step-uncle's house

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: startled house liquid oxygen



(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: Glittery smoky pit dopamine

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: Vivacious emerald casino water buffalo



(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: razzmatazz boltzmann point

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: Henna hall

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: duck-like idea he suggested principal's office

(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: hateful chad

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: razzmatazz boltzmann point

(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: duck-like idea he suggested principal's office



(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: aquamarine crackhouse double fault

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: Henna hall



(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: insecure bistre wagecucks

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: Frum hideous black woman



(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: razzmatazz boltzmann point

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: razzmatazz boltzmann point

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)