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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...
haunting office volcanic crater
  07/24/17
...
vibrant mad cow disease locale
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Demanding Well-lubricated Puppy Abode
  07/24/17
...
carmine space
  07/25/17
There's no reason to give opinion letters unless it's some h...
misunderstood infuriating prole
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Harsh national security agency plaza
  07/24/17
i thought you meant like an alarm would go off and the inter...
jade indian lodge
  07/24/17
...
Magenta autistic area psychic
  07/25/17
TWO. PARTNER. APPROVAL.
Soggy apoplectic stage
  07/24/17
...
Diverse drab fat ankles corner
  07/25/17
rofl holy shit legal opinions are so faggot
Harsh national security agency plaza
  07/24/17
we literally have an "opinion committee" of a half...
vibrant mad cow disease locale
  07/24/17
(Could be a lot of firms but most recently skadden)
Dull at-the-ready multi-billionaire philosopher-king
  07/25/17
huge fags itt
mewling wagecucks
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Harsh national security agency plaza
  07/25/17
...
Dull at-the-ready multi-billionaire philosopher-king
  07/25/17
Opinion committees ime are always comprised of two or three ...
house-broken dead school cafeteria
  07/24/17
...
vibrant mad cow disease locale
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Hilarious theater
  07/24/17
...
godawful therapy rigpig
  07/25/17
rofl cr
Harsh national security agency plaza
  07/25/17
would also have accepted "here is our weighty legal opi...
Harsh national security agency plaza
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: haunting office volcanic crater

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: vibrant mad cow disease locale



(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: Demanding Well-lubricated Puppy Abode

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: carmine space



(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: misunderstood infuriating prole

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: Harsh national security agency plaza

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: jade indian lodge

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: Magenta autistic area psychic



(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: Soggy apoplectic stage

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: Diverse drab fat ankles corner



(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: Harsh national security agency plaza

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: vibrant mad cow disease locale

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: Dull at-the-ready multi-billionaire philosopher-king

(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: mewling wagecucks

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: Harsh national security agency plaza

(gunner non-equity partner on his firm's opinion cmmttee)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848533)



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Date: July 25th, 2017 12:37 AM
Author: Dull at-the-ready multi-billionaire philosopher-king



(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: house-broken dead school cafeteria

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: vibrant mad cow disease locale



(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: Hilarious theater

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: godawful therapy rigpig



(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: Harsh national security agency plaza

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: Harsh national security agency plaza

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)