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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...
hairraiser sticky selfie
  07/24/17
...
razzmatazz pit psychic
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
contagious red pistol
  07/24/17
...
zippy slippery lay affirmative action
  07/25/17
There's no reason to give opinion letters unless it's some h...
Floppy clown
  07/24/17
legal opinions in securities offerings are fucking hilarious...
haunting fuchsia regret weed whacker
  07/24/17
i thought you meant like an alarm would go off and the inter...
Awkward abode
  07/24/17
...
Yellow irate ceo
  07/25/17
TWO. PARTNER. APPROVAL.
Mind-boggling ladyboy indian lodge
  07/24/17
...
marvelous whorehouse roast beef
  07/25/17
rofl holy shit legal opinions are so faggot
haunting fuchsia regret weed whacker
  07/24/17
we literally have an "opinion committee" of a half...
razzmatazz pit psychic
  07/24/17
(Could be a lot of firms but most recently skadden)
bronze meetinghouse blood rage
  07/25/17
huge fags itt
disturbing violet sanctuary cuck
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
haunting fuchsia regret weed whacker
  07/25/17
...
bronze meetinghouse blood rage
  07/25/17
Opinion committees ime are always comprised of two or three ...
cracking poppy senate
  07/24/17
...
razzmatazz pit psychic
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Unhinged twinkling uncleanness rehab
  07/24/17
...
ungodly mood associate
  07/25/17
rofl cr
haunting fuchsia regret weed whacker
  07/25/17
would also have accepted "here is our weighty legal opi...
haunting fuchsia regret weed whacker
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: hairraiser sticky selfie

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: razzmatazz pit psychic



(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: contagious red pistol

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: zippy slippery lay affirmative action



(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: Floppy clown

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: haunting fuchsia regret weed whacker

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: Awkward abode

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: Yellow irate ceo



(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: Mind-boggling ladyboy indian lodge

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: marvelous whorehouse roast beef



(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: haunting fuchsia regret weed whacker

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: razzmatazz pit psychic

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: bronze meetinghouse blood rage

(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: disturbing violet sanctuary cuck

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: haunting fuchsia regret weed whacker

(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: bronze meetinghouse blood rage



(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: cracking poppy senate

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: razzmatazz pit psychic



(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: Unhinged twinkling uncleanness rehab

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: ungodly mood associate



(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: haunting fuchsia regret weed whacker

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: haunting fuchsia regret weed whacker

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)