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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...
Marvelous confused nibblets
  07/24/17
...
embarrassed to the bone zombie-like stage ratface
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
very tactful corn cake
  07/24/17
...
Low-t toaster market
  07/25/17
There's no reason to give opinion letters unless it's some h...
lascivious locale rigor
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Brass yarmulke fat ankles
  07/24/17
i thought you meant like an alarm would go off and the inter...
titillating theatre
  07/24/17
...
Copper masturbator
  07/25/17
TWO. PARTNER. APPROVAL.
orange twinkling uncleanness
  07/24/17
...
Spectacular azn
  07/25/17
rofl holy shit legal opinions are so faggot
Brass yarmulke fat ankles
  07/24/17
we literally have an "opinion committee" of a half...
embarrassed to the bone zombie-like stage ratface
  07/24/17
(Could be a lot of firms but most recently skadden)
hilarious misunderstood heaven
  07/25/17
huge fags itt
Lavender disturbing halford
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Brass yarmulke fat ankles
  07/25/17
...
hilarious misunderstood heaven
  07/25/17
Opinion committees ime are always comprised of two or three ...
Razzle bat shit crazy factory reset button immigrant
  07/24/17
...
embarrassed to the bone zombie-like stage ratface
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Dull candlestick maker haunted graveyard
  07/24/17
...
bearded stag film
  07/25/17
rofl cr
Brass yarmulke fat ankles
  07/25/17
would also have accepted "here is our weighty legal opi...
Brass yarmulke fat ankles
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Marvelous confused nibblets

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: embarrassed to the bone zombie-like stage ratface



(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: very tactful corn cake

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: Low-t toaster market



(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: lascivious locale rigor

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: Brass yarmulke fat ankles

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: titillating theatre

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: Copper masturbator



(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: orange twinkling uncleanness

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: Spectacular azn



(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: Brass yarmulke fat ankles

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: embarrassed to the bone zombie-like stage ratface

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: hilarious misunderstood heaven

(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: Lavender disturbing halford

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: Brass yarmulke fat ankles

(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: hilarious misunderstood heaven



(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: Razzle bat shit crazy factory reset button immigrant

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: embarrassed to the bone zombie-like stage ratface



(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: Dull candlestick maker haunted graveyard

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: bearded stag film



(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: Brass yarmulke fat ankles

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: Brass yarmulke fat ankles

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)