\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Always funny when Biglaw firms get worked up about legal opinions

At my old biglaw firm, these would be a battle. Now at my...
alcoholic hell useless brakes
  07/24/17
...
vigorous duck-like area multi-billionaire
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
pearl kitchen mad cow disease
  07/24/17
...
insecure ruby degenerate
  07/25/17
There's no reason to give opinion letters unless it's some h...
Vermilion School Cafeteria Lettuce
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Outnumbered misanthropic circlehead
  07/24/17
i thought you meant like an alarm would go off and the inter...
Wild Beady-eyed Therapy Clown
  07/24/17
...
emerald galvanic roast beef hairy legs
  07/25/17
TWO. PARTNER. APPROVAL.
Sooty erotic parlour
  07/24/17
...
pearly telephone address
  07/25/17
rofl holy shit legal opinions are so faggot
Outnumbered misanthropic circlehead
  07/24/17
we literally have an "opinion committee" of a half...
vigorous duck-like area multi-billionaire
  07/24/17
(Could be a lot of firms but most recently skadden)
impertinent step-uncle's house national security agency
  07/25/17
huge fags itt
aphrodisiac goyim
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Outnumbered misanthropic circlehead
  07/25/17
...
impertinent step-uncle's house national security agency
  07/25/17
Opinion committees ime are always comprised of two or three ...
cream 180 halford hunting ground
  07/24/17
...
vigorous duck-like area multi-billionaire
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
heady nowag
  07/24/17
...
Mentally impaired locus
  07/25/17
rofl cr
Outnumbered misanthropic circlehead
  07/25/17
would also have accepted "here is our weighty legal opi...
Outnumbered misanthropic circlehead
  07/25/17


Poast new message in this thread



Reply Favorite

Date: July 24th, 2017 9:59 PM
Author: alcoholic hell useless brakes

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)



Reply Favorite

Date: July 24th, 2017 10:04 PM
Author: vigorous duck-like area multi-billionaire



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847548)



Reply Favorite

Date: July 24th, 2017 10:07 PM
Author: pearl kitchen mad cow disease

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)



Reply Favorite

Date: July 25th, 2017 12:52 AM
Author: insecure ruby degenerate



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848863)



Reply Favorite

Date: July 24th, 2017 10:02 PM
Author: Vermilion School Cafeteria Lettuce

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)



Reply Favorite

Date: July 24th, 2017 10:04 PM
Author: Outnumbered misanthropic circlehead

legal opinions in securities offerings are fucking hilarious

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847549)



Reply Favorite

Date: July 24th, 2017 10:03 PM
Author: Wild Beady-eyed Therapy Clown

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)



Reply Favorite

Date: July 25th, 2017 12:37 AM
Author: emerald galvanic roast beef hairy legs



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848760)



Reply Favorite

Date: July 24th, 2017 10:03 PM
Author: Sooty erotic parlour

TWO. PARTNER. APPROVAL.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847541)



Reply Favorite

Date: July 25th, 2017 12:59 AM
Author: pearly telephone address



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848903)



Reply Favorite

Date: July 24th, 2017 10:04 PM
Author: Outnumbered misanthropic circlehead

rofl holy shit legal opinions are so faggot

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847545)



Reply Favorite

Date: July 24th, 2017 10:06 PM
Author: vigorous duck-like area multi-billionaire

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)



Reply Favorite

Date: July 25th, 2017 12:37 AM
Author: impertinent step-uncle's house national security agency

(Could be a lot of firms but most recently skadden)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848750)



Reply Favorite

Date: July 24th, 2017 10:06 PM
Author: aphrodisiac goyim

huge fags itt

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847557)



Reply Favorite

Date: July 25th, 2017 12:05 AM
Author: Outnumbered misanthropic circlehead

(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: impertinent step-uncle's house national security agency



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848755)



Reply Favorite

Date: July 24th, 2017 10:06 PM
Author: cream 180 halford hunting ground

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)



Reply Favorite

Date: July 24th, 2017 10:08 PM
Author: vigorous duck-like area multi-billionaire



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847577)



Reply Favorite

Date: July 24th, 2017 10:14 PM
Author: heady nowag

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)



Reply Favorite

Date: July 25th, 2017 12:03 AM
Author: Mentally impaired locus



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848524)



Reply Favorite

Date: July 25th, 2017 12:03 AM
Author: Outnumbered misanthropic circlehead

rofl cr

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848526)



Reply Favorite

Date: July 25th, 2017 12:04 AM
Author: Outnumbered misanthropic circlehead

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)