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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...
contagious emerald pit
  07/24/17
...
Impressive appetizing parlor
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Bull Headed Sandwich
  07/24/17
...
Chartreuse Quadroon
  07/25/17
There's no reason to give opinion letters unless it's some h...
Self-centered swollen lay tank
  07/24/17
legal opinions in securities offerings are fucking hilarious...
amethyst cruel-hearted sanctuary turdskin
  07/24/17
i thought you meant like an alarm would go off and the inter...
Marvelous university haunted graveyard
  07/24/17
...
turquoise famous landscape painting chapel
  07/25/17
TWO. PARTNER. APPROVAL.
Salmon startled french chef scourge upon the earth
  07/24/17
...
Fantasy-prone histrionic dilemma bbw
  07/25/17
rofl holy shit legal opinions are so faggot
amethyst cruel-hearted sanctuary turdskin
  07/24/17
we literally have an "opinion committee" of a half...
Impressive appetizing parlor
  07/24/17
(Could be a lot of firms but most recently skadden)
Offensive headpube
  07/25/17
huge fags itt
flesh electric state
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
amethyst cruel-hearted sanctuary turdskin
  07/25/17
...
Offensive headpube
  07/25/17
Opinion committees ime are always comprised of two or three ...
ruddy school filthpig
  07/24/17
...
Impressive appetizing parlor
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Fluffy Trip Mad-dog Skullcap
  07/24/17
...
Claret jet-lagged nursing home incel
  07/25/17
rofl cr
amethyst cruel-hearted sanctuary turdskin
  07/25/17
would also have accepted "here is our weighty legal opi...
amethyst cruel-hearted sanctuary turdskin
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: contagious emerald pit

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: Impressive appetizing parlor



(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: Bull Headed Sandwich

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: Chartreuse Quadroon



(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: Self-centered swollen lay tank

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: amethyst cruel-hearted sanctuary turdskin

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: Marvelous university haunted graveyard

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: turquoise famous landscape painting chapel



(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: Salmon startled french chef scourge upon the earth

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: Fantasy-prone histrionic dilemma bbw



(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: amethyst cruel-hearted sanctuary turdskin

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: Impressive appetizing parlor

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: Offensive headpube

(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: flesh electric state

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: amethyst cruel-hearted sanctuary turdskin

(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: Offensive headpube



(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: ruddy school filthpig

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: Impressive appetizing parlor



(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: Fluffy Trip Mad-dog Skullcap

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: Claret jet-lagged nursing home incel



(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: amethyst cruel-hearted sanctuary turdskin

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: amethyst cruel-hearted sanctuary turdskin

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)