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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...
Comical mother
  07/24/17
...
Heady nibblets doctorate
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
pale boistinker
  07/24/17
...
flesh stubborn chapel rigpig
  07/25/17
There's no reason to give opinion letters unless it's some h...
Stimulating elite hell
  07/24/17
legal opinions in securities offerings are fucking hilarious...
anal dysfunction death wish
  07/24/17
i thought you meant like an alarm would go off and the inter...
Passionate coldplay fan turdskin
  07/24/17
...
Talented drab digit ratio
  07/25/17
TWO. PARTNER. APPROVAL.
Thriller Painfully Honest Library Useless Brakes
  07/24/17
...
Crystalline Violent Keepsake Machete
  07/25/17
rofl holy shit legal opinions are so faggot
anal dysfunction death wish
  07/24/17
we literally have an "opinion committee" of a half...
Heady nibblets doctorate
  07/24/17
(Could be a lot of firms but most recently skadden)
Irradiated chestnut corn cake public bath
  07/25/17
huge fags itt
Disgusting Locale Preventive Strike
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
anal dysfunction death wish
  07/25/17
...
Irradiated chestnut corn cake public bath
  07/25/17
Opinion committees ime are always comprised of two or three ...
obsidian vibrant genital piercing office
  07/24/17
...
Heady nibblets doctorate
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
High-end Church Building
  07/24/17
...
Ocher skinny woman
  07/25/17
rofl cr
anal dysfunction death wish
  07/25/17
would also have accepted "here is our weighty legal opi...
anal dysfunction death wish
  07/25/17


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Date: July 24th, 2017 9:59 PM
Author: Comical mother

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: Heady nibblets doctorate



(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: pale boistinker

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: flesh stubborn chapel rigpig



(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: Stimulating elite hell

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: anal dysfunction death wish

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: Passionate coldplay fan turdskin

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: Talented drab digit ratio



(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: Thriller Painfully Honest Library Useless Brakes

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: Crystalline Violent Keepsake Machete



(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: anal dysfunction death wish

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: Heady nibblets doctorate

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: Irradiated chestnut corn cake public bath

(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: Disgusting Locale Preventive Strike

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: anal dysfunction death wish

(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: Irradiated chestnut corn cake public bath



(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: obsidian vibrant genital piercing office

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: Heady nibblets doctorate



(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: High-end Church Building

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: Ocher skinny woman



(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: anal dysfunction death wish

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: anal dysfunction death wish

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)