LexisNexis®
University

Legal Opinion Letters: Drafting Best Practices for Transactional Lawyers

Content Provider
American Law Institute CLE
Product
CLE
Run Time
66 Minutes
Recording Date
04/10/2023
Presenter(s)
Timothy G. Hoxie, Heather Sonnenberg
Learning Method
On-Demand Training
Practice Area
Legal Skills
Persona
CLE OnDemand

Price $219.00

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Description

Drafting a legal opinion requires specialized due diligence and legal research, often while under a tight time constraint as the clock ticks and the pressure builds to get the deal finalized. Careful consideration must be given that the information detailed in the legal opinion letter is not only in accordance with the sometimes vague rules of customary practice, but also does not render an opinion that will mislead the recipient. Join us for the 60-minute program that will explain the language used and best practices regularly followed by lawyers in rendering and receiving basic opinions given in most corporate and unsecured banking transactions. Our expert faculty will provide instructions to those giving and receiving third-party legal opinions, as well as the functions of such opinions in a transaction. Topics include: Drafting basic opinion letters Practices customarily followed in rendering and receiving basic opinions given in corporate and unsecured banking transactions When is an opinion typically requested? Under what circumstances can an opinion can be waived?

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2024
AlaskaApproved1.00GeneralOn-going
ArizonaApproved1.00GeneralOn-going
ArkansasApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory04/09/2028
ColoradoApproved1.00General12/31/2025
ConnecticutApproved1.00GeneralOn-going
DelawareApproved1.10General04/09/2025
FloridaApproved1.00General12/31/2024
GeorgiaApproved1.00General12/31/2024
HawaiiApproved1.00GeneralOn-going
IdahoApproved1.00General04/09/2028
IllinoisApproved1.00General05/22/2025
IndianaApproved1.00General07/10/2025
KentuckyApproved1.00General06/30/2025
MaineApproved1.00General06/29/2025
MinnesotaApproved1.00General06/19/2025
MississippiApproved1.10General05/01/2025
MissouriApproved1.30GeneralOn-going
MontanaApproved1.00General04/09/2026
NebraskaApproved1.00General04/09/2025
NevadaApproved1.00General12/31/2026
New HampshireApproved1.10General04/09/2026
New JerseyApproved1.00GeneralOn-going
New MexicoApproved1.10General04/09/2028
New YorkApproved1.00SkillsOn-going
North DakotaApproved1.00General04/09/2026
OhioApproved1.00General12/31/2024
OregonApproved1.00General04/09/2026
PennsylvaniaApproved1.00General05/17/2025
Rhode IslandApproved1.00General06/30/2025
South CarolinaApproved1.10General12/31/2024
UtahApproved1.00General12/31/2024
VermontApproved1.00GeneralOn-going
VirginiaApproved1.00General10/31/2024
WashingtonApproved1.00General01/17/2028
West VirginiaApproved1.32GeneralOn-going
WisconsinApproved1.00GeneralOn-going
WyomingPending State Response0.00

Speakers