Doug Fischer

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Doug Fischer

Doug Fischer

@DougFischerLaw

Law, cannabis, etc. | Cannabis General Counsel | Views my own, unless you want to adopt them

Boca Raton, FL Katılım Ekim 2011
618 Takip Edilen625 Takipçiler
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Doug Fischer
Doug Fischer@DougFischerLaw·
The legal department group photo when you’re a solo GC.
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Doug Fischer
Doug Fischer@DougFischerLaw·
@jfberke Good article but I feel like this discussion too often neglects the exchanges’ discretion. They could list these cos right now or all of this could happen and they can still say no thanks. A big q is how material would these fees be to the exchanges.
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Jeremy Berke
Jeremy Berke@jfberke·
Akerman attorneys say three things need to change for US cannabis firms to "uplist" to the NYSE or Nasdaq: -The June 29 DEA hearing extends Schedule III to all cannabis, not just medical -The CLIMB Act passes -The SAFER Banking Act. And here's what they should do to prepare:
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Doug Fischer
Doug Fischer@DougFischerLaw·
@SellersCounsel @_S_choir To be clear, making fun of it and hating it are two different things. Because I will always make fun of BigLaw.
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Doug Fischer
Doug Fischer@DougFischerLaw·
@SellersCounsel @_S_choir Ding, ding, ding. Eric is right about the incentives but people can choose to make trade offs. People go into it with eyes open (or they should). To hate it bc you no longer like the trade off makes little sense to me--just leave and use the experience and resume it gave you.
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Christian
Christian@_S_choir·
“BigLaw attorneys prioritize work and money over family and quality of life” How much money you make directly impacts your family and quality of life…
SMB Attorney@SMB_Attorney

A late-night TED Talk… let’s go: Biglaw attorneys prioritize work and money over family and quality of life. It’s not a “narrative.” It’s a fundamental and unavoidable byproduct of the incentives created by the system in which they operate. Now I’ll concede that no two situations are ever alike, sure. And we need to begin by defining what we mean by “biglaw.” All colloquial descriptions of “biglaw” work share the same two central tenets: First, it’s very important work and the consequences for failure are very high. Second, and largely as a result, it’s very demanding and VERY expensive. When I (and most others) talk about “biglaw,” we don’t mean firms with large head counts comprised of crappy low-cost attorneys doing uneventful work. We mean AmLaw 50 firms hired for “bet the company” transactions and litigation. Think this through: You’re the general counsel for a major company with a high-stakes transaction or litigation that needs help fast. Everything is on the line. If it gets fucked up, best case you’re fired. Worst case, your company fails. You’re being watched closely by your CEO, and the board is watching them. Everyone’s ass is on the line… You hire XYZ firm and agree to pay a gobsmacking $2,000+ per hour. First week in, you can’t reach your outside counsel because they’re playing patty-cake with their kids? Hell no! Not for this project and not for $2K+ an hour. Guess who wants to make $2K an hour? Everyone! Including the guy at ABC firm competing with XYZ. That guy will work through his mother’s funeral for $2K per hour. Work backwards: who gets the work moving forward? This ain’t rocket science, guys. But it gets worse. Now imagine you’re an associate at ABC firm working for that maniac. He hires you out of law school at $225K with ZERO experience. By year three, you’re making $300K+ in total compensation. Guess what he expects? You’ll work through your mother’s funeral, too. Why? Because if you won’t, for that money someone else will. And he needs you to grind to secure his $2K an hour. And it’s WAY worse for you as an associate: no visibility, no control, and no ability to say no. In AmLaw 50, this isn’t one or two projects… it’s every project, every day, 24/7/365. So can you scrape up anecdotes suggesting it will be different for you? Sure… But you are not different. And eventually the laws of the universe will catch up to you.

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Doug Fischer
Doug Fischer@DougFischerLaw·
@LukeNiforatos Using sarcastic quotation marks doesn’t invalidate the clear data supporting this policy.
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Metal Mickey
Metal Mickey@Midmanplay·
@uncledoomer Smoking isn’t good but there is no way vapes aren’t just as bad. It’s the smoking equivalent of ultra processed food.
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doomer
doomer@uncledoomer·
i hit a nicotine vape the other day after not hitting a nicotine vape for several years and nearly doubled over from coughing. meanwhile if i have just two beers i can rip marlboro heaters all night long no problem. theres no way that the vapes are not slowing killing millions
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Doug Fischer
Doug Fischer@DougFischerLaw·
Little league is the greatest. Coach is teaching kid to keep his head still at the plate. “What’s your favorite drink? Pretend it’s on your helmet and it can’t fall off.” Third basemen: “his favorite drink is pee!”
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Matt Margolis
Matt Margolis@ItsMattsLaw·
I can’t do another “AI native law firm announces $60M raise.”
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Barred and Bearded
Barred and Bearded@RileeDHarrison·
Lawyers bragging to their lawyer friends like “I absolutely roasted opposing counsel in my brief” when in reality in one sentence in their response brief they alleged opposing counsel’s argument was “without merit”
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Doug Fischer
Doug Fischer@DougFischerLaw·
Yeah sex is great, but have you tried hearing about a legal issue that makes you freak out before looking back at the docs and realizing that years ago you negotiated the perfect language to make it a non-issue
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The Investments Lawyer (Michael Huseby)
A hill I'll die on: Billing 2,300 hours instead of 2,000 as a junior associate is a bad trade. That extra 300 hours would be better spent developing relationships, building a social media presence, or traveling. Think long term.
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Dallin Drescher
Dallin Drescher@SellersCounsel·
Me explaining how a profits interest grant works to a company that wants to give an employee a 5% piece of equity
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Doug Fischer
Doug Fischer@DougFischerLaw·
@CappinWags Okay forgot Jax lol. You asked for thoughts, those are mine. I’m all for merit based hiring. But this strikes me as obvious culture war shit rather than a good faith effort to help people who need it.
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Doug Fischer
Doug Fischer@DougFischerLaw·
@DeanTTraining How do you calculate the weight when you do this? Still 45 for the bar? Not that it really matters--just curious.
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Dean Turner
Dean Turner@DeanTTraining·
Incline Smith Press is superior to Incline Barbell Press in every conceivable way It’s Not Even Up For Debate
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Matt Margolis
Matt Margolis@ItsMattsLaw·
you ever read an indemnification clause so aggressive you take it personally
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Doug Fischer
Doug Fischer@DougFischerLaw·
@ItsMattsLaw And the jury instructions will include the words “shocks the conscience.”
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Matt Margolis
Matt Margolis@ItsMattsLaw·
Every state has an old timey common law claim that gets asserted by an older attorney or the most insane pro se litigant around. It’s called like “bill of the wash” and it comes with 4x damages, attorneys’ fees, and you need to prove actual witchcraft to win.
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