Join The National LGBT Bar Association on February 27th for our New York Corporate Counsel Award Reception.
We’ll be gathering at Manhattan’s Eventi Hotel to toast Fab.com Vice President & General Counsel Fabio Silva. We’re proud to honor him with The Bar’s Out & Proud Corporate Counsel Award.
Our Out & Proud reception recognizes LGBT legal professionals & straight allies who have distinguished themselves through their work to increase LGBT awareness and diversity in their corporations and communities.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
If you are a US associate at a top US firm and contemplating a move from US to Asia or within Asia, your choice of recruiter / agent may have a great influence over your job search experience. There are three realities of selecting a recruiter that have the potential to greatly influence your career: First, the vast majority of recruiters who are calling you have the time to make those calls only because there is nothing else they really do and their contacts at firms are minimal at best, notwithstanding their convincing claims to have close relationships with various US partners at target firms in Asia. Second, most recruiters in the Asia markets (whether they are based in Asia, US or elsewhere) will send your resume to many more firms than you give them permission to contact. This type of behavior of recruiters is unfortunately common in the US markets too, but even more prevalent in the Asia markets. Third, many recruiters who are calling you with news of an opening at your level at one or more of the three most targeted and popular firms in HK / China for US associates are simply making up a story (maybe there actually is an opening at one of those firms, but they don’t care or know, they only know they have a better chance to get your resume if they talk about “openings” at your level at a particular firm or firms).
Against this backdrop consider that most recruiters covering the Asia markets have not made more than 10 placements of US associates in Asia in their lifetimes.
At Kinney, we have one recruiter who has made over 125 US associate and counsel placements in Asia since 2007: Evan Jowers. We also have other excellent recruiters on our Asia team who have each made numerous placements in Asia, and who have collaborated with Evan on his placement work. Evan is in Hong Kong on a monthly basis and Robert Kinney is in Hong Kong or China at least quarterly checking on our operations there.
Robert and Evan meet numerous times each year with most of the senior US partners of top US firms and US practices of UK firms in Hong Kong, Beijing and Shanghai. It’s from these meetings and personal relationships with these key US partners of our client firms that Robert and Evan have been able to gain so much market knowledge in Asia over the eight years Kinney has been involved in the Asia markets (Asia became a focus for Kinney in ’07, but we have been making placements in Asia since ’05). Each of the 125+ US attorney placements Evan has made in Asia (mostly in HK / China, but also in Singapore and Tokyo) represent significant experience in dealing with the relevant firms. Often our candidates have multiple offers, and dealing with those situations diplomatically is an art form as much as a science. Brute force and inexperience are not helpful. Further, Robert and Evan, along with Yuliya Vinokurova and the rest of our staff, have collaborated on a number of US partner placements in Asia. Robert Kinney is one of the most successful partner level recruiters in the US and has personally built offices of top firms in US markets. To have worked with the partners hiring our associates as their recruiters when considering positions has proven invaluable to us and to our candidates and clients simply because of the increased market knowledge.
Danielle Cyr, based in our NYC offices, and Yuliya Vinokurova, based in our Moscow offices, have each made more US associate placements in Asia than most Asia-focused recruiters in the market. Yuliya frequently travels to our Hong Kong offices.
All of the above should not dictate that you only consider using Kinney for an Asia job search. There are other good recruiters in the market as well, but be careful when choosing a recruiter. Frankly, most who claim to be Asia recruiters are terrible. They will (at best) mostly be looking out for their own short-term best interests, and at worst they will be just plain unethical.
Here is a suggestion: ask any recruiter you are considering for 20 referrals of US associates placed by them in Asia. Twenty is not a big number; it’s minimal for someone to be able to have any market knowledge. Call or email each of those 20 referrals and half or so will get back to you within 24 hours. Evan Jowers could send you 100+ referrals with no problem, but you surely don’t need that many. Also ask for a few referrals of senior US partners and recruiting coordinators in Asia markets (not at the firms you are planning to target of course). A good recruiter can easily provide such referrals as well. This may seem tedious but it takes 24 hours to get this done. It’s your career at stake, it’s not a drive through at McDonald’s.
Take the time to consider a few recruiters and let them pitch for the right to represent you. Don’t make the terrible mistake of going with the one recruiter who called you many times and with whom you kind of sympathize. You are not buying a car, you are considering a move that very well could define your career options in the coming years. Why not get the most value you can out of the experience of looking for a new position?
Different US and UK firms and different supervising partners in Asia represent big differences in practice focus, future opportunities and office / team environment, differences that can’t be corrected if need be as easily as would be the case for a move within NYC, for example. Personality fit is so important in Asia job searches. You need a recruiter who will guide you through the process and be there to prep you for interviews and the calls sometimes lasting hours when you are deciding whether to accept an offer. Your recruiter is getting paid a lot of money if he places you, so it’s ok to expect excellent advice and a real service.
Ask for referrals of recruiters from trusted friends in the industry and pro-actively reach out to them, rather than just rely on cold calls. If you are waiting for Evan Jowers (or anyone at Kinney, really) to give you a call, don’t hold your breath. Evan has never made a candidate cold call. The best recruiters don’t have the time for cold calls and are inundated with referrals. Even when you are referred a recruiter by a trusted friend in the industry, you should still vet them by asking for references because any recruiter can get lucky and make a placement here and there of a very marketable candidate and the person they place will consider them a great recruiter solely because of that accomplishment.
When you are listening to a recruiter’s pitch (choose two or three to have the privilege of giving you a pitch), remember the “3 hour test” we have discussed in previous years in our Asia Chronicles blog.
You don’t have to listen to your recruiter for three hours to know that he / she could talk about your target market and your target firms for 3 hours. The one with three hours worth of real information – that’s the recruiter you want to use.
The act of sending around a resume is not rocket science. We have had recruiters seek to join us because they think that is all that we do on our team. When they find out how much actual leg work goes into the way that we work with candidates, and how long our hours are, most ex-lawyers decide that practicing law was better – at least the pay is steady. But the truth is that most recruiters out there will simply call around until they find a “most placeable candidate” who does not have the basic instinct or knowledge of the industry that leads him/her to follow the steps outlined above, then the recruiter will hit send on their computer and send the resume around to recruiting coordinators at firms (many of those firms without your permission) and just hope for the best. It is truly shocking how many times we have heard from candidates that another recruiter had “just had lunch” with some specific partner whom we know. In every single case we can think of a quick call to the partner in question yielded a surprised laugh and a quick, “Who?”
Remember that you cannot “fire” your recruiter. If he or she submits your resume to any firm, you are stuck with that person’s good or bad or shameful representation for 6 months. You can’t get around that. Take your time and find the right recruiter for an Asia job search. It does not have to be Kinney for you to have a successful job search and an enjoyable experience with your recruiter, one who actually provides you a service and deserves to have the opportunity and privilege to represent you. If you don’t want to consider Kinney, still reach out to us at email@example.com and we will set up a call for you with Robert Kinney or Evan Jowers and they will recommend a few recruiters from other companies who we think of highly. We’ve been trying to hire a few of them.
By the same token, if you get taken for a ride by an unethical or simply just an inexperienced or lazy recruiter, reach out to us as well. We can’t represent you at any firm such a recruiter submitted you to within 6 months, but we will throw your job search a life preserver and try to help where we can. There have been several instances recently where we went ahead and made a call to our partner contacts at firms where candidate resumes previously sent to the recruiting staff had been ignored. In one case, the candidate was hired. He knows he owes us one, and he like us will be around a long time. That’s what makes our business tick.
The First Amendment’s wording remains the same, but the world of free speech online is constantly changing. Last week, the Ninth Circuit issued an important new opinion about the First Amendment protections applicable to bloggers.
If you’re interested in free speech, the First Amendment, or media law, you should attend Above the Law’s inaugural Attorney@Blog conference. One of the nation’s preeminent First Amendment litigators, Floyd Abrams of Cahill Gordon, will deliver opening remarks. And then I will moderate a panel on free speech online, featuring the following distinguished panelists:
Marc Randazza of the Randazza Legal Group, a leading First Amendment lawyer — he has represented ATL in various matters — and editor of the the Legal Satyricon;
Nabiha Syed of Levine Sullivan Koch & Schulz, recently recognized by Forbes as “one of the best emerging free speech lawyers,” for her work representing such clients as the New York Times and The Guardian U.S. (of WikiLeaks fame); and
The panel will discuss emerging free speech issues and offer practical advice on how to avoid legal pitfalls online. If you’re a media lawyer, a journalist, a blogger, or just someone interested in these topics, you should definitely attend.
For more information and for tickets to the conference, please click here. CLE credit will be available, and early bird pricing remains in effect until February 1. We look forward to seeing you on March 14.
In my previous article for this column, I wrote about using the four P’s as a framework to facilitate a productive dialogue during the first meeting with a prospective lateral, and discussed the first P, your firm’s PLATFORM. You can read that article here.
The four P’s are:
PRACTICE: After giving an overview of your firm, start drilling down on specific variables related to the firm’s practice group that is interested in the partner you are pursuing.
As you discuss the practice group, use this format:
1. Current status
2. The practice group’s value proposition
3. Client development
4. Potential synergies
Current Status: Some firms want to add bench strength to an already established group. Others want to build a new practice group from scratch because of a void in the office. Both situations have advantages and can be attractive, depending on the career itch and motivation of the partner. Communicate this status and vision with the executive recruiter you have retained to make sure that candidates are prescreened with realistic expectations for this issue. Make a credible and attractive pitch. If you have yet to build out this group, explain the background behind not having it. If you lost a group, tell the story in a truthful way that makes sense and is still attractive to your prospect. “The niche within their practice was better served at a different law firm, so we were sad to see them go but can understand why they left and we wish them well.”
The Practice Group’s Value Proposition: What is unique about this practice group? Think through attributes that are unique on both a professional and personal level and articulate a message that is relevant and compelling. What are some key trends that you see within your clients’ industry that give your practice an edge based on this uniqueness? For example, suppose that a regulatory agency is increasing its pursuit of noncompliant corporations. The fact that your partner worked at that agency five years prior gives this practice group a competitive advantage. Or the trend within litigation in a particular industry is in alignment with your partner’s previous career in that industry. Try to connect the uniqueness with trends, external variables, and the demand for your firm’s services.
Client development: Share stories of how demand from clients can help grow the practice of the partner you are trying to attract. Discuss what your partners have done to develop and reinforce a brand based on their rainmaking efforts, such as speaking at conferences and getting published, to help capture this demand. How does the entry point for business in that area coincide with the strengths of the partner you are considering? How could the particular niche expertise of that prospective lateral serve as a catalyst to uncover new client development opportunities?
Potential synergies: The word ‘synergy’ is one of the most overused words in describing law firm recruiting and management, but it certainly is a critical word. This is what everyone is looking for. Look for a convergence between at least two or three variables that, when combined, would result in leverage to accomplish goals. Each law firm leader must answer this question that is in the mind of a prospective lateral through the whole process: “How will this move mitigate my risk and improve my condition?” This requires knowledge of the practice group, so if you are the managing partner or hiring partner and are not a part of the group that is looking to grow, it helps to have domain knowledge of the biographies and strengths of the partners in that group. How do the strategies of related practice groups, industry trends, and the group’s value proposition converge into potential demand for this prospective lateral’s expertise?
PEOPLE: Think of four ways to describe the ‘people’ aspect of your firm and the practice group:
3. New Players
4. Key Supporters
Legends are those mature partners who, not necessarily serving in a leadership role, are instrumental in shaping the group’s brand.
Heroes are those who have won high profile cases or achieved significant success within the group.
New Players are partners who have joined your firm in the last two to five years. They will have a highly credible voice when they talk specifically about how your firm has improved their conditions.
Key Supporters are those such as associates, key partners, staff, and anyone else who is an essential team member. What is unique about them? Some firms will highlight clerkships among associates or tenure among staff to differentiate the team. One recent client of mine mentioned the nine full time marketing staff in their corporate office who help drive the marketing efforts of the partners.
NEXT ARTICLE:How to discuss your firm’s POTENTIAL with your lateral prospect.
Scott Love grows law firms and accelerates attorney careers by conducting partner-level and group searches for law firms and facilitating law firm mergers. He has been a career ‘headhunter’ since 1995 and is a graduate of the U. S. Naval Academy. Scott lives in Washington, DC, with his wife, two children, and a toothless rescue dog named Smoky. He can be reached at 202-737-5555. To learn more, please visit www.attorneysearchgroup.com.
Bonuses are in. ‘Tis the season to lateral. Here’s what you need to know to make a move. Warning: some points are fairly obvious, many are overlooked, but all are important.
1. Start the process now.
Making a lateral move takes time. Unless the planets magically align for you, you’re likely looking at a couple-month process, start to finish. While that’s certainly not a bad thing (you should be exhaustive when making a career change), it does mean that you should start the process now if you’re planning on exploring your options after you collect your bonus in the upcoming weeks/months.
This is not to say that you should send your résumé to every recruiter that includes you in an e-mail blast in January. However, now is a good time to start taking all the necessary steps that come before sending out résumés and interviewing. These steps will help ensure that your lateral move will be as painless as possible.
The more organized you approach your search, the easier it will be for a good recruiter to get you what you want. This is typically a slow time of year for both work and lateral opportunities, so it’s a good time to get all your ducks in a row and be ready to take advantage of all the opportunities that interest you in 2014…
What sparked your interest in MoFo?
I participated in the SEO program the summer before law school. At a panel about law firm hiring, Chris Delson explained how he had been converted from a die-hard Californian to a New Yorker by the people he had met at MoFo. As a loyal Californian myself, I was curious what made MoFo so special. After speaking with a MoFo SEO student, I had a great impression of the firm.
What impressed you?
The student’s feeling that she was “at home.” Everyone was approachable, friendly and eager to provide her with opportunities to learn the ropes. That was something that I wanted, and I wasn’t disappointed. From day one, everyone welcomed me. I felt like I’d found a group of friends as much as a group of work colleagues.
Describe some of the projects on which you worked.
On the corporate side, I helped prepare stock option grants for a startup, then had the chance to visit its headquarters. I also was invited to co-present a seminar about entrepreneurship. I rounded things out by preparing a memorandum of understanding for a strategic partnership between two startup non-profits before doing some work with mature companies.
On the litigation side, I researched and helped develop a communications strategy to protect a client and other stakeholders in an FCPA investigation. When I expressed an interest in exploring patent litigation, two partners immediately brought me onto their teams.
What did you most like about your summer experience at MoFo?
The feeling that I wasn’t punching a clock. I was spending time exploring interesting intellectual issues, surrounded by people whom I considered both friends and colleagues.
What did you take away from the experience?
A better appreciation of the dynamics of working at a law firm with teams of varying sizes.
Why are you returning to MoFo as a 2L summer associate?
The people, the atmosphere and the opportunities to do great work kept me interested and engaged. MoFo is a great place to be for the long haul.
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
General Description: Exciting and collaborative Technology Transactions group seeking attorney to work on cross-border licensing transactions. This attorney will be responsible for drafting, reviewing, and negotiating a variety of English agreements. Work scope includes game, mobile content, video content, development, marketing, and distribution agreements. This attorney will work closely with internal business teams on matters including privacy, product policies, and open source. Will also conduct legal research and manage outside counsel.
Of course these are just the very basics mentioned above and we are happy to go into all the exciting details about this company and the position with anyone who is interested and qualified. If you are interested, please feel free to reach out to us at email@example.com and Evan Jowers, Robert Kinney or Yuliya Vinokurova will be happy to set up a phone call with you.
We have other in-house openings and numerous law firm openings in HK / China, Singapore and Tokyo at present. While its certainly not a boom hiring market, there are a number of openings at top firms. It remains a very selective market, but the very well qualified US associate looking to lateral to or within Asia today, especially HK / China, will have choices in M&A, cap markets, project finance, acquisition finance, FCPA / white collar litigation and arbitration. If you are interested in such a move or just would like to discuss the market and what might exist for you for a potential move in the medium term or long term future, or if you would like to discuss what a transfer to Asia would likely be like at your firm, please feel free to reach out to us at any time at firstname.lastname@example.org. We do make a lot of placements of US associates in Asia, but we don’t need to eventually place or even represent all of the great US associates that reach out to us for advice and / or to discuss the Asia markets. We have never tried to convince anyone to start a job search, apply for an opening or accept an offer, but we push for everyone we work with or simply advise to make the most informed decisions that they possibly can when faced with such exciting career options. Its an information and relationship business that we are running here, rather than a typical recruiting practice.
When you talk to a prospective lateral about your firm during their first meeting, the conversation can go deep, sideways, and in circles. There is so much to share and discuss. What path of a dialogue can you follow to get better odds of a favorable conclusion?
Consider this template as a model you can use to discuss your firm’s opportunity. This simplifies the conversation and gives you a mental framework so the discussion is meaningful, relevant and moves things forward.
The Four P’s
In my transition from retained corporate executive search to legal search, I saw that there were many levels of complexity in the move of a partner transitioning from firm A to firm B. In placing an executive in a corporation, it was simple because of the linear nature of relationships in corporations. In a law firm, because of the multi-layered aspect of the interdependent relationships that each partner must manage with others, the dialogue is much more involved.
I distilled this information and systemized it into a simple model of talking points.
When I engage partners in conversations about their openness to move, I use this pattern to keep things simple but on track and relevant, keenly mindful that my goal is to open up the mind of my star prospect to the idea of considering a move. When I bring on a new client and begin advising them on effective growth and recruitingstrategies, I encourage them to use this format as a mental checklist of talking points about their firm’s opportunity during that first meeting. (NOTE: Call them meetings, not interviews. People who are ‘looking’ go on interviews. Partners who are happy but open will ‘take a meeting’ with another firm).
Platform: Discuss the brand equity of your firm, the geographic footprint, the unique value proposition, and other aspects of your firm as it relates to the big picture. What are you known for? The history of your firm is important, but what holds more relevance is the future strategy and how all the moving parts and people working together can accomplish a collective goal.
This is when you should share your firm’s values, vision and mission. If you are not sure what to say when you discuss this, then get with your firm’s leadership to clarify these talking points. This is a frequently neglected but necessary building block to an organization that can get glossed over because a firm may already have achieved success over multiple generations. But to communicate the true nature of your firm, it needs to be clarified. People want to join a team following a leader who is going places, and this is a leadership issue.
Leadership skills drive growth. Every law firm has partners with good legal skills, but finding law firm leaders with good leadership skills is rare. I know this because I spend my day listening to partners gripe about it. Use that to your advantage in your recruiting strategy. Differentiate yourself from every other vanilla law firm that looks the same as all the others. Spend time learning how to develop your leadership skills because this is attractive to prospective laterals who already have achieved success. Those rock star partners you really want to hire will be motivated by these things. At the core of its being, a law firm is a collective of peers held together by conditional promises. It’s even more critical for a law firm than a company to clarify its values, vision and mission, because nothing else exists to hold the attorneys together except ideals and values, such as loyalty.
Based on my personal observations, the majority of those who are running law firm offices or practice groups have spent most of their careers doing exceptionally well at practicing law and serving clients on legal matters. They have not mastered the core competency of leading large teams effectively. They have not been proactive in their leadership development and are relying on well-intentioned instinct and charisma, which only goes so far. Leadership is a simple concept and is something that must be continuously studied and discussed. For a client, would you try to solve a legal matter that is unfamiliar to you without studying up on it first? That’s the same priority you need to give to your own effectiveness in leadership.
Start by reading books by authors such as John Kotter, Ram Charan, and law firm management consultants like Ed Wesemann. Consider a daily reading habit. Or shorten your commute by listening to leadership books on audio, or even podcasts on leadership and law firm management. Leadership is developed over time and you can always learn more about how to lead because of the complex nature of human dynamics, especially within law firms. If you do this, it will come out in your dialogue with that fresh prospect, and you will tell the story of your firm on a strategic level and weave in meaningful discourse on your firm’s values, vision and mission.
About Practical Law
If you are not familiar with Practical Law, this video provides a quick overview of the online service. Practical Law also offers a free, no obligation trial that gives you access to thousands of practical how-to guides, annotated model documents, state surveys, custom market practice reports and more.
If you think most legal technology misses the mark, LexisNexis Firm Manager® wants to change your mind. Read more about it here.
Built with input from hundreds of solo and small-firm attorneys across the country, it’s made for practitioners who’d rather build the firm of their dreams than deal with the hassles of running a business.
· Go Mobile, Stay Connected.
See all your firm’s information, wherever you are, on whatever device you’re using. Access and update client files, enter billing, search & share documents and more. It’s just like you’re in the office, only you’re not.
· Billing Made Easy
We make it simple to earn what you should. Quickly create professional looking invoices, and review all your firm’s invoices on one page. It’s billing that borders on (almost) being fun. Almost.
· 360º Practice Management
Stay focused on the big picture with appointments, tasks, matters, deadlines, memos and more managed from one view.
· Task management. Your Way.
Life is unpredictable, but getting things done doesn’t have to be. Manage tasks by Priority, Due Date or by Estimated Time to Complete, helping you plan your schedule accordingly.
· Calendaring + To-Dos = Done
Know exactly what you need to do and where you need to be. See every appointment, meeting, task and deadline at once, or sort by day, week or month. Lets you share your calendar and tasks with your legal team, too.
· Web-Based in the Cloud
Never again have to deal with installing software on your computer. You always have instant access to the very latest version, with no need to upgrade. We do the work for you.
· And More!
Go ahead, try LexisNexis Firm Manager® for yourself—and see how technology can help you practice the kind of law you’ve always dreamed of.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: