The ALS Association’s “Ice Bucket Challenge” has been wildly successful, raising more than $107 million to support the nonprofit and its great work fighting amyotrophic lateral sclerosis, also known as Lou Gehrig’s Disease. The success even prompted the association to file trademark applications for “Ice Bucket Challenge” and “ALS Ice Bucket Challenge” (ultimately withdrawn, so as not to stop other worthy causes from using the challenge).
* To prepare for the upcoming term, the Supreme Court added six new cases to its docket. Much to our chagrin, none of them are about gay marriage. In other news, Matt Kaiser was right: this is a term only a lawyer can love. [National Law Journal]
* “We are not going to forget where we came from.” As it turns out, not everyone at this firm is a “huge [bleep]hole.” Cozen O’Connor announced this week that Michael J. Heller will step up to serve as the firm’s chief executive officer. [Philadelphia Inquirer]
* Apparently law school deans are “merely middle management.” Frank Wu, Chancellor and Dean of UC Hastings Law, gives an interesting insider opinion about what the view is like from the top of the ivory tower. [Huffington Post]
* “Caveat emptor makes for a lousy law school motto”: an exposition on why law schools should tell their prospective students the truth about their job prospects after graduation. [Thomson Reuters News & Insight]
* Anna Gristina, the Millionaire Madam, pleaded guilty to one count of promoting prostitution. Does this mean we’ll never find out more about the “prominent Manhattan lawyer” who was allegedly a client? [New York Post]
* New Jersey Assemblyman Ronald Dancer (ne Fist Pumper) proposed a piece of legislation called the “Snookiville Law.” If it means more cash for the towns that have to suffer wrath of reality TV, then so be it. [CNN]
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: