Welcome to Above the Law’s newest feature, Fun With Fine Print. This occasional column will chronicle especially clever or awful examples of legalese, fine print, disclaimers, disclosures, and the like. Our readers who spend so much time toiling over contractual language, drafting it beforehand or litigating it after the fact, will hopefully appreciate — and contribute to — this feature.
We’ll start things off with an example of infamous fine print. Earlier this year, Subway got torpedoed over its regrettable response to a customer complaint. After Australian teenager Matt Corby complained that his “footlong” Subway sub was a mere eleven inches, Subway invoked the following fine print: “With regards to the size of the bread and calling it a footlong, ‘SUBWAY FOOTLONG’ is a registered trademark as a descriptive name for the sub sold in Subway® Restaurants and not intended to be a measurement of length.” Personally speaking, I think eleven inches is more than enough — but based on the uproar and litigation, maybe I’m in the minority.
Now let’s look at legalese worth celebrating, for its cleverness and its clarity. It also comes from a fast-food provider….
* Let me just say that societies that fully utilize the talents of women have an inherent advantage over the ones that don’t. With one rules change, we now have twice as many potential combat soldiers. Glory. [Daily Beast]
* A “Good Samaritan” gun owner defended a little boy from pit bulls by shooting at the dogs who were mauling the little boy. Look, as a dad, can I just say that if you see some pit bulls attacking my son, please help… by running at the pit bulls and saying, “Git, git away from that boy,” not by shooting a freaking hand cannon towards my child! [Cato @ Liberty / Cato Institute]
* Okay, who has standing to sue for a violation of the 27th Amendment? Who? I want this to happen. Come on, constitutional scholars. Make it happen. Let’s see who really cares about “all” the amendments, not just the ones that allow people to shoot each other. [The Note / ABC News]
* Steven Davis, D&L’s former chairman, really wants to make sure he’ll be able to use the firm’s insurance policy to defend himself, or else he’ll “suffer undue hardship.” Sorry, but after all the undue hardship you caused, nobody feels bad for you. [Am Law Daily]
* As it turns out, the Mitt “47 Percent” Romney recording may have been illegally taped, but Florida authorities aren’t investigating — a victim hasn’t come forward to complain. What, no “off the cuff” remarks this time, Mitt? [Washington Wire / Wall Street Journal]
* Even if you get disbarred, you can still go on to work for a Biglaw firm. In other news, apparently you can last about a month at Lewis Brisbois while using a stolen identity before you get fired. [Las Vegas Review-Journal]
* Arizona’s governor was really excited that the injunction against SB 1070’s “show me your papers” provision was lifted by Judge Susan Bolton. She won’t be as excited when all of the lawsuits start rolling in. [Bloomberg]
* It’s probably bad if your dean resigns before the school opens. J. Michael Johnson, the ex-dean of Louisiana College School of Law, left to take a “great job offer” (i.e., not a law school deanship). [Shreveport Times]
* Good news, ladies! A serial subway “grinder” in NYC avoided jail time after ejaculating on three women in separate incidents, and now city pols are trying to make it harder for perverts to get off. [New York Daily News]
[Ed. Note: Long time readers of Above the Law will remember Exley, a contestant for ATL Idol during which Lat had the ludicrous idea of letting the readers chose ATL's next editor. Exley's got a new blog called Ying-A-Ling, where she wrote this gem of a story of how she used her Biglaw skills to handle a subway situation that we thought you would like.]
So it’s Tuesday morning and the subways on the yellow line are mysteriously MIA. When an R-train finally arrives, it’s so packed that half the people on the platform give up and wait for the next one. I am about to give up too but at the last second see a tiny sliver of space and squeeze myself in just before the doors close.
Two stops into the crowded ride, I’m still congratulating myself on my urban ninja skills when the guy behind me mutters, “Don’t lean on me.”
I hadn’t been leaning on him, though I certainly could have bumped or nudged into him, given the sway of the subway car and all. But actual leaning was what the man in the full velvet suit on my left was doing to me. I was not leaning.
Two years ago, when I was new to New York, two girls had said the same thing to me on the shuttle from Grand Central to Times Square when I had accidentally touched their arms. I’m talking about two young girls, up to my shoulder in height, braces, maybe even pigtails. Nonetheless, I backed away as if they had scorched me with hot irons, and tears might have, you know, sprang to my eyes and s**t.
That was the old me. Today, I am a hardened urban f**king ninja….
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: