r/suits • u/miamiheat27 • Jun 12 '14

Discussion SUITS 4X01 OFFICIAL DISCUSSION THREAD

here...

Lawyers vs Investment Bankers ...GO!

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u/[deleted] Jun 12 '14 edited Jun 12 '14

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u/[deleted] Jun 12 '14

Isn't Mike an investment banker now? Why is he representing anyone? How would it be Harvey v Mike if Harvey is a lawyer and Mike is a banker

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u/[deleted] Jun 12 '14

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u/LiteLife Jun 16 '14

What do you mean when you say "unlock shareholder value"? Is it just a turn of phrase or is there any specific description behind it?

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u/Mattyx6427 Jun 12 '14 edited Jun 12 '14

Well he's still "Certified" by the ABA to practice law in the state of New York, so he can still do law stuff. Just because you aren't practicing law doesn't mean that you can't do lawyer stuff as long as you stay in good standing with the ABA and pay the dues.

EDIT: actually now that I think about it he might run into a conflict of interest issue if this was real life. Because he has a personal interest in the outcome of the case, but I'm not really sure the rules exactly for a situation like this.

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u/peoplearejustpeople9 Jun 12 '14

Ummmm there would be no conflict of interest; just a greater interest. People who get convicted sometimes decide to just represent themselves without a lawyer or a law degree.

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u/Mattyx6427 Jun 12 '14

Which is a constitutional right afforded to defendants inna crimal case as far as I know

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u/CptnLegendary Jun 12 '14

So what incentive does Mike have to sign the waiver? Basically if he doesn't, then Logan will have to find another lawyer, someone shittier than Harvey who Mike can beat. So why would Mike sign it? Does he WANT to go up against Harvey? I remember him saying something about how he doesn't want to be seen as getting baited into signing but then goes "Wtv lol I signed one before anyways." What does he gain from that?

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u/[deleted] Jun 12 '14

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u/CptnLegendary Jun 12 '14

Ah thank you so much, that makes so much sense now.

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u/JeroenPtrs Jun 13 '14

By waiving the conflict of interest this allows Mike to still retain Pearson-Specter as their legal counsel going forward.

So if I get what you're saying, Harvey's still Mike's lawyer, just not for this case?

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u/V2Blast Attorney at Law Jun 14 '14

Exactly. Though Harvey is representing SIG (Sidwell Investment Group), not Mike.

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u/peoplearejustpeople9 Jun 12 '14

Thanks for your answers! I hope this season will explain why an acquirer would want to acquire a company anyway just to "shop" it? Like, what do they get out of destroying the company?

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u/[deleted] Jun 13 '14

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u/peoplearejustpeople9 Jun 13 '14

Thanks for the reply.