Equity Uncle - Tim Matthews Staindl
The LSS sent worried shivers through the MLS last week by hosting its annual ‘Welcome Back Garden Party’ without (overt) corporate sponsorship. Understandably, many students are questioning, inter alia, the ongoing financial stability of the student body and whether such a move will damage its esteemed commercial reputation. De Minimis caught up with Equity Uncle to discuss these troubled times.
Equity Uncle, what will be the immediate effects of this bold decision?
Back in the hey-day years of LSS commercialism, Equity recalls fishing bottles of Armand de Brignac and Chateauneuf-du-Pape out of golden lavoirs whilst Mallesons or Freehills footed the bill. It belies true corporate justice to set tepid whites out on IKEA rugging. Equity sees corporate lawyers as the real victims here.
What do you say of the approach taken by the LSS?
At a time of heightened tensions surrounding the deregulation of student contributions, Equity queries whether this, if any, is the right time to be making corporate enemies by feigning independence. Further, the potential effect on imminent clerkship applications has many a budding lawyer shaking their head.
Will such a debt-ridden picnic come at the cost of future events/competitions?
Students should be thankful that the incident appears to be isolated, with law school competitions and other activities still bearing reputable trademarks.
Additionally, Equity understands that considerable funds were set aside during the last few financial years with profit-driven ventures like the Corrs Chambers Westgarth Law Ball. Equity lauds the past foresight of the student body, which should secure them against this moment of myopic folly.
Equity Uncle will lend his wise words to De Minimis whenever justice requires.