Cravath is usually the first law firm to release its year-end bonus information each year and then the rest of the major law firms follow suit and try to one-up the firm with their own bonuses. Then, with spring bonuses, Sullivan & Cromwell is usually the first law firm to announce its bonuses. But, this year we are hearing from Cravath first when it comes to spring bonuses. The reason we are hearing from Cravath is not something they might be particularly proud of right now. A tipster from Cravath was on his or her way to work one day and came across the Subway sign in the photo posted in this article.
“I was walking to work up Eighth Ave and noticed that the firm had, without notifying its associates, already provided us with a spring bonus: a 10% discount at Subway.”
The tipster from Cravath went on to tell Above the Law the following:
“I did try to take advantage, but it was only after I ordered my Cold Cut Combo that I was told the 10% discount didn’t apply to $5 foot-long subs.
Another sign of the changing legal economy.”
Now, the tipster from Cravath says that it is possible that administrators from the law firm might have said something to the owners of the shop about the sign because “now reads ’825 Eighth Ave Employees,’ or something more vague like that.”