Dura Lex Sed Lex

Cravath, Swaine, and Moore, one of the nation's largest and most prestigious corporate transaction and antitrust firms, has recently announced a special one-time bonus for all of its associates: somewhere in the range of $10-50K. This, of course, is in addition to the annual end-of-year bonuses means that a brand new Cravather, an associate who graduated and passed the bar in 2006 will be reporting an average of $205,000 on this year's income taxes. What does this mean for the rest of the helots--I mean, associates--in the Manhattan legal community? Everyone's getting a bonus to stay competitive with Cravath and to ensure that the associates don't start jumping ship to go to CSM. What are the Cravath associates doing with the extra money? Maybe going to off to pick up more teenage girls, then pay their mother for the sex, and get off with time served.

In related news, law schools are changing their curricula to be more real-world oriented.