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happy hours

It's mid summer time..which means happy hours every thursday to send off people leaving the firms. I'm not a fan of the term 'happy hour' when it comes to people leaving. Any other suggestions out there for events in their 'honor'?
There are also two schools of thought on the happy hours - One half don't want one and just want to slip out without any fuss. The other half look forward to their happy hours as a rite of passage to get out of the firm.
What bugs me is the difficulty in laying down the credit cards so the tabs can keep running atleast for 3-4 hours. Come on now, these people leaving the firm spent a good amount of time working their asses off for the partners. A little thank you should be in order. Granted, from a partner's perspective, why should they pay when people leave? Well, why don't you pay when people stay? Let's look at it another way - a happy hour to celebrate the people staying? That should be cause for celebration.
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