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The big firms have some ridiculous overheads, expensive artwork on the walls etc. If I was an equity owner in any of those businesses I’d be looking to see that my money was spent wisely and not on vanity items. Take the case of one solicitor, who, when he became managing partner took the opportunity to go through every item on the nominal list. As a medium sized firm he discovered they were spending £60k a year on biscuits. Their office was right next door to a leading supermarket. But the chap buying the biscuits from a stationery supplier had been given a nice bottle of whiskey by them every year. How often do we take the time to go through our nominals to see what our staff are spending on our behalf? Last time I did this I saved us £18k per year and we are a firm with only twenty staff.