Legal Accounting as a Service

Our mission is to free lawyers from the complexities of legal accounting.

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Our key benefits

Cashroom are dedicated to providing accounting and bookkeeping services for legal practices & lawyers. There are countless reasons why our service is better than the rest. Here you can learn about your benefits if you use Cashroom.

Increase efficiency

Increase efficiency with sophisticated automation and easy to access information, enabling your firm to scale quickly and focus your valuable resources on the law.

Reduce risk

With integrations into the leading banking platforms, Cashroom can significantly reduce the risk of human error and save time when initiating payments and checking for incoming funds.

Ensure compliance

Enjoy peace of mind as Cashroom’s expert accountants and bookkeepers ensure your firm is compliant with the bar associations rules.

Our Clients Love Working With Us

”We have had an incredibly positive and professional experience with Cashroom. Their assistance during a critical time was invaluable, and they have continued to deliver value since day one.

Chrissie YoungChief Operational Officer, Goosmann Law Firm

“We brought Cashroom in to provide a secure, efficient, compliant finance function. They have delivered exceptional service with a real personal touch, saving us money and delivering a quality finance function.”

Gareth JonesPractice Manager, Easthams

“It was a big decision for us to outsource our finance function. However, Cashroom were so helpful from our first engagement with them. They are efficient, approachable, capable, trustworthy and always there to provide advice and support.”

Rachel TaylorDirector, RJT Solicitors

“Outsourcing to Cashroom has been painless. So easy to deal with accommodating everything that we need to do, when we need to do it, whilst keeping us on the right side of the vast array of regulations.”

Kate AndersonDirector, Masson Cairns Law

Cashroom services

Legal Bookkeeping

Cashroom provides all the bookkeeping services typically provided to a law firm. The difference is that “your” bookkeepers are employed by us and work remotely from our offices. With our service, you can focus on serving your clients allowing you to grow your business. Our expert legal bookkeepers will perform all bookkeeping services for law firms and assist you to tackle all accounting challenges specific to the legal industry.

Management Accounting

Management information provides the data you need to run your business. Budgets, cashflow projections and monthly management accounts are crucial to knowing where you are and predicting where you’re going. Cashroom know exactly what is needed by the regulatory bodies and produce the same for you. Whether financial statements, periodic reports, debtor reports, bank reconciliation reports, financial analysis reports, ratio analysis or any ad-hoc reporting – our expert Legal Accountants have you covered.

Credit Control

Cash is one of the most important things in any business. Law firms are no different. From a business perspective, you need to turn all your good work into cash as soon as possible.

The Cashroom can provide a sophisticated, cost effective and responsive Credit Control function.

Payroll

Cashroom will take care of all aspects of running your payroll, including pay calculation, reimbursement, deduction, payslip generation, amount to be withheld for federal and state income tax, social security and Medicare contribution amount, payment of tax, and tax return preparation. Our client portal will help you keep a vigilant eye on the complete payroll activity for your business.

Why work with Cashroom?

Many of our accountants and bookkeepers have worked in finance functions in law firms, meaning they have first hand experience working for firms like yours. Our expertise in the legal sector makes Cashroom an ideal partner for your outsourced finance function.

Free up lawyers to spend more time fee earning
Reduce risk, ensure compliance and improve efficiency
Only pay for the level of service and support you need. Scale it up or down on demand.
Reduce costs and accelerate organizational transformation
Increased resource – you don’t need to worry about holiday cover or parental leave

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