Expert Accounting For Legal Firms

We understand your law firm’s unique financial challenges. Our team transforms your financial operations through comprehensive accounting services, eliminating compliance risks and reducing costs. You focus on your clients; we’ll take care of your books.

Transforming Legal Firm Accounting

At Cashroom, our mission goes beyond traditional accounting for legal firms. We’re driven by three core principles that define everything we do:

Trust

Ensuring your financial security and compliance

Innovation

Pioneering technology for smarter financial management

Expertise

Dedicated specialists in legal accounting

With over a decade of experience, we understand the unique financial challenges legal practices face. Our dedicated team combines deep industry knowledge with innovative technology to deliver accounting solutions that ensure compliance, reduce costs, and drive growth.

Meet Our Legal Finance Leadership Team

Behind Cashroom’s success stands a leadership team that combines legal expertise, accounting excellence, and technological innovation. From former law firm partners to chartered accountants and tech innovators, our leaders bring diverse perspectives to solving law firms’ financial challenges. Team Member Cards:

Chris O’Day – Chief Executive Officer

A Chartered Accountant and Deloitte alumnus, Chris has driven Cashroom’s evolution since 2014. His progression from Management Accountant to CEO reflects our commitment to understanding what law firms truly need from their financial partners.

Credentials: Chartered Accountant (CA)

Joel Carney – Business Development Director

With 25 years in litigation and arbitration, Joel combines legal expertise with deep financial understanding. A Best Lawyer in America honoree, he actively practices at Goosmann Law Firm, Administrative Partner at Smith Pauley, Nebraska, while driving Cashroom’s growth strategies.

Credentials: J.D., American Arbitration Association Panel Arbitrator

Steven O’Day – Chief Operational Officer

Bringing 13 years of financial technology expertise from major institutions like RBS and Virgin Money, Steven ensures our operations maintain the highest standards of security and efficiency.

Credentials: Banking Technology Expert

Alex Holt – Chief Revenue Officer

Former partner at two top 100 law firms, Alex brings invaluable legal sector insights to our operations. Since 2014, he has spearheaded our expansion across England, Wales, and the USA, continuously innovating our service offerings for law firms.

Credentials: Qualified Solicitor (1993)

Paul O’Day – Chief Technology Officer

Leading our technological innovation, Paul has revolutionized legal accounting through groundbreaking developments like Open Banking integration. His expertise ensures our services stay at the forefront of legal financial technology.

Credentials: BSc in Mathematics and Computer Science, Lindenwood University

Emma O’Day – Chief Marketing Officer

A qualified legal professional with advanced marketing expertise, Emma drives our brand strategy and market presence with deep understanding of both legal and marketing disciplines.

Credentials: Law Degree, Diploma in Legal Practice, Chartered Institute of Marketing Member

Professional Associations & Certifications:

Connect With Our Team

A Legacy Of Excellence

Our journey began in 2008 with a clear mission: revolutionize accounting for legal firms. From our UK origins to our expansion across the United States, we’ve maintained our commitment to innovation, compliance, and excellence while growing to serve 300+ law firms globally.

Partner With An Industry Leader

3 Ways This Cash Flow Guide Helps Your Law Firm

From daily bookkeeping to strategic financial planning, we provide the specialized accounting services your law firm needs to thrive. Our team of legal finance experts delivers compliant, efficient solutions that free you to focus on serving clients and growing your practice.

Legal Bookkeeping

Transform your firm’s financial management with specialized legal bookkeeping services. Our expert team handles:

  • Daily transaction management
  • Trust account reconciliation
  • Compliance monitoring
  • Financial record maintenance
  • Bank reconciliations
  • Regulatory reporting

Managerial Accounting

Make informed decisions with comprehensive financial insights:

  • Customized management reports
  • Cash flow projections
  • Budget analysis and planning
  • Performance metrics tracking
  • Profitability analysis
  • Strategic financial planning

Credit Control

Optimize your firm’s revenue cycle with professional collection services:

  • Automated payment processing
  • Proactive collection strategies
  • Aging report management
  • Payment plan administration
  • Client payment communications
  • Cash flow optimization

Explore Our Services

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

How We Transform Your Law Firm’s Financial Operations

Our straightforward onboarding process ensures a seamless transition to expert financial management for your law firm. We take care of every detail, from initial assessment to full implementation, setting the foundation for a long-term partnership.

Discovery

We start with an in-depth discussion to understand your law firm’s needs, current systems, and financial goals. Our team evaluates your requirements and answers any questions about our services.

System Assessment

Our experts review your current financial systems and processes. Whether you share reports or we conduct a detailed review, we ensure our solution integrates seamlessly with your practice.

Custom Solution Design

Based on our assessment, we present a tailored proposal outlining your firm’s customized financial management plan. We discuss implementation details and ensure the solution perfectly fits your needs.

Partnership Launch

After agreement, our dedicated onboarding team ensures a smooth transition to our services. We establish your secure portal access and connect you with your dedicated service team.

Innovative Technology For Modern Legal Accounting

Experience seamless financial management through our secure Cashroom Portal, trusted by over 4,200 users. Our system-agnostic approach means we work with your existing software while providing enhanced security, automated workflows, and real-time financial insights.

Secure Portal Technology

  • Automated workflows
  • Enhanced security protocols
  • Real-time financial insights
  • Streamlined communication
  • Custom authorization controls

Software Compatibility

We integrate with all major platforms:

  • Clio
  • LEAP
  • Smokeball
  • Tabs3

  • Xero
  • Quickbooks
  • And many more

See Our Tech In Action

Keeping Your Law Firm’s Financial Data Secure

Your financial data deserves the highest level of protection. Our secure portal eliminates risks through encrypted communication, while strict access controls and automated security protocols safeguard every transaction and document.

Security Essentials:

  • End-to-end encryption
  • Multi-factor authentication
  • Secure client portal
  • Regular security audits
  • Role-based access
Role-based access

Latest Blogs

Read up on some of our latest business news and useful information.

law firm accounting companiesBlogsBusiness DevelopmentLaw
February 17, 2025

Is Your Law Firm IRS Compliant? 5 Ways Law Firm Accounting Companies Can Assure You Are

Every day, law firms handle complex financial transactions, trust accounts, and client funds that demand precise management and strict compliance. When a single accounting error can lead to serious regulatory…
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BlogsBusiness DevelopmentLaw
February 13, 2025

Starting a Law Firm with Plans to Scale Quickly

Since January 1, 2025, we’ve witnessed an unprecedented surge in enquiries from budding law firms. Some of these new law firm have some really exciting growth plans. This inspired us…
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BlogsBusiness DevelopmentLaw
January 31, 2025

Boost Your Firms Cash Flow

One common priority at the start of a new year is improving financial health and cash flow – two areas critical for stability and growth. While legal firms often prioritize…
Natasha Sheppard
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