Smarter Finance for Medium-Sized Law Firms

As your law firm grows, managing day-to-day finance becomes more demanding and mistakes more costly. Whether you’re looking to streamline operations, reduce risk, or gain better financial insights, Cashroom helps you take control.

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At Cashroom, we understand the pressure medium-sized law firms face: staying compliant, managing cashflow, processing transactions accurately, and getting the right financial information, all while keeping clients happy and operations running smoothly. That’s where we can help.

Services for medium-size law firms include:

Legal cashiering

Management accounts & reporting

SRA compliance support

Payroll and pensions

Forecasting & financial planning

Cashroom Services

Save time and reduce overheads

Gain financial clarity and strategic insight

Ensure compliance across your team

Scale financial support to match your growth

Outsourcing to The 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. We have complete trust in them to ensure our compliance, and have a Law Society Inspection Report which proves what a great job they are doing for us.

Kate Anderson, Director

Whether you’re managing finance in-house or juggling external support, Cashroom offers a smarter, more efficient way forward.

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FAQs

How can The Cashroom support a growing law firm?

As your law firm scales, managing finance and compliance becomes more complex. The Cashroom provides outsourced cashiering, compliance, and finance support tailored to growing firms, giving you the expertise, technology, and scalability you need without adding overheads. Our secure portal ensures complete visibility and a clear audit trail, so you stay efficient, compliant, and in control; freeing your team to focus on clients and growth.

Will outsourcing affect control or visibility over our finances?

Not at all. Our secure portal gives you real-time access, visibility, and full audit trails of every transaction. You maintain full oversight, while we handle the day-to-day processing and compliance work.

Is The Cashroom compliant with regulatory bodies?

Yes. We support firms regulated by the Solicitors Regulation Authority (SRA), the Council for Licensed Conveyancers (CLC), and the Law Society of Scotland. Our processes are designed to meet the latest compliance standards and reduce regulatory risk.

What if we already have an in-house finance team?

We’re here to complement your existing setup, not replace it – unless that’s what you need. Many firms use The Cashroom to ease the pressure on their in-house team by handling routine cashiering, peak workloads, or specialist compliance tasks. Others choose to outsource their entire finance function to us. Our services are fully flexible, so whether you need extra capacity, technical expertise, or a complete solution, we’ll tailor our support to fit your firm.

Can The Cashroom integrate with our practice management system?

Yes. We are fully compatible with all major practice management systems, enabling seamless workflows, real-time data exchange, and secure financial controls.

Is outsourcing scalable as we grow further?

Absolutely. Our services scale with your firm. Whether you’re expanding your team, opening new offices, or increasing transaction volumes, we can adapt quickly, without the headache and delays of recruiting internally.

What kind of reporting and insights do you provide?

We can deliver regular financial reports, management accounts, compliance alerts, and performance insights to support strategic decision-making and regulatory confidence.