Bookkeeping for attorneys
Winning more clients doesn’t automatically mean taking home more money. Your bank balance shouldn’t decide what you actually made, what you owe, or what you can safely pay yourself.
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A busy practice doesn’t always mean a healthy business
You give clients precise advice built on the facts in front of you. Behind your practice, you may still be running the numbers from a bank balance and hoping there’s enough left after taxes, insurance, and the next renewal.
You just wrapped up a long day of client work.
You still don’t know what the practice actually made.
Consultations, contract reviews, and drafting kept you focused all week. When you finally open your bank account, the balance tells you what’s there, not what’s yours to keep after software, insurance, bar dues, contractors, and taxes.
One month you close three engagements.
The next month is quiet.
Revenue swings from month to month. Your mortgage, insurance premiums, and personal expenses don’t. Deciding how much to move to your personal account becomes another judgment call at the end of the day.
You’re weighing a decision right now.
Your books can only tell you about last month.
A new subscription, a marketing push, hiring a paralegal, or paying yourself more. A report delivered weeks after the fact can’t tell you whether the practice can absorb the cost today.
Quarterly taxes are always somewhere in the back of your mind.
You’re never quite sure what’s really set aside.
With no employer withholding, every transfer out of the business account carries a quiet question: is this money actually mine, or is it the IRS’s? Guessing turns routine decisions into stressful ones.
You’re catching up on bookkeeping late again.
After the emails, the filings, and the client calls.
Client work comes first. Bookkeeping slides to evenings and weekends until a tax deadline, a lender request, or a big decision forces you to piece it together.
Every earned fee updates the numbers behind your practice
Every earned fee, every client payment, every operating account transaction, every business expense flows into one clear financial picture.
As earned fees and expenses move through your connected accounts, Cashflowy updates your books, dashboard, estimated tax set-aside, Safe Owner’s Pay, and 90-day forecast, so the story your numbers tell is always current.
Explore AI Bookkeeping →- Categorized as legal service incomeUpdated automatically
- Added to your current booksRecorded
- Estimated tax set-asideUpdated
- Safe Owner’s PayRecalculated
- 90-day forecastUpdated
See what’s left after running your practice
Cashflowy organizes the expenses passing through your connected accounts, giving you a current view of what you spend on running, protecting, and growing your practice.
- Bar dues
- CLE courses
- Malpractice insurance
- Legal research software
- Practice software
- E-filing fees
- Marketing
- Independent contractors
Expense categorization is provided for bookkeeping purposes. Talk to your tax professional about whether a specific expense is deductible.
Safe to pay yourself
$6,900
Available based on your current numbers and allocation settings.
Know what you can safely pay yourself
A healthy bank balance can include money needed for taxes, upcoming expenses, and a business safety buffer. Cashflowy uses your recent revenue, expenses, allocation settings, estimated tax set-aside, upcoming bills, and safety buffer to suggest an owner’s pay amount.
Cashflowy provides educational financial information. Talk to your tax professional about your specific business and personal tax situation.
Explore Owner’s Pay →Know what’s coming before it arrives
Cashflowy projects your cash flow 90 days forward using your latest revenue and expense patterns.
Explore Cash Flow Forecasting →90-day financial forecast
Your current cash position covers projected expenses.
Annual renewals, professional dues, and uneven client payments can make the next few months look very different from the current one.
Estimated tax set-aside
See how much you’ve set aside for taxes.
Cashflowy tracks what has accumulated in your tax savings bucket based on your allocation settings.
Updated using your latest financial data and allocation settings.
This is an estimate for planning purposes. Cashflowy does not determine your final tax liability, file taxes, or replace your tax professional.
See what you’ve already set aside
As income and expenses change, you can see your current estimated tax amount without trying to reconstruct it from several accounts or spreadsheets.
Explore Tax Estimates →Ask the financial questions behind your practice
Clara AI, your financial coach, answers questions using the financial data in your Cashflowy account, so you can understand what changed and what your current numbers may support without searching through reports.
Clara AI, Your Financial CoachCan I afford my upcoming malpractice insurance renewal?
From your dashboard
Bookkeeper access is included
Cashflowy handles routine bookkeeping automatically. When you have an account question, an unusual transaction, or something you want to discuss, you can contact a human bookkeeper.
Every plan includes unlimited live chats and scheduled private meetings at no additional charge.
Meet your bookkeeper →Included with every plan
- Unlimited live chat with a human bookkeeper
- Scheduled private meetings at no additional charge
- Help with account questions and unusual transactions
Connect your accounts once. Cashflowy keeps your books current
Connect your operating accounts and Cashflowy organizes the routine financial work behind your solo practice.
Step 1
Connect your operating accounts
Connect your business bank accounts and cards securely through Plaid. Cashflowy imports the available transactions automatically, so there is nothing to enter by hand.
Step 2
Let Cashflowy organize the transactions
Cashflowy imports, categorizes, and reconciles your transactions continuously. Earned fees, subscriptions, insurance payments, professional dues, marketing, and other business expenses stay organized.
Step 3
Open one dashboard and know where you stand
See income, expenses, profit, cash flow, estimated tax set-aside, and suggested owner’s pay together. Ask Clara AI or contact a human bookkeeper whenever you need help.
Built for attorneys who operate as solopreneurs
Cashflowy is built for U.S.-based solo attorneys without W-2 employees whose earned fees are deposited into a business operating account.
Cashflowy may be a good fit if
- You are a U.S.-based solo attorney
- You do not have W-2 employees
- Your earned fees are paid into a business operating account
- You want automatic bookkeeping and clearer financial information
- You want help understanding what to set aside and what you can pay yourself
- You use one or two independent contractors rather than employees
Cashflowy is not designed for
- IOLTA or client trust account management
- Trust-account reconciliation or compliance
- Law firms with W-2 employees
- Payroll processing
- Matter management
- Legal time tracking
- Retainer management
- Complex law-firm billing
- Tax preparation or filing
Go beyond keeping records
| What you need | Accounting software | Traditional bookkeeper | Cashflowy |
|---|---|---|---|
| Know what your practice actually made | Available with setup | Delivered periodically | |
| See where your money is going | Available with setup | Usually delivered periodically | |
| Know what you can safely pay yourself | Not usually included | Varies | |
| Stay prepared for quarterly taxes | Not usually included | Varies | |
| See what’s coming before it arrives | Requires additional setup | Varies | |
| Ask questions about your own numbers | Varies | No | |
| Talk to a real bookkeeper when needed | Usually an add-on | Core service | |
| IOLTA and trust accounting | Requires specialized software | Only with a qualified provider | Not supported |
| Payroll and W-2 employees | May require an additional service | May be available | Not supported |
One connected view of your solo practice
Owner’s Pay, Tax Estimates, Cash Flow Forecasting, Financial Insights, and Clara AI work together using the same current financial data.
Frequently asked questions
Does Cashflowy support IOLTA or client trust accounting?
No. Cashflowy is designed for bookkeeping in your business operating account only. It does not support IOLTA or client trust accounting, trust-account reconciliation, or compliance workflows. If your practice relies on trust accounting, you’ll need a dedicated legal accounting solution alongside Cashflowy.
Can Cashflowy replace QuickBooks for a solo attorney?
For many solo attorneys, yes. If you want automatic bookkeeping, current financial insights, suggested owner’s pay, estimated tax set-aside tracking, and cash flow forecasting, Cashflowy can replace traditional bookkeeping software. Cashflowy is not designed to replace legal practice management, legal billing, or trust-account software.
Can Cashflowy track income from my solo practice?
Yes. Cashflowy automatically categorizes earned fees deposited into your connected business operating account, organizes your expenses, and keeps your books current so you always know what your practice earned and what you actually keep.
Can Cashflowy help me decide how much to pay myself?
Yes. Cashflowy continuously updates your suggested Owner’s Pay using your current revenue, expenses, estimated tax set-aside, upcoming bills, and business safety buffer. It helps you pay yourself with more confidence instead of relying on your bank balance alone.
What if my books are behind?
That’s okay. Many attorneys join Cashflowy after falling behind on bookkeeping. Once your accounts are connected, Cashflowy’s automation and included human bookkeepers can help you get organized and keep your books current going forward.
Do I need to understand accounting?
No. Cashflowy is designed for business owners, not accountants. It automatically organizes your bookkeeping and presents your finances in plain English, while Clara AI and your included human bookkeeper are available whenever you have questions.
Your financial data stays secure
Cashflowy is built on the same security standards used by the largest financial institutions.
Secure bank connections
Read-only access through Plaid. Cashflowy never stores your bank credentials.
See integrations →AES-256 & TLS 1.3 encryption
Your financial data is encrypted with AES-256 at rest and TLS 1.3 while it’s transmitted.
Your data stays private
Cashflowy never sells your data or shares your financial information with companies like OpenAI.
Real human support
Clara AI handles the routine work. Real human bookkeepers are included whenever you need help.
Meet your bookkeeper →