CROMWELLAdvisors | AccountantsCFO-Grade Financial
Leadership for
Law Firms
The #1 advisory and accounting firm for the legal profession. Trust accounting done right, monthly financials, and a dedicated CFO who understands realization, WIP and partner draws.
And get your price
Cromwell Core for Law Firms
What your firm gets every month
Monthly bookkeeping and trust accounting
Operating and IOLTA accounts reconciled three ways to the client ledger, costs advanced tracked by matter, and every account closed within 15 days of month end.
Firm financial statements
Profit & loss, balance sheet, cash flow and equity prepared to GAAP, with revenue by practice group and matter type, compared to prior periods and budget.
A live monthly review call
Your legal CFO presents the numbers, walks the partners through realization, collections and cash, and answers questions on a scheduled call.
Law firm KPI and cash-flow reporting
Billable hours and utilization, realization and collection rates, WIP and aged receivables, revenue per attorney and originations, on monthly, quarterly and annual cycles.
A dedicated legal CFO you can reach
One named executive with standing time each month for partner compensation, lateral hiring, rate setting, line-of-credit decisions and contingency cash planning.
Annual tax and structure planning
A yearly review of your PLLC, partnership and holding entities and your tax position, including partner distributions, with access to our return preparation and entity formation teams.
Built for firms going somewhere.
The record in legal
"Our trust accounting is clean, the partners finally agree on the numbers, and I know exactly where the firm stands each month. Cromwell gave us a finance department without hiring one."
100%
US-based team
Who we are
A finance department on
your side of the bar.
Cromwell is an American firm of CPAs, MBAs and tax attorneys based in Jupiter, Florida, and the leading accounting and advisory firm for law firms. Every accountant and CFO on your engagement is US-based, employed by us, and fluent in trust accounting and partnership economics.
100% US-based
Every CPA, accountant and CFO on your firm works in the United States. Nothing is offshored, and nothing client-confidential leaves our office.
CPAs, MBAs, tax attorneys
Tax attorneys sit on our own bench, so trust compliance, partnership agreements and comp structures are read by people who practice.
Twenty years, 400+ companies
Legal is a core practice area, from solo practitioners to multi-office partnerships and contingency practices.
Client review
Answer a few questions to see your firm's price.
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