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View our legal accounting solution features
Legal accounting built in, not bolted on
Ledger balances
One licence, both accountsCompliance controls
Awaiting authorisation
Comprehensive reporting suite to manage law firm financials
Access an extensive financial and management report template library and a built-in report builder so you can view the data you need on a daily basis.
Business and client financial report templates include:
- Profit & Loss
- Balance Sheet
- VAT Returns
- Aged Debtors
- Unpaid Bills
- Cost Transfers
- Client Funds Movements and more
Legal Accounting Software for UK SME Law Firms
Osprey Approach is an all-in-one legal software that combines case, practice, and client management with legal accounting — helping your firm operate efficiently, profitably, and exceed client expectations. Explore our software solutions below.
Osprey Approach is legal case management software that helps law firms keep cases, clients, and documents in one place – from first enquiry to completion.
Features of our legal case management solution include:
✓ Automated workflows
✓ Document management
✓ Legal form creation
✓ Time recording
✓ Integrations
Osprey Approach’s legal practice management software that helps law firms streamline operations, improve compliance, and gain complete visibility over firm performance
Features of our legal practice management solution include:
✓ Compliance management
✓ Reporting & business intelligence
✓ Third-party portal
✓ Cloud-based access
Osprey Approach’s legal accounting software that helps law firms manage office and client accounts, streamline billing, and stay compliant — all from one integrated platform.
Features of our legal accounting solution include:
✓ Osprey Analytics & financial reporting
✓ Compliance management
✓ Office accounting
✓ SRA & HMRC compliance
5Osprey Approach’s legal client management software that helps law firms deliver exceptional client service, streamline onboarding, and improve collaboration – from initial enquiry through to case completion.
Features of our legal client management solution include:
✓ Client onboarding
✓ Client portal
✓ Enquiry management
✓ Legal CRM
Legal accounting resources
Building a Financially Resilient Law Firm: Insights from Tom Blandford
Tom Blandford, owner of Sursum Advisory and legal financial expert, shares his expertise on understanding financial data, managing cash flow, and preparing for future challenges.
Find Out More
How to be SRA Accounts Rules compliant part 2: 6 ways Osprey can help law firms manage client residual balances
Managing client residual balances is essential for compliance with the SRA Accounts Rules. Osprey Approach provides law firms with integrated tools to streamline processes, automate tasks, and maintain accurate records, ensuring no balance goes unnoticed. Explore how Osprey simplifies compliance management.
Find Out More
How to be SRA compliant part 1: a guide to the SRA transparency rules
Ensure your law firm stays compliant with the SRA Transparency Rules. This guide covers essential requirements, including costs, complaints, publication, and regulatory information, to help you meet the standards effectively.
Find Out More- What is legal accounting software?
Legal accounting software is a digital solution for managing a law firm’s finances including billing and invoicing clients. A specialised accounting software for legal professionals will enable you to effectively manage both your office and client accounts, aid SRA compliance, connected to HMRC for MTD, manage disbursements, bank reconciliations and offer financial reporting. Osprey Approach is an end-to-end practice and case management solution that includes a fully integrated, specialised legal accounting software so you can be confident your finances are streamlined and accurate.
- Why should I use legal accounting software?
Law firms should use legal accounting software because it provides them with the correct tools to effectively manage their business and client accounts, ensuring they stay complaint. There are a variety of accounting software solutions on the market but typically they’re not created for law firms or specialise in legal accounting. Therefore, these products may not handle or consider the more complex needs of law firms and the regulations and compliance requirements you need to follow. This is why we recommend law firms choose a solution that is designed for law firms and is fully integrated with a practice management solution.
- Is Osprey SRA and HMRC compliant?
Osprey provides firms of all sizes with the features and functionality to successfully meet SRA requirements and best practices which will help firms become SRA compliant. You can find out more about the compliance features, functionality and workflows here. Osprey is also an approved MTD software supplier which ensures you can digitally submit your VAT returns through Osprey in the HMRC MTD portal.
- Do you provide business and client financial reports?
Osprey Approach includes a variety of reports for both business and client financials, including other various firm-wide reports which provides firm’s with a 360-degree visibility of their performance. Osprey also includes the report writer tool so you’re able to build your own reports using the data you hold in Osprey. For further insight and advanced reporting we also provide business intelligence tools that enable you to create interactive and intuitive dashboards that are configurable and customisable to your firm’s needs.
- Do you integrate with QuickBooks or Xero?
Osprey Approach is a complete, end-to-end practice management solution that includes everything you need to effectively manage your firm, clients, cases and finances. Osprey includes fully integrated legal accounting software which means you don’t need to purchase additional accounting software to use with Osprey Approach. This is why we don’t integrate with other accounting packages because the features within Osprey are designed specifically for law firms, aid SRA compliance and have everything you need to manage your business and client accounts.
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