An application for macOS 10.10+ called Preset Brewery makes it possible to convert Lightroom presets into Camera Raw presets for use in Photoshop by simply dragging and dropping them—it really doesn't get any simpler than that.

Preset Brewery was recently updated to version 1.1, which adds support for exporting the presets directly into Camera Raw so that they're immediately available; however, the option remains to save the converted presets into the folder where the Lightroom presets are located.

Preset Brewery was created by developer Adam Bardon, who tells Fstoppers that a future update will add support for batch processing presets. Unfortunately, the application is not available for Windows, but Mac users can purchase Preset Brewery through the company's website for $7.90 USD.