CosmoLex Pricing, Features, Reviews & Comparison of Alternatives

CosmoLex

Web Based Legal Practice Management & Accounting Software

4.74/5 (155 reviews)

CosmoLex overview

CosmoLex is the ONLY total solution that includes billing, practice management AND compliant law office accounting (No QuickBooks Needed). CosmoLex’s One Price - One Login system ends the daily struggle of using a hodgepodge of practice management, billing and accounting systems forever. CosmoLex even has built-in LawPay with no fixed monthly fee. Learn why 1000s of law firms have switched to CosmoLex. Try CosmoLex free today!
www.cosmolex.com

Pricing

Starting from
$59/month
Pricing options
Free trial
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
CosmoLex screenshotCosmoLex Overview VideoCosmoLex screenshotCosmoLex screenshotCosmoLex screenshot3 Big Problems of Separate Legal Billing & Accounting Systems

CosmoLex reviews

Value for money
Features
Ease of use
Customer support
  4.7
  4.4
  4.6
  4.8
Ana Gregory

Cosmolex Review

Used daily for less than 6 months
Reviewed 2016-07-18
Review Source: Capterra

I became a Cosmolex customer after being a customer of another practice management system and a customer of a widely known accounting software. My law practice incorporates general practice areas ranging from real estate/title agency, personal injury, litigation, family law, to probate and estate planning. With a variety of practice areas such as my firm, the challenges of practice management are complex because each area of the law has its own set of individual policies and procedures. The program I was using didn't capture my time spent on cases, nor created a detailed bill for my clients' review that completely captured all of the work my staff and I performed on their case. Cosmolex produces an invoice for the client that justifies my legal fee, which is essential to client satisfaction, and critical for ethical compliance purposes for cases that are accepted on a retainer or hourly basis. Not only do I earn more money because I'm able to quickly track time and expenses, but I also deliver a better product. Less time is spent telling my client what I did on their case but instead, allows me to focus on the particular legal matter the client hired me to solve. Further, the biggest hurdle to launching a successful law firm (I've only had my own law firm for seven months), is bookkeeping, and I have an in-house, nearly full-time bookkeeper which is also an accountant and is even qualified as an expert in a common accounting software system. However, with all of that knowledge and expertise, so much of my time was spent on accounting, and now it's spent on practicing law and a deeper concentration on my cases. This was not and could not have been possible with other accounting software systems on the market. Trust me, I tried them, and they only created problems. The other systems in the market (even those that are tailored for law firms) simply make the law firm work for the system, and not the system work for the law firm. Cosmolex is comprehensive. It takes care of the daily task delegation, case progress, and time tracking, accounting, employee performance, and reports. My experience has been an eye-opening one. My experience is mostly a relief because without Cosmolex I would still be living in the dark-ages of unproductivity and frustration. Ease of use, the simplicity of timecards, layout/design, price, functionality across multiple practice areas, ethical compliance considerations, cyber security protection, and mobility.

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Michele Benkiran

Overall Review of Product- Our THoughts

Used daily for 2+ years
Reviewed 2017-03-26
Review Source: Capterra

Pros: One program for almost everything. Cons: No document assembly; you can only link one person to the client portal; glitches in program- the program emailed an invoice to the wrong person; can not email through program; glitch- I had to give access to everyone for everything because the limited access features did not work; customer service is not the best; calandar portion has glitches when it interfaces with gmail and office 365.It is a comprehensive software. Its like having Quickbooks and a practice management program in one. This is the best feature.

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Lynda Weeden

The staff is really helpful and friendly.

Used daily for 1-2 years
Reviewed 2017-07-12
Review Source: Capterra

Three software packages for billing, client accounting and back-end was TOO MUCH!Everything was in one place. I didn't have to generate bills in one package, enter them in another for tracking income, and then pay them in two places as well. It is also great to be able to write a cost check in a case and have the expense "attached" to the client's accounting file/bill in a seamless matter with just an additional click or two. We were promised an easy migration with all the support we needed, and that is what the team at Cosmolex delivered! Our accountant was also able to access the system for his end of the year work and add all of his journal entires and such and close out the books quickly and easily. The ability for us to generate P&L reports and other important accounting documents literally on demand is also pretty awesome. But the best part about Cosmolex, by far, is their incredible support team. They have never been stumped, and I've done my best to do just that! Every time I have a question, I get a prompt and complete answer, generally by phone, from one of their support staff who know me and my firm on a first-name basis. I don't think I could be nearly as effective in a dual-role position without this software!

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Marc Cumbo

This is a time and money saver for any firm.

Used daily for 6-12 months
Reviewed 2017-08-09
Review Source: Capterra

I was looking for a complete solution to my practice management and accounting needs.I tried various other platforms including PCLaw and Clio, but they lacked in usability or functionality compared to CosmoLex. PCLaw is outdated, slow and not cloud based, while Clio lacks firm accounting functionality and though they advertise quickbooks syncing, there are major issues with the syncing that requires a great deal of work by the end user. CosmoLex is able to do virtually everything Clio can do with respect to practice management and even has a few unique features. However, where CosmoLex really shines is with its built in accounting system. As a Canadian Lawyer we require certain functionality that our American counterparts do not and CosmoLex has done a great job of meeting our needs. CosmoLex can properly deal with our HST/GST/PST issues and payments as well as offer us accrual based accounting as we are required to use by law. There is NO other cloud based platform with an all-in-one solution for Canadian Lawyers. This is a time and money saver for any firm.

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Laura Oldenburg

It is easy to get around the program

Used daily for less than 6 months
Reviewed 2017-07-07
Review Source: Capterra

I like that it is easy to get around the program and many things are self-explanatory. I also appreciate the tutorials that are available.

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CosmoLex pricing

Starting from
$59/month
Pricing options
Free trial
Subscription
View Pricing Plans

$59 / User / Month

CosmoLex features

API
Accounting Integration
Activity Dashboard
Activity Tracking
Billing & Invoicing
Calendar Management
Client Portal
Document Storage

Automatic Notifications (74 other apps)
Automatic Reminders (68 other apps)
Customizable Reporting (63 other apps)
Drag & Drop Interface (53 other apps)
Electronic Payments (58 other apps)
Inventory Management (66 other apps)
Inventory Tracking (56 other apps)
Invoice Management (87 other apps)
Quote Management (54 other apps)
Reporting & Statistics (96 other apps)
Search Functionality (59 other apps)
Third Party Integration (71 other apps)

Additional information for CosmoLex

Key features of CosmoLex

  • Batch Generate Invoices
  • 100% Integrated Trust Accounting
  • Unlimited Data Storage
  • Encrypted Data, Auto Backup
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Benefits

Five Ways CosmoLex Will Raise the Bar at Your Firm:

1. Total Solution. CosmoLex lets you manage your entire practice in one login. No more fiddling with multiple incompatible programs, failed imports, duplicate data entry.

2. Improved Cash Flow. Automated time & expense tracking, a “money finder” to spot unbilled items, one-click batch billing, automated reminder notices, and built-in, end-to-end credit card payment processing all work to bring money in the door faster..

3. Full-service Legal Business Accounting. Eliminate the endless hassles of trying to customize your general accounting software. CosmoLex’s built-in, fully integrated Accounting keeps your firm’s books current & compliant.

4. Always “Audit-Ready”. Built-in attorney Trust (IOLTA) Accounting, electronic bank data feeds, and one-click, 3-way bank reconciliations keep your trust accounts spotless..

5. Business Process Management. With practice management, billing, and accounting under one roof, CosmoLex helps you keep a pulse on your entire practice by providing dozens of performance data and financial management reports -- all on your dashboard.