CosmoLex Pricing, Features, Reviews & Comparison of Alternatives

CosmoLex

Web Based Legal Practice Management & Accounting Software

4.74/5 (287 reviews)

CosmoLex overview

What is CosmoLex?

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
$79/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
CosmoLex screenshot: CosmoLex activitiesCosmoLex Overview VideoCosmoLex screenshot: CosmoLex accountingCosmoLex screenshot: CosmoLex dashboardCosmoLex screenshot: CosmoLex calendar3 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
Eric Davis

Practice Management and Accounting in One

Used daily for 2+ years
Reviewed 2020-03-25
Review Source: Capterra

One of the biggest things Cosmolex has done for us is allow us to bring out bookkeeping in-house. We went through 3 bookkeeping firms in 2 years and spent huge sums of money for our accountants to undo the mess they made. Our first year end with Cosmolex and in-house bookkeeping was a little rough but that was mostly cleaning up past mistakes.

Pros
The product is generally pretty simple to use. Sometimes you will encounter a quirk that makes you wonder "why did they do it like this?" but once you understand the logic behind it you pick up quickly. The software is updated quite regularly.

Cons
They were purchased by Tabs3 about a year ago and the fact that they are not independent is a little concerning.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Jennifer King

Best Attorney Software

Used daily for 1-2 years
Reviewed 2019-12-18
Review Source: Capterra

Great program with easy customer support (even a chat feature). The prior legal platform software we used constantly had issues with an expensive yearly update that was required. Cosmolex is cloud-based so no need for updates. there is no need for an additional bookkeeping program for your office expenses as the program will handle that along with your trust accounting.

Pros
I like that you can handle your everyday office accounting in the same program as your trust accounting. There is no need for a separate program. Our clients love the client portal and they can upload documents directly to the client portal instead of having to bring them into our physical office. Cosmolex keeps each of your client files organized where you can save all of your emails, documents, and share the ones that you need to share with your clients through the client portal.

Cons
We would like to be able to make one bulk deposit at one time instead of having to go through by individual dates and make individual deposits.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Mary Falkner

Impressed by Customer Service

Used daily for less than 6 months
Reviewed 2020-04-09
Review Source: Capterra

Much more intuitive than our previous program.

Pros
I like how easy it is to get help (by phone, email, live chat, or leaving a ticket). I am still in the "learning" phase of using the software, but the customer service team has walked me through each stumbling block and taken time to show me in detail how all the features work. I'm most impressed by how they seem to anticipate my future questions and address those as well as whatever concern I originally contacted them about.

Cons
Nothing yet as far as functionality. Wish the data migration services were more affordable.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Samantha Ellingson

Duped by Cosmolex - Only Cost-Efficient if Solo

Used daily for 1-2 years
Reviewed 2019-09-03
Review Source: Capterra

I initially recommended CosmoLex because even with the lack of integrations, I found it user friendly. And I still would recommend it to solos who know they will never expand because of ease of use. But if you are a solo who aspires to add staff, a larger or growing law firm, or someone who uses an outside accounting firm, I would say to just use Quickbooks. Transferring after a year because CosmoLex decided to jack up the price considerably is such a hassle, and we want to continue to grow without continuing to worry that we'll outgrow CosmoLex's functionality or that the price will continue to unexpectedly go up. Additionally, our accountant struggled with it, and urged the switch to Quickbooks.

Pros
I actually liked this software for the most part in my first year of use. There were a lot of bugs. For instance, the email linking doesn't actually do anything, you have to manually sort and link emails. This is disappointing because it was basically sold to me as something that you could customize by adding rules like emails from x email address should be sorted to x client. But I otherwise found it fairly easy to use and I liked the functionality of invoicing, etc.

Cons
I am giving this a poor review for the following reasons: (1) Cosmolex is really only price-efficient if you are a solo attorney. When I added a staff member and tried to add another timekeeper, I was told my price was going to effectively double!! As a result I am now trying to switch programs which is a huge headache, but the added costs made Quickbooks actually cheaper and Quickbooks has way more integrations and a payroll feature. (Plus you can find email archiving for FREE if you are a small business that takes care of that functionality for Cosmolex.) (2) They were not upfront about the pricing issues. I was told that the reason it cost money to add this timekeeper was because my previous timekeeper had been "grandfathered in" and that I should have learned about this pretty drastic change in an "update section." First, why wouldn't I have received this in an email? Changing the price and price structure of a product should require actual notice! Second, when I chatted someone to find this "update" they could not find it or direct me to it. (3) The lack of integrations (and the integrations they are getting) is really problematic. For instance, they now integrate with Net Documents, which is pretty expensive. For a product that must be targeted almost exclusively to solos as a result of the pricing structure, that doesn't make sense. Why not integrate with Box or Dropbox? And to not have a payroll integration or to work with existing payroll companies is difficult.

Response from CosmoLex


Hi Samantha,
We're sorry to hear that your experience with CosmoLex was poor, but we appreciate your feedback. Please let us know if we can be of any help during your transition process. We regret that our support and training teams were unable to show you our long-standing integrations with Box, DropBox, OneDrive, etc. In regard to our pricing, our customer base ranges from solos to 50-lawyer firms. We respect your opinion and will pass your comments for improvements on to our Client Communications department. We wish you the best.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 0/10

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Shawn Knights

Best Legal Management Software

Used daily for 1-2 years
Reviewed 2020-02-20
Review Source: Capterra

Cosmolex has increased the efficiency of my firm dramatically. From standard client letters to accounting, to tasks, the program has made all aspects of my practice easier. It is easy to learn and efficient.

Pros
Cosmolex is by far the best Legal Management Software on the market. The accounting is superior and specific to the legal industry and the client management options are unmatched.

Cons
There are sometimes delays as information is being entered. It is relatively minor but something I expect they will improve on.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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CosmoLex pricing

Starting from
$79/month
Pricing options
Free trial
Subscription
View Pricing Plans

$79 / User / Month (Billed Annually)

CosmoLex features

API
Activity Dashboard
Billing & Invoicing
Calendar Management
Case Management
Client Portal
Document Management
Document Storage
Expense Tracking

Automatic Notifications (44 other apps)
Client Management (48 other apps)
Collaboration Tools (40 other apps)
Contact Management (46 other apps)
Invoice Management (42 other apps)
Reminders (49 other apps)
Reporting & Statistics (57 other apps)
Search Functionality (64 other apps)
Task Management (61 other apps)
Third Party Integration (51 other apps)
Workflow Management (49 other apps)

Videos and tutorials

Additional information for CosmoLex

Key features of CosmoLex

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