CosmoLex is a cloud-based law practice and case management software for attorneys and law firms. Its features include trust and business accounting, time tracking, billing, email and document management, calendar scheduling, and more. In this article, we cover CosmoLex reviews and pricing. Ready to get started? Get a free trial.
Summary of Positive CosmoLex Reviews
Users who gave CosmoLex a positive review said that it is user-friendly and easy to use. Some of them also commended its wide range of features, including trust accounting, billing, calendar, tasks, matter management, and more.
“I’ve used multiple software packages for law firms and I find CosmoLex to be the best. The greatest strength is that within one program, you can handle trust accounts, operating accounts, billing, and record keeping. In all other programs (Time Matters, Clio, Tabs, Legal Files, etc.) you have to use separate programs for accounting and they don’t always integrate well. CosmoLex actually handles everything that the average law firm needs.”
– Chase Wells
Summary of Negative CosmoLex Reviews
Users who gave CosmoLex a negative review found the reporting features to be limited. Others complained that it lacks customization options for invoices and matter-billing templates.
One user who gave CosmoLex a negative review in Capterra said that it could only generate a few reports and doesn’t always include everything that he needs. He also wished he could send invoices to multiple email addresses.
CosmoLex pricing is $69 per user, per month. A discount of $10 per user, per month is applied if the user opts for annual billing. Some of the benefits included within the basic subscription are unlimited training and support, unlimited storage, backups, security, and all future software updates—all at no extra cost.
All accounts include free login for an external accountant or bookkeeper and built-in LawPay (credit card processing system) with no monthly fee.
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Check out the list below of some of CosmoLex’s features:
- Document management
- Time tracking
- Calendar and task scheduling
- Trust (IOLTA) accounting
- Law accounting software
- Billing and payments
- Email management
How can CosmoLex help streamline the bookkeeping process for law firms?
CosmoLex offers bookkeeping and payroll services to help firms focus more on their practice as they no longer need to purchase a separate software for it. A CosmoLex trained bookkeeper may be hired to take care of accounting tasks including reconciliation of bank and credit card accounts, identification of any irregularities in financial statements, and more.
How can CosmoLex simplify a law firm’s billing & payment process?
CosmoLex incorporates a simple billing and payments feature which enables users to generate and send professional-looking invoices. It is specifically designed for lawyers and includes retainer reminders and past-due notices to ensure positive cash inflow. It integrates with the bookkeeping feature to easily track and update cash transactions in real-time.
Here’s a list of some of CosmoLex’s most popular integrations: