CosmoLex
4.3
633

Not Claimed

CosmoLex is a complete practice management solution that includes time & billing features and built-in business and trust accounting. It is easy to use and generates financial reports and business analytics.
Developer
CosmoLex
Suitable for enterprise
Personal、SMEs、Enterprises
HQ Location
Monmouth Junction, NJ
Year Founded
2013
Number of Employees
38
Strengths
  • All-in-one solution

    Combines legal practice management, billing, and accounting in one platform

  • Cloud-based

    Accessible from anywhere with internet connection

  • Compliance-focused

    Designed specifically for law firms to ensure compliance with legal accounting rules

Weaknesses
  • Limited integrations

    Does not integrate with as many third-party apps as some competitors

  • Steep learning curve

    May take some time for users to fully understand and utilize all features

  • Higher price point

    More expensive than some other legal practice management software options

Opportunities
  • Could increase market share by adding more integrations with popular third-party apps
  • Could expand into international markets to increase customer base
  • Could attract more customers by adding additional features to the platform
Threats
  • More legal practice management software options entering the market
  • A recession could lead to decreased demand for legal services and software
  • Changes in legal accounting rules could require significant updates to the platform

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Review Distribution

  • 👍
    High - rated users

    The accounting software is integrated.Cannot create word documents or any documents within the software.

  • 👎
    Low - rated users

    Time-keeping for billing, accounting software similar to Quickbooks with an automatic feed into accounts, and email archiving/practice management.Accounting system is a joke. Bank-feed regularly stops syncing with no notification. Need to manually save emails. Customer service has been consistently terrible. Changes promised but not delivered.

Media

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CosmoLex Plan

CosmoLex offers a cloud-based legal practice management software with pricing starting at $49/month per user, including accounting and billing features.
Annual Plan $ 89 1 User Per Month
(Billed Annually) Free Login for External Accountant or Bookkeeper Built-in Payment Processing with No Monthly Fee Free Unlimited Support Data Migration Assistance Free Unlimited Data Storage
Month-to-Month $ 99 1 User Per Month
(Billed Monthly) Free Login for External Accountant or Bookkeeper Built-in Payment Processing with No Monthly Fee Free Unlimited Support Data Migration Assistance Free Unlimited Data Storage
Free Trial $ Free Trial 1 User
Try CosmoLex Free for 10 Days Includes all features
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