CosmoLex is a cloud-based legal management solution that offers features including time tracking, billing, trust accounting, task and document management.
The solution connects all modules so that users do not have to enter information into multiple systems or clean up errors due to double entry. CosmoLex is a modular solution that allows users to synchronize and replicant information between multiple modules in real-time.
The CosmoLex’s legal time and billing module helps in managing batch processing invoices, past due notices and more. It also helps to capture all billable activities and manage them by creating customizable invoices and overdue invoice notices.
CosmoLex offers trust (IOLTA) accounting functions that help users to manage client funds, print checks, deposit slips and bank statements. The activity log keeps information on past reconciliations and generate three-way reconciliation reports on a monthly basis.
The solution can integrate with Dropbox, Google Drive and NetDocs. It is priced on per month per user basis. Support is available via phone and email.
Eric D. Branche: Anwaltskanzlei Mitarbeiteranzahl: 2-10 Mitarbeiter
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.
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.
They were purchased by Tabs3 about a year ago and the fact that they are not independent is a little concerning.
Jennifer K. Branche: Anwaltskanzlei Mitarbeiteranzahl: 2-10 Mitarbeiter
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.
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.
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.
Morgan S. Branche: Rechtsberatung Mitarbeiteranzahl: 2-10 Mitarbeiter
We are a two attorney firm with one paralegal. We chose Cosmolex for the trust accounting feature. We were looking for a program that could do it all - keep the books and manage the cases.
I love the billing and trust accounting features. Cosmolex really shines with maintaining the operating and trust accounts separately as well as generating invoices for our billable work.
The software is cumbersome, taking several clicks to get to information. The features I need most on the case management side are contacts and notes. The contacts drive me nuts! If I'm in Bob Jones' case, I want to see a list of all the other people involved such as other attorneys, witnesses, or other relevant parties. With Cosmolex, one has to go to a separate contacts page and link them rather than entering the information directly into the matter. The note taking feature is improving now that more characters are allowed, but it still leaves much to be desired for those who are answering client calls and wanting to log the information right away. It seems like it would be fine for a transactional practice but it's less than ideal for litigation.
I've used Amicus in the past for personal injury cases and a program called Case Advantage for workers' compensation cases. In Amicus I couldn't search the notes without cut and pasting them into a Word document, but I found the contacts so much easier to manipulate and enter, especially in cases where there are many players. I often need a list of medical providers and Cosmolex doesn't make that listing very easy to create. We will definitely be keeping Cosmolex for its awesome accounting, but I'm working on convincing my law partner to invest in another software for case management.
Antwort: CosmoLex 11.7.2016
I am sorry to hear that while you love the billing & accounting functions of CosmoLex, you are not as thrilled with our case management functions. Specifically, it seems like a lot of your suggestions have to do with our contact management functions . If possible, we'd love to take few minutes of your time offline to go over your specific observations and improvement ideas. Also, we can update you on many of the new features and improvements which are currently in the works. At CosmoLex, our sole focus is to provide our clients with a better product each month and your assistance would be greatly appreciated.
Manager, Client Services Dept.
Hannah K. Branche: Anwaltskanzlei Mitarbeiteranzahl: 11-50 Mitarbeiter
Its very easy to use. Great cloud platform
Seems to be some gaps in report types. There could be better ways to move things around/entering things.
Shawn K. Branche: Anwaltskanzlei Mitarbeiteranzahl: 2-10 Mitarbeiter
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.
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.
There are sometimes delays as information is being entered. It is relatively minor but something I expect they will improve on.