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CosmoLex Reviews & Product Details

WY
Partner
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

Easy to customize and great resource for starting new company. Online and phone support is excellent. Easy to bill. Allocation of income and expenses between attorney is easy and a must for small firms. Client portal and chat are great tools. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

Hard credit card costs are very frustrating to reconcile because charge dates rarely match cost entry. Wish was a way to pick actual charges that match a out entry. That would save hours! Same for deposits to checking account banks. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

The biggest problem solved is confidential and secure communication with the clients using portal and chat. The connection with NetDocs makes this easy! Saves time and clients love it. Review collected by and hosted on G2.com.

CosmoLex Overview

What is CosmoLex?

If you're searching for a single solution that can simplify your law practice in every way from client intake to payment processing, then CosmoLex is your answer. CosmoLex is the only complete practice management solution that includes not only robust practice management but also comprehensive time & billing features and built-in business and trust accounting -- No QuickBooks Required! CosmoLex is simple enough to use from day one and comprehensive enough to generate the financial reports and business analytics you need to grow your practice for the future. Learn more at www.cosmolex.com

CosmoLex Details
Product Website
Languages Supported
English
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Product Description

CosmoLex is cloud-based law practice management software that includes billing, trust (IOLTA) accounting, calendaring & task management.

How do you position yourself against your competitors?

CosmoLex is a true, fully-integrated practice management system with built-in trust accounting and comprehensive reporting to keep your law practice compliant.


Seller Details
Company Website
Year Founded
2020
HQ Location
Knoxville, US
Twitter
@ProfitSolv
14 Twitter followers
LinkedIn® Page
www.linkedin.com
120 employees on LinkedIn®
Description

ProfitSolv is a comprehensive suite of billing, payments, and software solutions for legal, accounting, and other professional services firms including consulting, architecture, and engineering. Utilizing a product-centric and customer-first approach, ProfitSolv helps firms offer better client service while increasing their efficiency, productivity and revenue. These powerful, easy-to-use solutions enable firms to increase their billable time, get paid faster, automate invoicing and payments, integrate systems, go paperless, and more. ProfitSolv’s practice management capabilities allow professionals to run their business more effectively through easily accessible insights and streamlined processes. The portfolio of products boasts on-premise software, as well as cloud-based and mobile features that are available across devices and supported by award-winning customer service based in the United States.


Erica B.
EB
Overview Provided by:
Director of Strategic Communications at CosmoLex

Recent CosmoLex Reviews

Norman L.
NL
Norman L.Small-Business (50 or fewer emp.)
5.0 out of 5
"The Best Program I've used for my sole practice"
I like the auto features included. The sync with my bank accts and auto-generated LSO reports are a godsend. It has saved my practice from the begi...
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Strong on bookkeeping and time docketing"
Superior customer service. Straightforward bookkeeping, accounting and time docketing. Company is responsive and always improving the program.
Jonathan D.
JD
Jonathan D.Small-Business (50 or fewer emp.)
4.5 out of 5
"Cloud based software - available when you need it, where you need, it."
Reports are good and way less buggy than other platforms.
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CosmoLex Media

CosmoLex Demo - CosmoLex Dashboard
CosmoLex Dashboard
CosmoLex Demo - CosmoLex Firm Calendar
CosmoLex Firm Calendar
CosmoLex Demo - CosmoLex Chart of Accounts
CosmoLex's customizeable Chart of Accounts
CosmoLex Demo - CosmoLex Matter Landing Page
CosmoLex Matter Landing Page
CosmoLex Demo - CosmoLex Reports - Profit & Loss Statement
CosmoLex Reports - Profit & Loss Statement
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Have you used CosmoLex before?
Yes

304 out of 305 Total Reviews for CosmoLex

4.2 out of 5
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304 out of 305 Total Reviews for CosmoLex
4.2 out of 5
304 out of 305 Total Reviews for CosmoLex
4.2 out of 5

Overall Review Sentiment for CosmoLexQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Norman L.
NL
Sole Legal Practitioner
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about CosmoLex?

I like the auto features included. The sync with my bank accts and auto-generated LSO reports are a godsend. It has saved my practice from the beginning and put me on a good path. I love the macros options to create your own documents automatically pulling in the client info, etc. I don't have to re-invent the wheel each time. Overall this program has saved me time and money. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

No sync option w/ phone calls on android. To have the option to pull client phone calls into matters via sync option with the phone would be amazing and such a time saver/money maker. Review collected by and hosted on G2.com.

Recommendations to others considering CosmoLex:

You should switch immediately to Cosmolex. It's the future of legal software in my opinion. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

Solving time management. Less wasted time by the features available. I can upload template letters with the cosmolex macro fields and never have to type from scratch again. I am learning how to adapt this feature to my residential real estate practice. I am so happy with this product. Review collected by and hosted on G2.com.

Verified User in Legal Services
UL
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

What I like best about CosmoLex is how easy it is to use and implement in our office. I also like how accessible it is from anywhere. Whether you're at the office or on the go, it allows you to work seamlessly from your computer, making it incredibly convenient for managing your practice no matter where you are. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

The program glitches from time to time, which can be inconvenient. Additionally, you can't access documents from files on the app when using your phone, which limits its functionality when you're away from your computer. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

As a lawyer, it helps keep everything in one place – from time tracking and billing to managing client documents and trust accounting. This is a huge benefit for me because it streamlines administrative tasks, allowing me to focus more on my cases and clients. Review collected by and hosted on G2.com.

Jonathan D.
JD
Lawyer (Founding Partner &amp; CFO)
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about CosmoLex?

Reports are good and way less buggy than other platforms. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

The per user fees aren't cheap but it's worth the cost. Review collected by and hosted on G2.com.

Recommendations to others considering CosmoLex:

A cloud based system has major advantages. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

Much easier to manage trust records, payments, receivables, etc. Review collected by and hosted on G2.com.

Verified User in Law Practice
UL
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

Superior customer service. Straightforward bookkeeping, accounting and time docketing. Company is responsive and always improving the program. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

Too many options and steps for entering client names and contacts. Client portal is not as functional as other file sharing programs. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

Online accounting and practice management is simply the best and makes it easy to stay up to date with docketing. Review collected by and hosted on G2.com.

Verified User in Law Practice
UL
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

Very much common sense and intuitive with the interface - it actually makes legal accounting enjoyable. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

There is nothing that I dislike about CosmoLex. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

It allows me as a sole-practitioner to do my own docketing, billing, running reports, etc., with easy to use features. Review collected by and hosted on G2.com.

Josiah T.
JT
Legal Assistant
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

Task and practice management. It allows me to standardise how I work on files Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

It's very slow. It regularly freezes, especially when contacting customer support Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

Practice management Review collected by and hosted on G2.com.

Verified User in Law Practice
AL
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

All-in-one solution software that is solid, robust and full-featured. We were looking for an alternative to both PcLaw (Accounting) and Amicus Attorney (CRM, file management and document assembly). Cosmolex replaced them both and more. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

Reporting options and reporting formatting need improvement; Otherwise, not much to dislike; a few quirks (default tabs that I wish I could change, a little bit more intuitive way to bill multiple parties or different parties in a matter, allocating a single time entry to multiple lawyers). But those are tolerable (and in our experience, likely to be remedied) in light of overall functionality and performance. Review collected by and hosted on G2.com.

Recommendations to others considering CosmoLex:

Take the leap - converting from another application can be daunting and stressful, but the crew at Cosmolex will walk you through that process and make it as stress-free as possible. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

Cosmolex has allowed us to bring on new staff with minimal training (the program is intuitive and fairly easy to learn); Integration with LawPay has transformed our billing process and reduced our accounts receivable. Review collected by and hosted on G2.com.

Chris S.
CS
Principal Owner
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about CosmoLex?

Helps me to keep track of my accounting and time I need to go to court. Email integration with clients and calendar integration. It is a great way to send my client invoices and request documents. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

no legal writing aspect so that it can help autofill my briefs and have briefs ready to go. Also if there was a portal that could allow contracts and payment together that would be great Review collected by and hosted on G2.com.

Recommendations to others considering CosmoLex:

Great software to for almost any practice. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

Advanced billing and time tracking also a great place to store client files and information that is available right on your phone. Billing is great too in that I can both email and mail my clients bills. Review collected by and hosted on G2.com.

MR
Bookkeeper
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about CosmoLex?

I like that I can record time and disbursements without having to make an invoice right away.

I also really like, that if I have a problem I can easily search for help in the help center or talk to someone on the live chat.

I like the setup of everything. Bank Reconciliations are so easy and I like the layout. I like that I can create a deposit slip. I like the accounts payable and being able to save recurring bills.

I like that you can search the program so well for things; check amounts, client names, etc. I like the whole printing check layout. I like that I can still work in Cosmolex while my report is generated. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

I dislike the random glitches...

The client file is all balanced but the generated report says an outstanding $0.01

When posting accounts there's a $0.01 glitch, so sometimes we have to do a discount of $0.01

Sometimes it is hard to delete a duplicate client. It'll say "Something went wrong" and then I can't delete that duplicate client at all. The same thing happens sometimes to delete a Chart of Accounts.

I wish there was a way to avoid duplicates or amalgamate clients together.

I wish when you're in all matters and working on an individual file when you go back... I wish it would go back and be on the file you're working on. For example, I'm posting an account, then depositing money but oops there's no trust account attached to the file. I have to go back to All Matters and search the file I was working on. Review collected by and hosted on G2.com.

Recommendations to others considering CosmoLex:

Just try it out, I'm sure you're going to like it. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

I had a really big problem that kept happening to me when I was generating some reports on random files, however, the engineers fixed it. They were extremely helpful and kind. I haven't had the problem happen again. Review collected by and hosted on G2.com.

Verified User in Law Practice
UL
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about CosmoLex?

It keeps track of the file numbers and automatically assigns the correct number to clients that have multiple files. Review collected by and hosted on G2.com.

What do you dislike about CosmoLex?

It is an administrative assistant's nightmare - the calendar is the worst. It does not allow an administrative assistant to see appointments made by others. The program forces administrative assistants to work for it rather than the program working for the administrative assistants. It is slow and convoluted - there shouldn't be 3 different locations I have to remember to enter a simple disbursement based on what type of disbursement it is. Constantly having to edit profiles because the system rearranges names to its liking, not as we need them. My god, the system is SLOW, CLUNKY, and FRUSTRATING. Review collected by and hosted on G2.com.

What problems is CosmoLex solving and how is that benefiting you?

None, when first installed, help was somewhat good, but as time passed, assistance became less and less useful. Staff are helpful but never seem to grasp what isn't working. When the energy is expended to push a solution, the response is SLOW. If the solution needs tweaking, we have given up on getting that tweak because it takes so long to do. Review collected by and hosted on G2.com.