Best Trust Accounting Software in 2026
Updated
In short: CosmoLex is ranked #1 of 41 as of 7 October 2026, ahead of LeanLaw and MyCase Legal Accounting. The best-ranked option with a free plan is LegalClaw. The lowest first paid tier on this page is uLawPractice at C$4.92/mo.
Trust accounting software brings financial records and controls tied to legal matters into focus. Compare bank reconciliation with three-way reconciliation, and check which trust ledger types and compliance reports each option specifies. Disbursement approvals and matter limits can help you assess workflow fit; free-plan availability and paid-from pricing add cost context. CosmoLex, LeanLaw, and MyCase Legal Accounting are among the options shown, alongside Smokeball and Clio Accounting. Weigh the listed controls, records, and costs against your practice’s accounting needs without assuming every firm needs the same features.
41 trust accounting software ranked on what their makers publish — plans and prices, free tiers, platforms and the facts on their own pages.
41ranked
3free plans on this page
C$4.92/molowest paid tier
7 Oct 2026last checked
Input list Trust Accounting Software 25 channels on this page · 65 of 200 spec lines stated by the makers
Ch Tool Free planPaid fromThree-way reconciliationTrust ledger typesBank reconciliationDisbursement approvalsCompliance reportsMatter limit Spec sheet Score
01 CosmoLex Free planNoPaid from49/user/moThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 2/8spec lines stated 7.2
02 LeanLaw Free planNoPaid from55/user/moThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 2/8spec lines stated 7.2
03 MyCase Legal Accounting Free planNoPaid from39/user/moThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 5/8spec lines stated 7.2
04 Smokeball Free planNoPaid fromnot statedThree-way reconciliationYesTrust ledger typesindividualBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 5/8spec lines stated 7.1
05 LegalClaw Free planYesPaid fromnot statedThree-way reconciliationYesTrust ledger typesindividualBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 5/8spec lines stated 7.0
06 MatterX Free planYesPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsYesCompliance reportsYesMatter limit5 matters 6/8spec lines stated 7.0
07 Clio Accounting Free planNoPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 4/8spec lines stated 6.9
08 LexNebulis Free planYesPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 2/8spec lines stated 6.8
09 uLawPractice Free planNoPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 3/8spec lines stated 6.8
10 GhostPractice Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 1/8spec lines stated 6.7
11 Open Practice Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 0/8spec lines stated 6.7
12 Actionstep Free planNoPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 1/8spec lines stated 6.6
13 AcuminEvolution by Dexco Free planNoPaid from40/user/moThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 4/8spec lines stated 6.6
14 Affinity Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 2/8spec lines stated 6.6
15 LawAOS Free planNoPaid from29/user/moThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 4/8spec lines stated 6.6
16 LEAP Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesbothBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 3/8spec lines stated 6.6
17 Unity Accounting Free planNoPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 4/8spec lines stated 6.6
18 Brief Accounting Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limitnot stated 2/8spec lines stated 6.5
19 IOLTA Guard Free planNoPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 2/8spec lines stated 6.5
20 IOLTATrusts Free planNoPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationYesDisbursement approvalsnot statedCompliance reportsYesMatter limit50 matters 5/8spec lines stated 6.5
21 LawPractica Free planNoPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 1/8spec lines stated 6.5
22 TrustBooks Free planNoPaid fromnot statedThree-way reconciliationYesTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 2/8spec lines stated 6.4
23 Cassandra Legal Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 0/8spec lines stated 6.3
24 BHL Insight Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 0/8spec lines stated 6.1
25 PCLaw Free plannot statedPaid fromnot statedThree-way reconciliationnot statedTrust ledger typesnot statedBank reconciliationnot statedDisbursement approvalsnot statedCompliance reportsnot statedMatter limitnot stated 0/8spec lines stated 6.1
Compare all 25 in a table
| # | Tool | Score | Free plan | From | Free plan | Paid from | Three-way reconciliation | Trust ledger types |
|---|---|---|---|---|---|---|---|---|
| 1 | CosmoLex | 7.2 | No | $49/mo | No | 49 /user/mo | — | — |
| 2 | LeanLaw | 7.2 | No | $55/mo | No | 55 /user/mo | — | — |
| 3 | MyCase Legal Accounting | 7.2 | No | $39/mo | No | 39 /user/mo | Yes | — |
| 4 | Smokeball | 7.1 | No | $59/mo | No | — | Yes | individual |
| 5 | LegalClaw | 7.0 | Free plan | Free | Yes | — | Yes | individual |
| 6 | MatterX | 7.0 | Free plan | Free | Yes | — | Yes | — |
| 7 | Clio Accounting | 6.9 | No | $49/mo | No | — | Yes | — |
| 8 | LexNebulis | 6.8 | Free plan | Free | Yes | — | Yes | — |
| 9 | uLawPractice | 6.8 | No | C$4.92/mo | No | — | — | — |
| 10 | GhostPractice | 6.7 | No | — | — | — | — | — |
| 11 | Open Practice | 6.7 | No | — | — | — | — | — |
| 12 | Actionstep | 6.6 | No | — | No | — | — | — |
| 13 | AcuminEvolution by Dexco | 6.6 | No | $156/mo | No | 40 /user/mo | — | — |
| 14 | Affinity | 6.6 | No | — | — | — | — | — |
| 15 | LawAOS | 6.6 | No | $29/mo | No | 29 /user/mo | Yes | — |
| 16 | LEAP | 6.6 | No | — | — | — | — | both |
| 17 | Unity Accounting | 6.6 | No | — | No | — | Yes | — |
| 18 | Brief Accounting | 6.5 | No | $30/mo | — | — | — | — |
| 19 | IOLTA Guard | 6.5 | No | $99/mo | No | — | Yes | — |
| 20 | IOLTATrusts | 6.5 | No | $19.99/mo | No | — | Yes | — |
| 21 | LawPractica | 6.5 | No | C$10/mo | No | — | — | — |
| 22 | TrustBooks | 6.4 | No | $59/mo | No | — | Yes | — |
| 23 | Cassandra Legal | 6.3 | No | A$129/mo | — | — | — | — |
| 24 | BHL Insight | 6.1 | No | — | — | — | — | — |
| 25 | PCLaw | 6.1 | No | — | — | — | — | — |
Is your tool on this list?
Numbered spots on this list can be sponsored, and a sponsored row is labelled as paid.
Questions about this list
Which trust accounting software is ranked first on Specifiction?
CosmoLex is ranked #1 of 41 with a score of 7.2. LeanLaw is second and MyCase Legal Accounting third.
How many of these have a free plan?
3 of the 25 on this page publish a free plan on their own pricing pages.
Which is the cheapest paid option?
On this page, uLawPractice has the lowest first paid tier we found: C$4.92/mo.
How is this list ranked?
Ranked on what each maker publishes, the fullest spec sheet first: how deeply the product is documented, the platforms it runs on, a free tier or trial to test it, and its standing.
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