Cabenet vs CosmoLex
Cabenet
cabenet.au
CosmoLex
cosmolex.comSide by side
| Figure | Cabenet | CosmoLex |
|---|---|---|
| Price from | A$40/mo | $49/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| Plans published | 8 | 3 |
| Spec score · Legal Accounting Software | 7.6 (#11) | 8.9 (#3) |
| Spec score · Trust Accounting Software | 7.7 (#27) | 8.9 (#2) |
| Client intake | Integrated practice management includes AI powered consultation questionnaires, online client identity verification, lead management and automated conversion of lead data to a new matter. | Yes |
| Founded | 2001 | 2013 |
| Product | Cabenet provides cloud legal accounting and integrated legal practice management, as well as QBCC construction project trust accounting. | CosmoLex is cloud-based law practice management software combining trust and business accounting, time tracking, billing, email and document management, tasks, and calendaring in one application. |
| Support | Subscriptions include a locally based helpdesk, online training and an online help library with instructions and videos. | Every plan includes onboarding, a knowledge base, group training classes, and support by phone, chat, or email. |
| Trust accounting | Legal accounting includes unlimited trust and controlled monies ledgers, trust to office transfers, reconciliation and statutory month end reporting. | Yes |
Plans
Cabenet
- Legal accounting — 7 or MoreA$40 a month
- Integrated practice management — 7 or moreA$75 a month
- QBCC trust accounting — Add usersA$80 a month
- Legal accounting — Level 1A$90 a month
- Integrated practice management — Level 1A$210 a month
- Legal accounting — Level 2A$240 a month
- QBCC trust accounting — Start nowA$240 a month
- Integrated practice management — Level 2A$450 a month
In their own words
Cabenet
Cabenet is a web-based service combining legal accounting, integrated legal practice management and QBCC construction project trust accounting. Practice-management intake includes AI consultation questionnaires, online identity verification, lead management and conversion of lead data into new matters. AI tools can draft or rewrite documents, insert matter data into emails and documents, and answer questions about matter files. Legal accounting provides unlimited trust and controlled monies ledgers, transfers, reconciliation, statutory month-end reporting, time recording, configurable invoices and financial, billing and fee-earner reports. QBCC accounting includes unlimited Project Trust Account ledgers, a Retention Trust Account cashbook and compliance reporting. Practice management connects with Microsoft 365, OneDrive, SharePoint, Teams, Outlook calendar, email and Outlook To Do. Cabenet was founded in 2001 and says it has continuous national legal profession compliance certification. Data is secured with HTTPS and TLS on cloud servers in Australia. Plans start at A$40 a month for legal accounting (7 or More), ex. GST.
CosmoLex
CosmoLex is cloud-based law practice management software for small and mid-sized firms. It brings matter management, trust and business accounting, time tracking, billing, payments, email and document management, tasks, and calendaring into one application. Emails, tasks, events, documents, billable items, and transactions are attached to their client matter. Each plan includes a secure client portal, and teams can use multiple accounts, role-based permissions, custom workflows, and real-time collaboration. Trust accounting includes three-way reconciliation and audit trails, alongside more than 100 real-time reports. Security provisions include SOC 2 Type 2 certification, encryption in transit and at rest, and SMS two-factor authentication. CosmoLex integrates with services including Microsoft 365, QuickBooks Online, Dropbox, and Zapier; Zapier connects it with over 4,000 applications. It runs on the web, Android, and iOS. Plans start at $49 a month per user. The 10-day trial requires no credit card, but has one bank-feed connection and excludes CRM and LexShare/LexSign add-ons.