CosmoLex vs MatterX

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.

MatterX provides practice management, trust accounting, and legal finance for law firms in Australia and New Zealand. Its Legal Finance suite runs natively on Microsoft Dynamics 365 Business Central and covers client and matter lifecycle management, time entry, diary management, billing, trust accounting, and financial reporting. MatterX describes its trust accounting as NSW Law Society certified, with three-way reconciliation, statutory deposits, controlled money handling, audit trails, dual payment authorisation, and compliance exception alerts. The platform connects with Microsoft services including Outlook, Teams, SharePoint, OneDrive, Power BI, Power Automate, Power Apps, Copilot, and Dataverse. Firms can keep Xero for general accounting and sync it with MatterX matters, billing, and trust accounting. SharePoint document management includes automatic matter folders, version control, full-text search, and granular security. The free Good Minutes plan covers up to five matters. Other plans are tailored by firm size, priced by quote, and month-to-month; MatterX says implementation, training, and data export are included. Frontdesk and Crew AI agents are in preview.