CosmoLex vs TrustBooks
CosmoLex
cosmolex.comTrustBooks
trustbooks.comSide by side
| Figure | CosmoLex | TrustBooks |
|---|---|---|
| Price from | $49/mo | $59/mo |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 3 | 3 |
| Spec score · Trust Accounting Software | 8.9 (#2) | 7.3 (#36) |
| Spec score · Legal Trust Accounting Software | 8.9 (#4) | 7.3 (#34) |
| Spec score · Legal Accounting Software | 8.9 (#3) | 7.3 (#19) |
| Integrations | Official integrations cover Gmail, GSuite, Apple Mail, Yahoo Mail, Outlook, Box, Dropbox, Google Drive, NetDocuments, OneDrive, Google Calendar, Office 365 Calendar, LawPay, and Zapier. | The pricing page lists integrations with PracticePanther, bank accounts, LawPay, and Clio. |
| Support | Every plan includes onboarding, a knowledge base, group training classes, and support by phone, chat, or email. | TrustBooks offers support by email and phone, and its legal accounting team can help with data entry, onboarding, and reconciliation projects. |
| Trust Compliance | Trust accounting includes three-way reconciliation and detailed audit trails. | The software automatically generates three-way trust reconciliations and prevents client balances from going negative. |
Plans
TrustBooks
- TIER ONE — Trust Accounting$59 a month
- TIER TWO — Firm & Trust Accounting$79 a month
- TIER THREE — Bank Reconciliation Services$249 a month
In their own words
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.
TrustBooks
TrustBooks has no write-up on Specifiction yet; its figures are above.