CosmoLex Brings First Cloud-Based Legal Billing System with Fully Integrated Trust Accounting to Legal Professionals

Legal billing and trust accounting system designed to simplify daily administrative tasks for solo and small law firms to officially launch at ABA TECHSHOW 2014   NORTH BRUNSWICK, NJ – March 25, 2014 –CosmoLex, a cloud-based legal billing and trust accounting software, today announced it will officially launch the company’s flagship product at ABA TECHSHOW 2014, which will be held … Read More

Paperless Time And Billing Software For Lawyers Saves More Than Just Trees

Your law office is probably far less dependent on paper records than a practice would have been twenty or even ten years ago. Some attorneys, and not just the older ones, are resistant to let go of paper records and convert to attorney time and billing software. There is something visceral and comforting about holding a paper record in your … Read More

How Each Department Benefits From CosmoLex Law Practice Management Software

CosmoLex is designed not just for lawyers but for law firms. Our legal billing and accounting software simplifies operations in every department in your firm — even if you are a solo attorney who handles every job yourself. Here are just a few ways we streamline your practice. Attorneys spend less time on paperwork and more time practicing law. They … Read More

Time And Billing Software For Lawyers Of All Billing Models

One problem with using generic billing software is that it may not support the way you do business. Rather than trying to improvise a solution, use dedicated attorney time and billing software like CosmoLex that can handle all your billing needs. Hourly Rates – The billable hour is the classic legal billing system. All anyone has to do is pick … Read More

Legal Billing And Accounting Software Tips: Setting Up Your Timekeepers

Timekeepers are the core of the CosmoLex billing system. Anyone in your office who could incur a fee or expense — attorneys, paralegals, researchers, bookkeepers, etc. — should be entered here so all charges associated with a matter can easily be entered into the time and billing software. Entering New Timekeepers Click the Setup button along the top of the … Read More

The Three Types of Legal Billing Software

Trust Accounting

Technology has fundamentally changed many aspects of our personal and professional lives, including the management of law practices. Attorneys need specialized legal billing and accounting software to accommodate the unique needs of law practice but they need to be aware of the three types of products out there. Single-Computer Software The earliest attorney time and billing software packages were much … Read More

Are Law Firms Letting Technology Pass Them By?

Computer technology simplifies the modern law practice, letting attorneys focus on the law rather than on mundane administrative details. At least that’s the case when law firms actually use the technology available. Unfortunately despite the wide availability of reliable attorney time and billing software, many practices are still stuck in the Stone Age, and it’s hurting profits. Solo Firms: I … Read More

Is Your Trust Accounting System Obsolete?

Trust management can be a headache but it doesn’t have to be. The system you use will dictate how difficult your escrow administration activities are. Outdated manual methods or generic software are only going to create problems. You are better of using legal billing and accounting software that includes trust management functions — software like CosmoLex. Manual Methods Yes it’s … Read More

Can Your Billing Software Handle Your Fee Structure?

Some law firms take only a narrow range of cases but other practices prefer the financial stability of diversification. Different cases are suited to different fee structures and it is important for law firms to choose attorney time and billing software able to handle all of the practice’s billing needs. Here are the billing models used by most lawyers. Hourly … Read More