legal accounting

Article Library

What Is the Difference Between a Flat Fee Agreement and a Retainer for Law Firm Pricing?
What’s the difference between a flat fee agreement vs retainer? Learn when to use each model to optimize your law firm’s...
Law Firm Accounting Guide: What You Need to Know About Handling Client Funds 
Law Firm Accounting Guide: What You Need to Know About Handling Client Funds 
This law firm accounting guide walks you through the core areas of legal accounting to manage client funds confidently, stay compliant...
What Are the Most Common Ethics Violations for Lawyers?
What Are the Most Common Ethics Violations for Lawyers?
What are the common ethics violations for lawyers? We break down the most frequent risks—from conflicts of interest to trust accounting...
Back to Basics: Law Firm Accounting vs. General Accounting
Back to Basics: Law Firm Accounting vs. General Accounting
When it comes to keeping accurate records of your law firm’s accounts, it’s essential to use tools that give you a...
The Future of Law Firm Billing: How to Streamline Your Practice with CosmoLex and CosmoLexPay
The Future of Law Firm Billing: How to Streamline Your Practice with CosmoLex and CosmoLexPay
Billing is the heartbeat of any practice. It’s how you keep the lights on (or the computers if you’re remote or...
Accounting for Lawyers: Six Basic Concepts You Should Know
Accounting for Lawyers: Six Basic Concepts You Should Know
In the fast-paced world of law, managing the financial intricacies of a practice can often feel like being cross-examined by a...
The intuitive design and robust features of CosmoLex have been a game-changer for my firm. I recommend it to any solo practitioner looking to reclaim their time.
Jonathan Roth
Jonathan Roth
Founder, Roth Advocacy
Canada
Customer Centric Messaging
Cosmolex provides a familiar and simple user interface that allows our firm to quickly and efficiently manage billing and times.
How to Set Up Your Law Firm’s Budget: A Practical Plan You Can Run All Year 
How to Set Up Your Law Firm’s Budget: A Practical Plan You Can Run All Year 
The challenge is turning “we should budget” into a plan. This guide walks you through how to set up your law...

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