Legal Billing Software and Payments

CosmoLex doesn’t have a mobile app—because it doesn’t need to. CosmoLex is a fully cloud-based legal practice software, meaning all its innovative features and tools can be accessed from any device with an internet connection. Simply log in to CosmoLex’s platform on your phone, tablet, or laptop to access matter documents, invoices, and notes. No need to use a desktop computer or work from the office. 

CosmoLex allows lawyers to work from anywhere without worrying about ineffective data syncing or cybersecurity. Stop wasting time searching for documents or manually entering billable hours. Instead, boost your productivity and increase your firm’s efficiency with CosmoLex’s accessible and innovative platform. Cloud-based legal practice management software securely houses confidential client data, reducing the risk of a security breach. 

Greater convenience, security, and efficiency. That’s CosmoLex.

CosmoLex is a one-of-a-kind legal software with matter management and accounting capabilities—no Microsoft QuickBooks required. If your firm’s currently using two software solutions—a project management software and an accounting product like QuickBooks—you’re not only wasting valuable firm time and money, you’re risking legal compliance and data security breaches. 

Unlike CosmoLex, Quickbooks is not a legal-specific accounting software. Quickbooks lacks built-in features that keep your firm compliant with complex legal billing standards, like built-in functionality for trust accounting. Compare that to CosmoLex, which is designed specifically for law firms. Its accounting function integrates directly with time tracking, billing, and invoicing, making generating bills—and getting paid for them—easier than ever.  

Additionally, because CosmoLex’s matter management and accounting functions are housed in one central platform, you can generate reports providing actionable insights into your firm’s efficiency, leakage, write-offs, and more. Instead of manually syncing matter billing data into an ancillary program, like Quickbooks, choose the simpler solution—CosmoLex’s fully integrated legal practice management solution. 

CosmoLex gets your team paid as quickly as possible because our invoicing tools are intuitive, simple, and, yes, customizable. With CosmoLex, you can give your invoices a personalized touch without spending hours manually drafting each invoice. Our customizable invoice templates can be prepared in advance and itemized and populated with tailored messages, billing history statements, and your firm’s logo in just a few clicks.  

Customizing your client invoices with itemized billing statements and past payment confirmations can help answer client questions before they’re even asked, saving your team the time typically spent going over bills with clients and getting your firm paid before the payment deadline. By preventing client queries, you’re not only saving your firm time, you’re improving the client experience and boosting client referrals and retention rates. 

Best of all, even custom invoices can be batch billed to clients with our legal billing software, saving you time each billing cycle. Quickly generate and bill via email or print bulk invoices in moments. Get ready to breathe a sigh of relief—billing just went from the most stressful part of your month to the most relaxing part of your day. 

Tracking your billable and nonbillable hours with CosmoLex is intuitive, easy, and instantaneous. Research shows that waiting to track completed tasks until the end of the day, week, or month results in underbilling clients and lost revenue. Instead, easily track your hours in real time with CosmoLex’s simple timer. 

CosmoLex’s timer feature allows you to track your work from any device, including laptops or mobile devices. Simply sign in and start the timer, attaching your time entry to the specific case you’re working on. When you need to pivot tasks, answer the phone, or head to court, simply stop the timer or start another for a new task—the program will automatically pause your first timer, ensuring you don’t accidentally record time for two matters at once.  

Unlike traditional time tracking methods, like writing hours down throughout the day or transcribing time by memory at the end of each day or week, using a timer is accurate, fast, and simple.  

Additionally, since each time entry is automatically attached to the applicable timer, you can create invoices without transposing time entries into an additional program.  

Instead of wasting hours each way transcribing time tracked into a billing software solution, manage time entries throughout the day with a few clicks. 

Through CosmoLexPay, our innovative online payment solution, clients can pay invoices instantly via credit card, debit card, or automated clearing house (ACH) payments. Credit card payments are good for business. Businesses that provide the option for credit card payments receive more timely payments than those that don’t. For client-focused law firms, online payment solutions are essential to doing business. 

Providing the option to pay by credit card benefits clients and firms. It allows clients to pay bills with ease instead of the outdated and time consuming process of mailing a payment check. Additionally, it boosts firm revenue by helping firms get paid on time without costly follow ups.  

Unlike some payment processors which charge large fees for certain credit cards, CosmoLexPay’s pricing is simple and nominal.  

Traditional payment processors weren’t designed with law firms in mind, and utilizing them to accept credit card payments can result in an unintentional ethics violation, particularly if your firm works with trust accounts. Instead, we recommend working with a legal-specific payment processor that lets you cater to your clients while meeting your legal obligations. CosmoLexPay was designed to make lawyers’ lives easier, which is why our secure payment processor has safeguards in place to protect client funds and avoid ethical violations with every transaction. 

Unlike generic accounting software like Microsoft QuickBooks, CosmoLex was designed specifically for trust accounting. We understand the complexities of the legal profession, and our legal billing software tools make lawyers’ lives easier without breaching compliance or forfeiting security. 

Our online payment processor, CosmoLexPay, can deposit funds into one account while withdrawing fees from another, preventing unintentional ethics violations with complicated trust accounts. Additionally, CosmoLex is capable of quickly and easily running three-way reconciliations, ensuring your firm’s compliance with IOLTA requirements and the state bar.  

Managing trust accounts can feel cumbersome, but with the right tools by your side, you’ll navigate their complex requirements with ease. Choosing legal-specific billing software and practice management solutions that are built to manage these types of accounts can save you time and prevent ethics violations.  

Generic billing software like QuickBooks requires time-consuming workarounds to ensure legal compliance. Make more time in your day by using a law practice management software designed specifically for law firms. 

Law firms using CosmoLex have access to one of the most safe and secure matter management solutions on the market today. CosmoLex is SOC 2 certified, which means that CosmoLex’s robust security standards are validated by outside auditors. This certification ensures that cloud-based software like CosmoLex are using the best cybersecurity tools available to safeguard client data and prevent breaches of information.  

CosmoLex takes a proactive approach to cybersecurity and continuously reevaluates our data security practices to ensure we are providing the safest environment for our clients to work and build their businesses. Our SOC 2 certification allows users to feel peace of mind that their data is as safe as possible.