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Legal Billing & Timekeeping - 2

Capture Every Billable Activity

CosmoLex captures all of your time and expenses as they occur. The ability to track your time on multiple matters and flag future events as billable ensures that nothing falls through the cracks. When it’s time to send the bills, all of your time and expenses from the current period have already been added to the invoices. Your bills will go out on time and your practice will enjoy better, faster cash flow, and, ultimately, increased profits.

Customizable Invoices

Your law firm has its own identity, which stands out on a CosmoLex invoice. It’s easy to add logos, letterhead, individual messages, or other custom touches to ensure that your clients recognize your invoices (and hopefully pay them quickly).

Legal Billing & Timekeeping - Custom Invoices
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One-Click Billing

Process invoices, past-due notices, and low-retainer reminders all within our legal timekeeping and billing system. Producing LEDES98 format Electronic Bills is easy, too. When your invoices are ready, simply email or print them from within the same screen.

Built-In LawPay with No Monthly Fee

(We’ll cover the $20 LawPay monthly fee forever!) [1]

Credit card payments are a win-win for your law practice; you get faster payments and your clients appreciate the convenience of paying legal fees by credit card. CosmoLex makes it easy for you to start accepting credit card payments. For new LawPay accounts opened from within your CosmoLex application, CosmoLex will cover the standard LawPay $20 monthly fee for active LawPay users. Already have a LawPay account? No problem. Simply specify that within CosmoLex and you are all set. With CosmoLex’s end-to-end credit card processing solution CosmoPay, trust retainer payments, online invoice payments, and daily reconciliations of received funds become a breeze.

Legal Billing & Timekeeping - CosmoPay
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Built-In Collection Functions

Every law office grapples with non-paying or slow-paying clients. That’s why CosmoLex gives you the kind of advanced functions you need to improve your collection efforts without the administrative headaches, including:

  • Invoices that clients can easily understand and pay
  • A “retainer replenishment amount” that can be included in your invoice
  • Low-retainer reminders help maintain your “evergreen retainers”
  • Personalized overdue invoice notices
  • Credit card option to make it easy for clients to pay bills and trust retainers
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