LawAccounting vs CosmoLex

CosmoLex and LawAccounting were both built around legal accounting, so trust accounting, three-way reconciliation and a general ledger come standard on each. The differences are in the platform underneath and in what a growing firm can do with its numbers.

Built on Salesforce.

Fields, workflows and permissions can be set up around your firm, on the same records as your matters.

One ledger across offices and entities.

Multi-office and multi-entity accounting, with consolidated reporting.

Finance controls for a growing firm.

Payables approvals, defined accounting periods and profitability by practice group.

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Two accounting-first platforms with different foundations

CosmoLex was one of the first products to tell law firms they didn't need QuickBooks next to their practice management software. It combines matters, billing, trust accounting and business accounting in one application, and it's part of the ProfitSolv group alongside Tabs3, Rocket Matter and TimeSolv. In 2026 it added a QuickBooks Online integration for firms that want to keep their general accounting in QuickBooks.

LawAccounting also started with accounting, but on Salesforce. The ledger, trust accounting and billing sit at the center, and CaseQube adds intake, matters, documents and settlements on the same Salesforce records.

Both platforms keep trust money and the firm's books in one system. Where they differ is how far each can stretch as the firm adds people, offices and entities.

LawAccounting vs CosmoLex, feature by feature

How CosmoLex compares with LawAccounting and CaseQube on the accounting and practice work a growing firm handles every month.

Where LawAccounting goes further than CosmoLex

CosmoLex covers the accounting a small firm needs, and covers it well. Firms looking for a CosmoLex alternative are usually growing into a second office, a second entity or a finance team that wants more control over the close.

What CosmoLex includes

CosmoLex keeps individual client trust ledgers, imports bank statements and produces a three-way reconciliation report once the trust bank reconciliation is done. Its business accounting covers a general ledger, accounts payable and receivable, and financial statements, with trust transfers posting to the ledger automatically. LEDES 1998B export handles corporate e-billing.

Salesforce legal accounting software

LawAccounting runs on Salesforce, so a firm can add fields, adjust matter workflows and set role-based permissions with Salesforce's own tools. Firms that already use Salesforce for intake or business development keep everything on one platform their team knows.

Multi-entity law firm accounting

LawAccounting keeps the books for several entities and offices in one system and rolls them up into consolidated reports. If your firm runs more than one entity, ask CosmoLex to show you how it reports across them.

Payables approvals and payment runs

Bills in LawAccounting go to the right approver before they're paid, and approved bills go out together in payment runs. Each vendor keeps its own ledger and payment history, 1099 vendors are tracked, and attorney expenses follow the same approval steps.

Matter profitability reporting

Partners can see what each matter, attorney and practice group earns, along with WIP, realization, effective rates and originations. Budget vs actual and period comparisons sit next to the standard statements, and any number opens the transactions underneath it.

Accounting periods and month-end close

LawAccounting works in defined accounting periods with open and close steps. Accruals, adjustments and recurring or reversing journal entries are part of the close, and revenue can be recognized when a matter closes.

Practice management software with built-in accounting

CosmoLex combines CRM, case management, time and billing, and accounting in one application, which is why many small firms pick it.

CaseQube and LawAccounting cover the same ground on Salesforce, with additions aimed at larger and contingency practices:

• Settlements. Fee splits, lien and medical bill tracking and a disbursement statement for the client.
• Rule-based workflows. Matter stages with tasks created and assigned by rules you set.
• Intake with conflict checks. Branching questionnaires and a conflict check before a matter opens.
• Documents. Templates filled from matter data, OCR search, built-in e-signature and secure share links.

Which platform is right for your firm

Choose CosmoLex if you're a solo or small firm, the owner or one bookkeeper handles the books, you run a single entity, and you want practice management and legal accounting in one simple application.

Choose LawAccounting if your firm has a finance team, operates more than one office or entity, needs payables approvals and practice-group reporting, handles settlements, or already works on Salesforce.

A test worth running: ask both vendors to show consolidated reporting across two entities and to build a custom matter workflow during the demo. How each one handles those two requests tells you how the platform will hold up as you grow.

Already on CosmoLex? How to migrate from CosmoLex to LawAccounting

LawAccounting includes migration support for firms moving from their current system. Tell us how your firm uses CosmoLex today, and we'll plan the move from there.

1. Scope the move. Our team scopes your migration and quotes it before you commit.
2. Move your data. We bring your accounting data into LawAccounting and set up your trust and operating accounts.
3. Train your team. Training is part of the migration work, so your staff knows the system before you go live.

LawAccounting vs CosmoLex FAQs

Make your firm's month-end easier to run

See trust accounting, payables approvals and consolidated reporting working on the same records as your matters. Book a demo and bring the reports your partners ask for at month-end.

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