CosmoLex vs Thomson Reuters Elite 3E Enterprise Business Management

• Bookkeeping and billing
• Overall practice management
• Responsiveness and support

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• Tracks time
• Separates billable and nonbillable hours
• Separates by Matters and clients

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• Multiple line data entry - when adding multiple expenses manually, you have to wait for the software to load after each entry.
• Loading can be slow - this includes generating reports, preparing checks, inputting data entries, moving from matter to matter - you have to wait a few moments with each action.
• Cost - more costly than some other software options (similar in price to Clio).
• Rather than pay for licenses, you pay per user, so you can't just purchase 3 licenses for 4 users without having some issues. When one user logs in and someone is already logged in under that username, the first user is logged out, even if they are in the middle of doing something.

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• Users have reported that they have more reporting capability in other software.
• The upgrade process is very time-consuming.
• Sometimes slow.

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• Took a lot of headache out of accounting (I started with Clio which integrates with QuickBooks and it was a nightmare dealing with it until I switched to CosmoLex).
• An approved trust accounting software is required in my jurisdiction, and CosmoLex allowed me to get started with very little delay.
• When transitioning to a different office, CosmoLex was new to my new assistants, and they were set in their ways. There are currently few legal assistants in the area with any familiarity with CosmoLex, so there is always a preference for PCLaw or EsiLaw among the staff. CosmoLex ruffled a few feathers when my staff were forced to learn something new.

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• Better capability than it's predecessor.
• Makes business run smoother.

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