CosmoLex vs. Thomson Reuters Firm Central

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CosmoLex
Score 8.9 out of 10
N/A
CosmoLex in New Jersey offers their legal practice management application which supports all business administration needs, as well as accounting and billing internally, without needing to integrate with accounting software.
$99
per month per user
Firm Central
Score 5.0 out of 10
N/A
Thomson Reuters offers Firm Central, a law practice management, time management platform, and legal billing solution touting integration with Westlaw.N/A
Pricing
CosmoLexThomson Reuters Firm Central
Editions & Modules
CosmoLex
$89
per user/per month
No answers on this topic
Offerings
Pricing Offerings
CosmoLexFirm Central
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
CosmoLexThomson Reuters Firm Central
Top Pros
Top Cons
User Ratings
CosmoLexThomson Reuters Firm Central
Likelihood to Recommend
10.0
(3 ratings)
5.0
(2 ratings)
Usability
7.0
(1 ratings)
-
(0 ratings)
Support Rating
8.0
(1 ratings)
5.0
(1 ratings)
User Testimonials
CosmoLexThomson Reuters Firm Central
Likelihood to Recommend
ProfitSolv
Because it is cloud based, CosmoLex is well suited for a lawyer starting up a practice as there is no need for a server. It is also very easy to use from home as it doesn't require a remote session to login, but can be used from any device. It is not well suited for a practice that requires a very fast pace for accounting as it takes a bit of time for each transaction to load, frustrating the user and causing them to lose momentum. On the other hand, if time is taken to set things up, there are a few tools that make importing expenses much quicker, and time can be made up by just taking some time to set things up.
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Thomson Reuters
ease of use is a plus but client secure portal alerts need to be made more clearly so that communication flows both ways without delay
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Pros
ProfitSolv
  • Bookkeeping and billing
  • Overall practice management
  • Responsiveness and support
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Thomson Reuters
  • Time tracking.
  • Billing.
  • Easy access to Westlaw.
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Cons
ProfitSolv
  • File separation and security like ethical was to prevent opposing council in the same company from having open access to other clients.
  • More detailed user management.
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Thomson Reuters
  • ease of portal access
  • form bank being easier to modify
  • integrations with other programs
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Usability
ProfitSolv
There is far too much reliance on symbols versus words, and it is sometimes difficult to navigate to the function you need. CosmoLex offers great support, knowledge base, and training, but sometimes you just don't have an hour to spend learning how to do a basic function that you have forgotten, and you just need it to WORK. It would be great to have the option of having word labels instead of picture symbols. It would also be great to have full functionality in the smartphone app. It just is not good. Not good. Pretty much everything keeping me tied to CosmoLex is on the money management side.
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Thomson Reuters
No answers on this topic
Support Rating
ProfitSolv
I think that CosmoLex actually relies so much on its stellar support infrastructure that it forgets we don't actually want to have to use it. Just make the darn thing easier to navigate and understand, and you won't need all that client-facing support. You can choose chat, email, phone, knowledge base, embedded training videos within the different pages, but darn it all, I just want it to be more intuitive instead.
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Thomson Reuters
I have not had to use support
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Alternatives Considered
ProfitSolv
I used CosmoLex over PC Law mostly because it was cloud-based, and I used it over Clio because the accounting for Clio required the use of both Clio and QuickBooks which made for very inefficient data entry. CosmoLex is slower than PCLaw when inputting entries, but I believe that in the long run, it will be better as CosmoLex is better situated to move forward with new technology.
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Thomson Reuters
we actually switched to Clio for better document management and overall billing and accounting features which have worked out very well
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Return on Investment
ProfitSolv
  • Time is the greatest factor when it comes to managing and creating documents and client accounts.
  • Tracking client data.
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Thomson Reuters
  • Tracking time was positive.
  • Cost us money to switch document management systems.
  • Loss of time/work product with document management functions.
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