Legal · head to head
CosmoLex vs Everlaw
CosmoLex
Legal
Practice management with a full legal general ledger and trust accounting built in
- From
- $89/month
- Rated
- -
The short version
- Each has a real cost: CosmoLex the built-in accounting suits a single law firm entity, so practices with multiple entities, payroll or unusual revenue recognition still need an external accountant and a second system.; Everlaw quote-only pricing, and ediscovery is typically billed on data volume, which makes costs hard to predict in advance
- They diverge on capability: CosmoLex covers Built-in general ledger, Everlaw covers Document processing.
- Prices and features above were last checked on 30 August 2026.
Where they differ
Only the attributes on which CosmoLex and Everlaw actually diverge.
Identical on both: free tier (No), user rating (Not yet rated), category (Legal).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in CosmoLex
- Built-in general ledger
- Three-way trust reconciliation
- Time and expense capture
- Billing and LEDES
- CosmoLex Pay
- Matter management
Only in Everlaw
- Document processing
- Predictive coding
- Review workflow
- Search and clustering
- Case building
- Cloud-native
What people use each for
The jobs each tool is most often brought in to do.
CosmoLex
- A two to ten lawyer firm that wants to stop paying for and reconciling QuickBooks alongside its practice systemnot Everlaw
- A firm that has failed or fears failing a bar trust account audit and needs three-way reconciliation as standardnot Everlaw
- A solo practice with no bookkeeper that needs the books to be correct without accounting knowledgenot Everlaw
- A firm doing insurer defence work that must produce LEDES invoices without a separate billing toolnot Everlaw
Everlaw
- Litigation teams reviewing very large discovery document setsnot CosmoLex
- Government and corporate investigations requiring defensible reviewnot CosmoLex
- Firms wanting ediscovery without running on-premise infrastructurenot CosmoLex
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
CosmoLex
- The built-in accounting suits a single law firm entity, so practices with multiple entities, payroll or unusual revenue recognition still need an external accountant and a second system.
- Document management is basic storage rather than versioned matter-centric DMS, so firms with heavy document workflow outgrow it and bolt on something else.
- The integration catalogue is materially smaller than Clio, so niche intake, e-discovery or automation tools often require manual export instead of a native connection.
- Ownership sits with ProfitSolv alongside Tabs3, TimeSolv and Rocket Matter, and buyers have limited visibility into which brand receives investment over a three-year contract.
- The interface and reporting feel dated next to newer competitors, and custom reporting in particular often means exporting to a spreadsheet.
Everlaw
- Quote-only pricing, and ediscovery is typically billed on data volume, which makes costs hard to predict in advance
- Specialist product: outside litigation and investigations there is no use for it
- Predictive coding requires a properly trained review workflow, and poor input produces unreliable prioritisation
- Data volume charges can escalate sharply on large matters
Pricing, plan by plan
CosmoLex
$89/month- CosmoLex$89/month
- Per user per month billed annually, higher month to month
- General ledger and trust accounting included rather than sold as an add-on
- Payment processing charged at card and bank transaction rates
Everlaw
On requestNo published plan breakdown. See the Everlaw review.
Which should you pick?
Choose CosmoLex if
- You need built-in general ledger.
- You work on Web, iOS, Android.
- You also want three-way trust reconciliation.
Choose Everlaw if
- You need document processing.
- You work on Web, Cloud.
- You also want predictive coding.
Questions people ask
- Is CosmoLex or Everlaw better?
- Neither clearly leads. CosmoLex starts at $89/month and Everlaw at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, CosmoLex or Everlaw?
- CosmoLex starts at $89/month and Everlaw at On request.
- Does CosmoLex or Everlaw run on more platforms?
- CosmoLex runs on Web, iOS, Android. Everlaw runs on Web, Cloud.
- What is CosmoLex best used for?
- CosmoLex is most often used for a two to ten lawyer firm that wants to stop paying for and reconciling quickbooks alongside its practice system, a firm that has failed or fears failing a bar trust account audit and needs three-way reconciliation as standard, a solo practice with no bookkeeper that needs the books to be correct without accounting knowledge, a firm doing insurer defence work that must produce ledes invoices without a separate billing tool. Of those, a two to ten lawyer firm that wants to stop paying for and reconciling quickbooks alongside its practice system and a firm that has failed or fears failing a bar trust account audit and needs three-way reconciliation as standard are not what Everlaw is typically brought in for.
- What can CosmoLex do that Everlaw cannot?
- CosmoLex covers Built-in general ledger, Three-way trust reconciliation, Time and expense capture, Billing and LEDES. Everlaw covers Document processing, Predictive coding, Review workflow, Search and clustering.
Answered from the vendors’ own pages
CosmoLex: Do I still need QuickBooks?
No. CosmoLex carries its own general ledger and trust ledgers, which is the main reason firms choose it over Clio or MyCase.
Everlaw: What does Everlaw cost?
Everlaw does not publish rates. Ediscovery is generally priced on data volume and users, which is why costs are quoted per matter or per organisation.
CosmoLex: Does it handle IOLTA compliance?
Yes. Trust ledgers, overdraft prevention and three-way reconciliation are in the core product rather than in a paid tier.
Everlaw: What is ediscovery?
The process of identifying, collecting and reviewing electronic documents as evidence in litigation or investigation.
CosmoLex: Who owns CosmoLex?
ProfitSolv, a private-equity backed group that also owns Tabs3, TimeSolv, ImagineTime and Rocket Matter.
Everlaw: What is predictive coding?
Machine learning trained on reviewer decisions to prioritise documents likely to be relevant, so a team reviews the important fraction rather than everything.
Everlaw: Is Everlaw only for law firms?
No. Corporate legal departments and government agencies use it for investigations as well as litigation.
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