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Legal · head to head

CosmoLex vs NetDocuments

CosmoLex logo

CosmoLex

Legal

Practice management with a full legal general ledger and trust accounting built in

From
$89/month
Rated
-
NetDocuments logo

NetDocuments

Legal

Cloud document management for law firms

From
On request
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.; NetDocuments quote-only pricing per user with no published rates
  • They diverge on capability: CosmoLex covers Built-in general ledger, NetDocuments covers Matter-centric filing.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which CosmoLex and NetDocuments actually diverge.

Attributes where CosmoLex and NetDocuments differ
AttributeCosmoLexNetDocuments
Starting price$89/monthOn request
Pricing modelPer user per monthquote
PlatformsWeb, iOS, AndroidWeb, Windows, iOS, Android, Cloud

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 NetDocuments

  • Matter-centric filing
  • Ethical walls
  • Email management
  • Version control
  • Search
  • Retention

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 NetDocuments
  • A firm that has failed or fears failing a bar trust account audit and needs three-way reconciliation as standardnot NetDocuments
  • A solo practice with no bookkeeper that needs the books to be correct without accounting knowledgenot NetDocuments
  • A firm doing insurer defence work that must produce LEDES invoices without a separate billing toolnot NetDocuments

NetDocuments

  • Firms needing enforceable ethical walls rather than folder permissionsnot CosmoLex
  • Capturing email into the matter record instead of individual inboxesnot CosmoLex
  • Moving document management off on-premise serversnot 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.

NetDocuments

  • Quote-only pricing per user with no published rates
  • Migrating an existing document store is a substantial project, and legacy metadata rarely survives cleanly
  • Aimed at mid-size and large firms; solo practices find it heavier than needed
  • Adoption depends on fee earners filing correctly, and habits are the hard part

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

NetDocuments

On request

No published plan breakdown. See the NetDocuments 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 NetDocuments if

  • You need matter-centric filing.
  • You work on Web, Windows, iOS, Android, Cloud.
  • You also want ethical walls.

Questions people ask

Is CosmoLex or NetDocuments better?
Neither clearly leads. CosmoLex starts at $89/month and NetDocuments at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, CosmoLex or NetDocuments?
CosmoLex starts at $89/month and NetDocuments at On request.
Does CosmoLex or NetDocuments run on more platforms?
CosmoLex runs on Web, iOS, Android. NetDocuments runs on Web, Windows, iOS, Android, 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 NetDocuments is typically brought in for.
What can CosmoLex do that NetDocuments cannot?
CosmoLex covers Built-in general ledger, Three-way trust reconciliation, Time and expense capture, Billing and LEDES. NetDocuments covers Matter-centric filing, Ethical walls, Email management, Version control.

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.

NetDocuments: What does NetDocuments cost?

It quotes per user and does not publish rates.

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.

NetDocuments: Why not just use SharePoint or Dropbox?

Neither expresses matter-centric security or ethical walls in an auditable way, which is a professional obligation rather than a preference in legal practice.

CosmoLex: Who owns CosmoLex?

ProfitSolv, a private-equity backed group that also owns Tabs3, TimeSolv, ImagineTime and Rocket Matter.

NetDocuments: Does it handle email?

Yes, capturing correspondence into the matter record, which is where most legal email otherwise fails to land.

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