With its latest release, CosmoLex shows it’s ready to handle the requirements of even the largest law firms.   NORTH BRUNSWICK, NJ – May 23, 2016 – CosmoLex, a leading cloud-based, law practice management software provider, has announced a major upgrade with its v4.1 release — and it’s one that will bring their cloud-based total solution […]

“Communication breakdown, It’s always the same, I’m having a nervous breakdown, Drive me insane!” If this sounds familiar to you, I hope it’s because you’re a Led Zeppelin fan and not because your firm has trouble communicating with it’s clients.  The truth is that communication with clients is a serious problem area for many attorneys […]

Your firm is probably like many others when it comes to compensating its attorneys and other legal professionals. This means compensation is based on productivity and collections, not just a set salary or figure. The problem lies in how compensation is calculated by your firm. All too often firms use complex distribution formulas that need […]

Attorneys hate dealing with client disputes. They can come in many different forms, but one of the areas most commonly associated with clients’ disputes is billing. It’s unfortunate but the truth is that attorneys carry a reputation of having incredibly poor billing practices. As a provider of next generation legal billing solutions, I can tell […]

If you ask a client what upsets them the most, the answer will likely be missed deadlines. Unfortunately with so many matters in flux at once, firms have been known to miss a deadline here and there. The best way to eliminate missed deadlines is to employ shared calendars at your firm! CosmoLex allows client […]

When a lawyer makes the decision to make the jump from being an attorney, to managing their own practice, they absolutely need to consider their legal accounting. Rarely do lawyers have accounting expertise and accountants who understand all the intricacies and regulations associated with legal accounting may be hard to find. Every law firm needs […]

Many firms don’t consider billing until they are finishing up their work with a client. Successful firms have billing in mind from day one when they first engage with a client. Your time and expenses are both billable, so recording them as they occur is the most effective way to reduce leakage associated with poor […]

For so many small and medium sized law firms, legal accounting is a major challenge. Lawyers certainly aren’t accountants and accountants rarely have the specific expertise needed to successfully navigate the legal accounting landscape. Unfortunately, this creates the perfect storm for legal accounting errors to occur at many small and medium-sized firms. We all know that […]

As good as your firm may be, chances are it probably isn’t perfect- especially when it comes to billing. It’s ok we all make mistakes. If your firm accepts credit cards those mistakes can be more challenging, as payment, voids and chargebacks take place in billing system but the funds are deposited or withdrawn from […]

We work with law firms across the country. We see everything from established firms to firms who are just starting out. Something that we notice quite often is that attorneys are attorneys first and business men/women second. While this is the ideal order for clients looking to hire the best legal representation, it isn’t always […]