Shlomi Lavi /
Dec 06, 2022
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Bottom Line: Which is Better - ProLaw or CosmoLex?
ProLaw is more expensive to implement (TCO) than CosmoLex, and CosmoLex is rated higher (89/100) than ProLaw (76/100). CosmoLex offers users more features (6) than ProLaw (5). There is a clear winner in this case and it is CosmoLex!
Looking for the right Legal Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Thomson Reuters Vs. CosmoLex
Thomson Reuters:
We are the leading source of intelligent information for the world’s businesses and professionals, providing customers with competitive advantage.
Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make bette...
CosmoLex: CosmoLex is an industry leader in cloud-based law firm management software. The CosmoLex team brings together experts who have been catering to the specialized technology needs of small to medium law firms since the 2006 in order to create a new generation of law office software.
Background – Legal Time Tracking, Billing and Trust Accounting Sof...
Who is more expensive? ProLaw or CosmoLex?
The real total cost of ownership (TCO) of Legal Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for ProLaw and CosmoLex.
ProLaw price starts at $5,200 per license , On a scale between 1 to 10 ProLaw is rated 6, which is similar to the average cost of Legal Management software. CosmoLex price starts at $85 per user/month , When comparing CosmoLex to its competitors, the software is rated 4 - lower than the average Legal Management software cost.
Bottom line: ProLaw is more expensive than CosmoLex.
Which software includes more/better features?
We've compared ProLaw Vs. CosmoLex based on some of the most important and required Legal Management features.
ProLaw: Billing & Invoicing, Time and Expense Tracking, Document Management, Time Tracking, Contract Management.
CosmoLex: Time and Expense Tracking, Billing & Invoicing, Document Management, Email Marketing, Time Tracking.
Target customer size
Customers of the software include law firms of all sizes and a variety of types. Customers of the software mainly include small and medium law firms and practices.