CosmoLex is a matter-centric practice-management platform built around native trust and business accounting for small-to-midsize firms, while Litify is a…
Best for CosmoLex: Small to midsize firms that want built-in three-way trust reconciliation and 100+ real-time financial reports without separate accounting software, and that value a 10-day free trial before buying.
Best for Litify: Firms already comfortable with the Salesforce ecosystem that want a no-code reporting engine and agentic AI (Litify AI) spanning intake, documents, and reporting, backed by a company with 170+ employees across two US offices.
At a Glance
CosmoLex
Litify
Primary category
Legal
Legal
Rating
Not documented
Not documented
Pricing model
Subscription (per-user/month)
Custom / Quote-based (Enterprise SaaS)
Starting price
$89/user/month (billed annually)
Custom pricing (demo required)
Free plan
Not documented
Not documented
Free trial
Yes
Not documented
Platforms
Web, iOS, Android
Web
Team collaboration
Not documented
Not documented
AI features
Not documented
Yes
Public API
Not documented
Not documented
Key Differences
Underlying Platform
CosmoLex: CosmoLex is a standalone cloud practice-management application.
Litify: Litify is built on the Salesforce platform, giving firms CRM-style infrastructure.
Building on Salesforce brings enterprise CRM capabilities but also platform overhead for firms unfamiliar with Salesforce.
Trust & Business Accounting
CosmoLex: CosmoLex includes built-in trust and business accounting with three-way reconciliation as a core, named feature.
Litify: Litify documents Time & Billing and Spend Management, but does not name a dedicated trust-accounting or three-way-reconciliation feature.
Trust accounting compliance is a core requirement for law firms holding client funds, so native support avoids needing a bolt-on accounting tool.
Free Trial
CosmoLex: CosmoLex offers a free 10-day trial with functionality matching the paid subscription, aside from a bank-feed limitation.
Litify: No public free trial is mentioned for Litify; interested firms must request a demo.
A self-serve trial lets a firm test software directly, while a demo-only model requires a sales conversation before hands-on evaluation.
AI Capabilities
CosmoLex: No named AI feature is documented for CosmoLex.
Litify: Litify includes Litify AI, described as agentic AI workflows embedded across intake, document generation, and reporting.
Embedded agentic AI can automate multi-step workflows rather than just single tasks.
Company Scale & Transparency
CosmoLex: CosmoLex is part of ProfitSolv, headquartered in West Palm Beach, FL; its founding year is not disclosed.
Litify: Litify was founded in 2016, headquartered in New York, NY with a second office in New Orleans, and reports 170+ employees.
Company scale and tenure can signal stability and support capacity when evaluating a long-term software vendor.
Feature-by-Feature
Case & Matter Management
Feature
CosmoLex
Litify
Matter / case management
Available
Available
Client intake automation
Available
Available
Document management
Available
Available
Client portal
Not documented
Available
Financial & Accounting
Feature
CosmoLex
Litify
Trust accounting (three-way reconciliation)
Available
Not documented
Time & billing
Available
Available
Spend / expense management
Not documented
Available
Financial reporting
Available
Available
AI & Access
Feature
CosmoLex
Litify
Named AI feature
Unavailable
Available
AI document generation
Unavailable
Available
Free trial
Available
Unavailable
Published pricing
Unavailable
Unavailable
Pricing Compared
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
CosmoLex
Standard — From $89/user/month (annual) / $99/user/month (monthly) Monthly or Annual
Elite — Custom (higher than Standard) Monthly or Annual
Elite + Website — Custom (higher than Elite) Monthly or Annual
Fully integrated general ledger and trust accounting eliminates the need for a separate bookkeeping tool like QuickBooks
Built-in three-way trust reconciliation helps firms stay compliant with strict IOLTA/state bar rules
100% cloud-based with no local software installation required
10-day free trial with full functionality available before subscribing
Cons
Core plan pricing (Standard/Elite tiers) is not fully published and can require checking current rates directly
CRM and website-building functionality are priced as separate add-ons rather than included in the base plan
Smaller ecosystem of third-party integrations than category leader Clio
Trial is limited to 10 days and restricts some features like bank feed connections
Litify
Pros
Deep Salesforce integration unifies legal operations with existing CRM and business systems
No-code reporting engine reduces reliance on developers for custom dashboards
Broad functional coverage spanning intake through billing in one platform
Strong fit for high-volume intake practices like personal injury and insurance defense
Backed by institutional funding and an established enterprise legal customer base
Cons
No published self-serve pricing, requiring a sales demo before cost is known
Salesforce-based implementations typically involve longer onboarding than lightweight standalone tools
May be costly and complex for solo practitioners or very small firms
Total cost of ownership can include separate Salesforce platform licensing
Firms without existing Salesforce experience face a steeper learning curve
Use Cases
Choose CosmoLex: Small to midsize firms that want built-in three-way trust reconciliation and 100+ real-time financial reports without separate accounting software, and that value a 10-day free trial before buying.
Choose Litify: Firms already comfortable with the Salesforce ecosystem that want a no-code reporting engine and agentic AI (Litify AI) spanning intake, documents, and reporting, backed by a company with 170+ employees across two US offices.
Need both: Not realistic in most cases, since both are matter-management systems of record for legal practice and a firm would typically standardize on one; a firm already running Salesforce elsewhere in the business might evaluate Litify specifically for platform continuity rather than pairing it with CosmoLex.
CosmoLex
Trust Accounting Compliance — Law firms use CosmoLex's built-in trust accounting to stay compliant with state bar IOLTA rules without a separate bookkeeping system.
All-in-One Practice Management — Firms consolidate matter management, billing, time tracking, and accounting into a single subscription instead of integrating multiple tools.
Client Billing and Payments — Firms use CosmoLex's time tracking and CosmoLexPay integration to bill clients accurately and accept online payments.
Litify
High-volume personal injury intake — Personal injury firms use Litify's dynamic intake questionnaires and client portals to standardize and speed up case qualification across large volumes of incoming leads.
Corporate legal department operations — In-house legal teams at large enterprises use Litify to track matters, manage outside counsel spend, and report on legal department KPIs within their existing Salesforce environment.
Insurance defense case management — Insurance defense practices use Litify's matter management and billing tools to manage high case volumes with standardized workflows and automated time capture.
Frequently Asked Questions
Does either tool publish its pricing?
No, both CosmoLex and Litify require contacting sales or requesting a demo for pricing.
Which platform is built on Salesforce?
Litify is built on the Salesforce platform; CosmoLex is a standalone application.
Which tool includes native trust accounting?
CosmoLex includes built-in trust and business accounting with three-way reconciliation; this isn't documented as a Litify feature.
Does CosmoLex offer a free trial?
Yes, a 10-day free trial with functionality matching the paid subscription aside from a bank-feed limitation; Litify does not mention a free trial.
What AI capabilities does Litify offer?
Litify AI provides agentic AI workflows across intake, AI-powered document generation, and reporting.
When was each company founded and where is it based?
Litify was founded in 2016 and is headquartered in New York, NY, with a second office in New Orleans. CosmoLex's founding year is not disclosed, and it is based in West Palm Beach, FL as part of ProfitSolv.