CosmoLex and TimeSolv are both headquartered in West Palm Beach, FL and share nearly identical CRM and Website add-on pricing, suggesting a shared corporate…
Best for CosmoLex: Firms wanting one matter-centric system that combines case management, document management, and trust accounting in a single platform with 100+ real-time financial reports.
Best for TimeSolv: Firms and hourly professionals whose primary need is precise mobile time capture (with offline access) and billing, plus native payment processing via TimeSolvPay, without necessarily needing full matter/case management.
At a Glance
CosmoLex
TimeSolv
Primary category
Legal
Legal
Rating
Not documented
Not documented
Pricing model
Subscription (per-user/month)
subscription
Starting price
$89/user/month (billed annually)
From ~$40/user/month (TimeSolv Pro)
Free plan
Not documented
Not documented
Free trial
Yes
Yes
Platforms
Web, iOS, Android
iOS, Android
Team collaboration
Not documented
Not documented
AI features
Not documented
Not documented
Public API
Not documented
Not documented
Key Differences
Product Scope
CosmoLex: CosmoLex offers full matter-centric practice management: case management, document management, client intake, and trust accounting in one system.
TimeSolv: TimeSolv focuses specifically on time tracking, invoicing, and billing, with project management and a client portal as supporting features.
A firm needing full case/matter management should not expect TimeSolv to replace a practice-management system, and vice versa for CosmoLex users who mainly want lightweight time capture.
Mobile Time Capture
CosmoLex: No specific mobile timer feature is documented for CosmoLex.
TimeSolv: TimeSolv has a mobile app timer with offline access and matter shortcuts as a named feature.
Attorneys billing by the hour while away from a desk need reliable mobile, offline-capable time entry to avoid lost billable time.
Trust Accounting Tier Placement
CosmoLex: Trust and business accounting is a core feature across CosmoLex's plans.
TimeSolv: Full trust accounting and LEDES billing are limited to TimeSolv's higher-tier Legal plan, not the base Pro plan.
Firms that need trust accounting must confirm which tier includes it before selecting a plan, since it is not universal in TimeSolv's lineup.
Built-in Payment Processing
CosmoLex: CosmoLex offers an invoicing and payments feature without a named payment-processing product.
TimeSolv: TimeSolvPay is a named built-in payment processing feature accepting credit cards and ACH transfers.
A named, integrated payment product can simplify getting paid without a separate merchant-services setup.
Integration Ecosystem
CosmoLex: CosmoLex integrates with QuickBooks Online, Outlook, Google Workspace, Box, Dropbox, and NetDocuments.
TimeSolv: TimeSolv integrates with QuickBooks, NetDocuments, Dropbox, LawPay, AccountEdge, OneDrive, Outlook, and Xero.
The specific set of supported integrations, such as Xero versus Google Workspace or LawPay, can determine fit with a firm's existing accounting and document stack.
Feature-by-Feature
Time, Billing & Payments
Feature
CosmoLex
TimeSolv
Time tracking
Available
Available
Named payment processing product
Not documented
Available
Trust accounting
Available
Limited
LEDES billing
Not documented
Limited
Case & Document Management
Feature
CosmoLex
TimeSolv
Matter-centric case management
Available
Not documented
Client intake automation
Available
Not documented
Document management
Available
Not documented
Client portal
Not documented
Available
Trial & Plans
Feature
CosmoLex
TimeSolv
Free trial
Available
Available
Published base pricing
Unavailable
Unavailable
CRM add-on
Available
Available
Website add-on
Available
Available
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
TimeSolv Pro — ~$40-50/user/month monthly or annual
TimeSolv Legal — ~$55/user/month (higher tiers vary) monthly or annual
Client Engagement/CRM Add-On — $147/month (annual, up to 3 users) or $177/month monthly or annual
Website Builder Add-On — $149/month (annual) or $159/month monthly or annual
Pros & Cons
CosmoLex
Pros
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
TimeSolv
Pros
Long operating history (since 1999) with a platform purpose-built for legal billing
Trust accounting support addresses a key legal compliance requirement
Integrated payment processing speeds up client invoice collection
No setup fees or long-term contracts required, with a 10-day free trial
Backed by ProfitSolv's broader legal software portfolio for potential future integrations
Cons
Focused specifically on time and billing rather than full case/practice management
Per-user pricing plus separately priced add-ons (CRM, website builder) can add up for growing firms
Pricing for core plans is not fully transparent without contacting sales for volume quotes
Smaller company scale than broader legal tech platforms like Clio
Firms needing full practice management may need to pair TimeSolv with a separate system
Use Cases
Choose CosmoLex: Firms wanting one matter-centric system that combines case management, document management, and trust accounting in a single platform with 100+ real-time financial reports.
Choose TimeSolv: Firms and hourly professionals whose primary need is precise mobile time capture (with offline access) and billing, plus native payment processing via TimeSolvPay, without necessarily needing full matter/case management.
Need both: Not a typical pairing, since both cover overlapping time-tracking, invoicing, and trust-accounting ground as apparent ProfitSolv-family products - a firm would more likely pick one rather than license both from what looks like the same accounting umbrella.
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.
TimeSolv
Law firm billable time and invoicing — Law firms use TimeSolv to track attorney billable hours and automatically generate accurate client invoices.
Trust account compliance — Firms use TimeSolv's trust accounting tools to manage client retainer funds in line with legal compliance requirements.
Professional services hourly billing — Consulting and other professional services firms that bill hourly use TimeSolv for time tracking and invoicing outside the legal industry.
Frequently Asked Questions
Are CosmoLex and TimeSolv related companies?
Both are headquartered in West Palm Beach, FL, and offer near-identical CRM and Website add-on pricing ($147/month annual CRM, $149/month annual website), suggesting a shared corporate family (ProfitSolv), though each is a distinct product.
Which tool includes trust accounting by default?
CosmoLex includes trust and business accounting across its plans; TimeSolv reserves full trust accounting for its higher-tier Legal plan.
Does either tool offer a free trial?
Yes, both offer a 10-day free trial with no credit card required.
Which tool has a dedicated mobile time-tracking app?
TimeSolv documents a mobile app timer with offline access and matter shortcuts; CosmoLex doesn't document a specific mobile timer feature.
What's the difference between TimeSolv's Pro and Legal plans?
The Legal plan adds conflict checking, matter budgets, custom data views, LEDES billing, split billing, trust accounting, and bulk payment collection on top of the Pro plan.
Which tool is better suited as a full practice-management system versus a billing tool?
CosmoLex is built around matter-centric case management with billing included; TimeSolv is centered on time tracking and billing with project management as a supporting feature.