CosmoLex vs Osprey Approach (2026): which should you pick?

Pick CosmoLex if

• Fits if you're a solo or small firm that holds client money in trust
• Works for firms in the US or Canada that want billing and the books in one app

Look elsewhere if

• Tight if you're on Launch, which has no bank reconciliation, LEDES or split billing, intake forms, document assembly or AI
• Pricey if you want the general ledger, bank feeds, calendar sync or the open API, which are Pro only at $129 a user
• Watch out: the CRM, websites, Google Ads management and LexShare and LexSign are paid add-ons, and eSignatures may carry fees
• Not for you if you're in Canada and want card payments on invoices, which the pricing page marks as US only
• Skip it if you want a full trial, as the 10 days come with one bank feed and no CRM, LexShare or LexSign

Pick Osprey Approach if

• Fits if you run a UK firm that needs SRA-style accounting rules built in
• Works for firms that draft in Word and email in Outlook

Look elsewhere if

• Not for you if you're outside the UK, since the accounting is framed around UK rules
• Skip it if you need a price first, as only a consultation is offered
• Watch out: the mobile app's platforms aren't named on the page
• Skip it if you want a trial, because none is listed

CosmoLex

• Launch leaves out bank reconciliation, LEDES billing, intake forms, document assembly and the AI tools, which start on Core at $99 per user / month.
• The general ledger, bank feeds, calendar sync with Outlook and Google, intake automation and the open API are on Pro only.
• The CRM, websites, Google Ads management and LexShare and LexSign are paid add-ons; eSignatures may carry extra fees.
• Card payments on invoices are marked as US only on the pricing page; eCheck is the other option listed.

Osprey Approach

• No prices are published; the site offers a free consultation instead.
• The accounting and compliance features are framed around UK rules such as SRA requirements, so it is aimed at UK firms.
• The pages read mention a mobile app but do not name the mobile platforms, so the iOS and Android entries here are not confirmed.

CosmoLex

Trust and business accounting

Trust ledgers with automatic transfers and holds and built-in compliance reports on every plan. Pro adds a general ledger and payables across trust, operating and business accounts.

Time, billing and payments

Capture time and expenses, bill against retainers or recurring payments, and take card and eCheck payments on invoices. LEDES and split billing start on Core.

Matters and client portal

Matter management and a secure client portal on every plan. Core adds per-matter budgets, document editing and assembly, and dashboards.

Intake forms

Logic-based intake forms capture leads and turn them into matters from Core; Pro automates intake workflows. A CRM add-on adds email and text drip campaigns.

AI tools

From Core, AI writes summaries of documents, answers plain-English questions to filter matter data, and drafts client intake forms.

Growth add-ons

Paid extras include a firm website built and hosted by CosmoLex, managed Google Ads campaigns, and LexShare and LexSign for document sharing and eSignatures.

Osprey Approach

Matter and task management

Tasks live inside workflows, with colour-coded key dates that can be reassigned and key date reports.

Legal workflows

Firms can build their own process workflows or customize templates, and workflows can trigger email or SMS updates.

Email and documents

Emails sent and received in Osprey are saved to the right matter. Documents auto-populate with matter data, work with Microsoft Word, and can be e-signed or assembled into court bundles.

Time recording

Stopwatch timers, an Outlook add-in for email tracking, a time tracking ledger and a mobile app.

Accounting and compliance

Includes SRA-compliant accounting, client due diligence tools and customizable compliance workflows.

Reporting

A library of more than 50 core reports, a report writer for custom reports and an integration with Microsoft Power BI.

CosmoLex

• Launch$49

  per user / month, billed yearly ($59 billed monthly)

  Time and billing, retainers, online payments, trust ledgers with compliance reports, matter management and a client portal.

• Core$99

  per user / month, billed yearly ($109 billed monthly)

  Adds bank reconciliation, LEDES and split billing, matter budgets, intake forms, document assembly, dashboards and the AI tools.

• Pro$129

  per user / month, billed yearly ($139 billed monthly)

  Adds the general ledger and payables, bank feeds, advanced compliance reports, intake automation, calendar sync and the open API.

Osprey Approach

Pricing could not be confirmed. See ospreyapproach.com.

CosmoLex

• Annual discount

  Save $120 per user with yearly billing

  CosmoLex's pricing page shows each plan $10 a month cheaper per user when billed yearly, which it states as a $120 saving per user.

• Other savings

  Lifetime discounts for bar association members

  CosmoLex says members of its state and regional bar association partners get lifetime member discounts; the page does not give the amounts.

Osprey Approach

No public discounts listed.