TimeSolv was acquired by private equity in 2020. You already know this story. Price hikes. Reduced support. Features locked behind higher tiers. The playbook never changes.
Start Your Free TrialTimeSolv looks independent. The branding suggests a scrappy startup fighting for lawyers. The reality is very different.
Lightyear Capital acquired TimeSolv in 2020. FTV Capital joined as co-owner in 2025. Two PE firms. One goal. Maximum extraction before the next flip.
TimeSolv is one brand in the ProfitSolv portfolio. Same parent company as CosmoLex, Rocket Matter, and Tabs3. Competition is an illusion. They all feed the same investors.
338 reviews. 2.7 out of 5 stars. "What a rip off company." "They kept billing my credit card after I closed my firm." These aren't outliers.
PE firms don't hold assets forever. They extract value and sell. You're not building a long term relationship. You're renting space until they flip you to the next owner.
In 2020, Lightyear Capital created ProfitSolv as a holding company to roll up legal billing software. They started acquiring immediately.
When you "switch" from TimeSolv to Rocket Matter, you're moving from one ProfitSolv brand to another. The money goes to the same investors. The playbook stays the same.
In June 2025, FTV Capital invested as co-owner. More PE money. More pressure to show returns. Guess who pays for those returns.
From Trustpilot and Capterra. Verified reviews.
"What a rip off company. I closed my firm and notified Timesolv every way I could but they kept billing my corporate credit card and now refuse to refund any of the charges."
Trustpilot, July 2024
"EASILY HACKABLE. This software platform is very worrisome for hacking issues. One can easily use their system and create/send invoices on behalf of your organization."
Trustpilot, October 2025
"Everything about running reports is AWFUL! Our CPA asked us to switch software companies. The reports are not consistent. Support has been looking into this for months with no solution."
Trustpilot, May 2025
"They stole my money."
Capterra, Verified Review
TimeSolv's privacy policy is 3.5 years old. What are they actually doing with your data now?
"We may disclose your personal information to affiliated entities for purposes consistent with this Privacy Policy."
Translation: Your data flows to CosmoLex, Rocket Matter, Tabs3, and Orion Law. All owned by ProfitSolv.
"We use tracking technologies, including cookies... for advertising, marketing, and analytics purposes."
Tracking cookies. Advertising. From your billing software.
Thinking of switching from TimeSolv to CosmoLex? Or Rocket Matter? They're all owned by ProfitSolv. Same parent company. Same data pipeline. Same "affiliated entities" clause. Different logo.
Read it yourself: timesolv.com/privacy-statement
"Every cloud app is racing to bolt on AI. They all work the same way."
It lives on their servers, meters every question, and every word you feed it, your client's secrets, your strategy, your privileged work, lands on someone else's machine. A federal judge just ruled that kind of data isn't privileged anymore (US v. Heppner). So you'd be paying extra to hand your client's confidences to a system that can be subpoenaed. TimeSolv will be no different.
Oasis doesn't work like that.
It runs on your Mac. Your data never leaves the building. Nothing trains a model. Nothing gets metered. And the assistant, First Mate, is free for life, because it costs me nothing to run. TimeSolv can't match free. Not because they won't. Because every answer they give costs them money, and every answer mine gives costs me nothing. That isn't a pricing trick. It's the difference between renting a mainframe and owning your computer.
TimeNet Law isn't preparing for an acquisition. We're not optimizing for PE returns. We're building software for lawyers who want to practice law.
One Click Billing. Smart rounding. Non-destructive timers. Split billing by party. Text expansion before TextExpander was even a product. I shipped every one of those first, then watched the big cloud apps roll out their own version a year or two later. That's the tell. I lead. They follow.
But here's where they can never follow.
Private AI on your own machine. A complete, permanent history of every change, restorable with one click, even after you quit and relaunch. Working on a plane with no Wi-Fi. Your data that never leaves your Mac. You cannot bolt any of that onto a cloud product. Not with a sprint. Not with a roadmap. Not with a private-equity war chest.
One price. No monthly extraction. No PE overlords deciding your software roadmap. Your practice management tool should work for you.
Start Your Free TrialTrial never expires. No credit card required. 3 client limit until you're ready.