Three comparisons, written for the partner who has to justify the decision.Read the State of LPM 2026 ↗
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Comparisons · edition 2026.09

Compare the approaches, not the brochures.

Firms rarely choose between two products. They choose between four ways of running a practice — and each one is genuinely the right answer for somebody. This section says which is which, including when the right answer is not us.

Comparison matrix

Four approaches, six questions that matter in year three

Feature lists age quickly. These are the attributes firms still care about after the novelty has gone.

 Shared-tenant suiteOn-premise / desktopSpreadsheets & emailOpenLPM
Where firm data sitsOne shared database, permissionsA server in your officePersonal drives and inboxesIts own database per firm
Client portal boundarySame store, extra rulesRarely available, or bolted onNoneSeparate deployment and store
Who does the operationsThe vendorYour firm or contractorNobody, formallyUs, or your own team from the open source
How updates arriveAll tenants at onceAn upgrade projectNot applicablePer firm, verified, reversible
Time and money recoveryGood, if configuredVariable, often manualReconstructed at month endCaptured as work happens
ExitWhatever the vendor exportsYour data, but trapped in the formatNothing to exitComplete export; deployment is yours
Best forFirms wanting breadth operated for themFirms needing locality or no internet dependencyVery small practices with simple workFirms for whom confidentiality and control are the deciding factors
Procurement

Eight questions worth asking every vendor

Ask these of us too. The answers should be specific, written down, and the same on the second ask.

  • “Where does our data physically sit, and with whose data?” Ask for the structure, not a reassurance.
  • “What happens to our firm when another firm has an incident?” Blast radius is the question nobody asks until it matters.
  • “Can your isolation claim be checked in the code?” If the answer is “trust us”, that is an answer.
  • “How are updates delivered, and who is first?” Fleet-wide means your firm is a test environment.
  • “Show me a restore, not a backup schedule.” A drill record is worth more than a policy.
  • “What exactly do we get if we leave?” Format, timescale, and whether there is a fee.
  • “How does client money move through your ledger?” Ask for the double entry, and where it can be refused.
  • “What are the honest limits of your product today?” Every vendor has them. The interesting part is whether they will say so.
Read the procurement whitepaperState of LPM 2026
how openlpm answers its own questions
1
Its own database per firmno other firm exists in your deployment
STRUCTURAL
2
Portal on a separate deploymentcontaining only what you shared
BOUNDED
3
Source and build record are publicclaims are checkable, not just asserted
AUDITABLE
4
Honest limits listedincluding the boundaries we are still closing
STATED

Put us against your shortlist — live

Bring the systems you are actually considering. We will compare the parts that will still matter in year three, and we will say so if one of them suits you better.

Practice Notes

One email a month, for people who run firms.

How other firms handle the parts nobody enjoys — trust reconciliation, chasing debt, keeping procedure written down. No product announcements unless something genuinely changes for you.

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