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Pros
Pro Assign tasks to people outside Teamwork
For outside freelancers who are not members of your teamwork system, the system will send them the task by email.
Pro Task Templates
You can create a task list template and quickly insert it into a new project. For example, there might be 40 tasks involved with setting up a new Wordpress site for my client. With Teamwork, you just insert the task template for the new client and are ready to go.
Pro Allows for tasks and subtasks
Many other task management systems lack subtasks
Cons
Con Not free
Does offer a free trial. Some integrations require higher level of membership.