We perform the dynamical system analysis of a cosmological model in the energy-momentum squared gravity (EMSG) of the form f (Tµν T µν ) = α ln(λTµν T µν ), which is known as energymomentum log gravity (EMLG). In particular, we show that the analytical cosmological solution of EMLG presented by Akarsu et al. (Eur. Phys. J. C 79:846, 2019) is a future attractor. It includes new terms in the right-hand side of the Einstein field equations, which yield constant inertial mass density and provide a dynamical dark energy with a density passing below zero at large redshifts, accommodating a mechanism for screening Λ in the past, suggested for alleviating some cosmological tensions. We show that the model gives rise to an entire class of new stable late-time solutions with H → (Λ + 2α)/3 as a → ∞, where the new term is due to the constant effective inertial mass density that arises from EMLG contribution of dust, whereas H → Λ/3 as a → ∞ in the ΛCDM model. We also show existence of new interesting features and trajectories that are absent in the ΛCDM model.