No-code is an approach to building solutions that require zero coding experience. It enables legal tech companies to build apps, create easily navigable interfaces, and streamline activities.
The global low-code development platform market is forecasted to reach a valuation of USD 187 billion by 2030 as well as see a 31% CAGR hike in 2030 as compared to 2019. By 2024, 74% of large-scale organizations will be at least using four low-code development tools to accelerate their citizen development initiatives. Companies like Linklaters and Clifford Chance have collaborated with no-code legal tech companies recently and accumulated several benefits such as increased ROI, better efficiency, cost-savings, and expedited service deliveries.
How No-Code Development is Used in Law
No code development offers the following features:
- Pre-configured databases and server-side applications
- Drag-and-drop interfaces
- Visual modeling tools, data connections, and UI builders
- Customizable templates
No code development platforms can build a wide range of legal tech applications such as:
- Customer relationship management (CRM) systems and project management tools
- Legal websites, contact forms, e-commerce apps, and web service integrations
- Invoice management and payment processing workflows
- Native mobile applications for Android and iOS
- Social media management and marketing solutions
Here are different ways no-code platforms are used in Law:
Businesses can set up centralized databases to save, organize, and access legal information. Workflow automation in legal tech makes sending alerts and reminders to clients a lot easier as well as a hassle-free process.
Businesses can unify case management and improve overall client service deliverables and efficiency. No-code platforms offer unmatched benefits such as automated workflow management, enhanced client communications, court case status tracking, and centralized repositories for handling case documents.
Attorneys can create standardized templates that can be used by various clients and cases. From non-disclosure agreements to partnership deeds, rental agreements, and leases – the possibilities and formats are limitless. It saves time and final agreements can be made on the fly with no risk of human errors.
Invoice Management and Billing
Lawyers can track time spent on cases, create reports, and send invoices to clients. No code tools make it convenient to get consolidated views of dashboards, monitor payrolls, and process refunds. They are cost-effective, give full control over litigation, and streamline dispute management practices.
Another benefit is continuous regulatory compliance as these solutions adhere to the latest industry benchmarks, thus helping businesses ensure data privacy, and integrity, and help to prevent potential lawsuits.