P2P

16 P E E R T O P E E R : I L T A ' S Q U A R T E R L Y M A G A Z I N E | S U M M E R 2 0 2 0 face of the COVID-19 crisis and addresses one of the many challenges facing its clients during the current pandemic. To cater for clients hospitalized or in quarantine because of the pandemic, Bryan Cave Leighton Paisner's (BCLP) created an online, easy-to-use solution which enables clients who are planning their estates to quickly find the up-to-date basic signing requirements for their particular jurisdiction. The solution solves a complicated dilemma for clients as the rules requiring wet-ink signatures and witnesses to be physically present vary widely from state to state in the U.S. Starting with a clearly identified issue which became exacerbated by COVID-19, BCLP's Private Client Group and Global Innovation Team developed the digital solution in a matter of days and allowed their clients to receive immediate guidance and clarity on the execution issues so they could focus on what matters most during this time – family and healing. The Minimal Viable Product (MVP) Before I delve into more of what you can do with a no-code platform, I want to touch on a key benefit of using rapid development, no code platform – the MVP approach. An MVP is a Minimum Viable Product – or a learning vehicle. What is the smallest thing that you can build that delivers value to the customer? I believe one of the biggest challenges with implementing legaltech is also why lawyers are so good at their jobs. I have lost count, the amount of times a product timeline has been delayed because every single detail needs to be perfect before even deploying the first iteration. And when it is FINALLY deployed, further changes from testing, client feedback, UAT means the timeline is pushed back even more. You want an MVP which you can release, validate and iterate. And what better way to do it than with a no code, rapid development platform where you can design something, build it quickly, deploy to the early adopters and if changes are required, being able to implement those quickly. What can you REALLY do with no-code platforms? I'm always of the view that there are two buckets of no-code platforms out there. The first is quite basic and only allows users to build simple question forms, logic / reasoning and basic outputs i.e. a word document. If basic digital solutions are your goal, then these would be the ones to go with. Neota Logic falls within the second bucket. These no code platforms enable users to create highly complex expert systems and workflow automation solutions. As an example, Neota Logic's Hybrid Reasoning Engine offers 3 core competencies: 1. Expertise Automation 2. Document Automation 3. Process and Workflow Automation F E A T U R E S "You want an MVP which you can release, validate and iterate."

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