Innovation Cup 2018 The competition is now closed
Innovation Cup invites bright ideas
A new competition has been launched to tap in to the expertise of the Scottish legal community and improve risk management across the profession.
The Innovation Cup encourages innovation amongst Scottish solicitors, trainees, cash-room staff, Accredited Paralegals and students inviting their bright ideas for risk management strategies. The ‘brightest’ risk management idea will be shared across private practices and rewarded with a £1,500 cash prize.
The brain child of the Law Society of Scotland, Master Policy lead insurers RSA and brokers, Lockton, this initiative acknowledges the risks and responsibilities shouldered by private legal practices on behalf of their clients and aims to inspire new risk management solutions from within the profession.
David Cullen, the Law Society of Scotland’s Registrar said, “Scottish solicitors see their private clients through some of the most important times of their lives. From buying a home, to defending a criminal accusation or dissolving a marriage, the risks, whether financial, emotional or reputational, are considerable.
“This competition is designed to inspire Scottish solicitors, trainees, cash-room staff, paralegals and students, to share innovative techniques for risk management, RSA will reward them for their efforts and the profession will benefit from improved ways of working.”
Competition entries are invited with ideas to improve systems, processes or controls within private practice firms and can range from a simple tweak to an existing process all the way up to something completely new.
The competition is open to all Scottish solicitors with a practising certificate, trainees, cash-room staff working in or for private practice law firms, accredited paralegals and student associates.
There will be a cash prize of £1,500 for the winning entry provided by RSA and a commitment to help implement the idea.
Entries will be judged by two members of the Law Society Insurance Committee, three representatives from RSA and one representative from Lockton. The winner will be announced by 29 June 2018.
- The competition is open to UK residents, aged 16 or over excluding employees of the
- Law Society of Scotland, RSA Group, Lockton Companies LLP and their families or members of the Law Society Insurance Committee and their families.
- To enter the competition entrants must be either: a solicitor holding a practising certificate, a trainee solicitor, cash-room staff within a private law firm in Scotland, an accredited paralegal in Scotland or a student associate.
- No purchase is necessary.
- The start date for receipt of entries is 18 April 2018. The closing date is midnight on the 31 May 2018.
- Entries are limited to one per person.
- Any entry that is lost or misplaced, incomplete or fraudulent, or which otherwise does not comply with these rules, will be disqualified.
- The winner of the competition will receive a £1,500 cash prize.
- The judges will choose the winner from all, eligible entries received.
- The winning entry will be the one that in the opinion of the judges provides the best idea to improve systems, processes or controls within private practice law firms.
- The winning entry will be decided within four weeks of the closing date and the winner will be notified by email or telephone one week thereafter.
- Winners may be required to participate in any after event publicity and hereby consent to the use of their names, locations and photographs.
- All entrants agree to be bound by the terms and conditions of this competition.
- The winner’s name will be available on request by sending an SAE to the promoter within six weeks of the closing date.
- The decisions of the judges and promoter are final and no correspondence will be entered into.
- The promoter is The Law Society of Scotland, Atria One, 144 Morrison Street, Edinburgh EH3 8EX.
- The winning entry will not be returned.
- By submitting an entry you confirm that the entry is your own original creation and you agree that the promoter may reproduce the entry for publicity in relation to this and other promotions.
Master Policy
Find out more about the Master Policy, professional indemnity insurance for the Scottish legal profession.