The Deputy President of the UK Supreme Court, Lord Hodge, has given a lecture on the Rule of Law, the Courts and the British Economy, with a particular emphasis on the role of the courts in the legal profession, and the role that business people play in upholding the rule of law. In the paper, Lord Hodge asserts that the pre-eminence of English law in commerce is in part due to England’s economic history and the way in which common law has developed and that the interaction between the judiciary, the legal professions, the business community, the Government, and Parliament should continue to play a vital role in maintaining England’s reputation as an outstanding provider of international legal services. Lord Hodge has also considered the past, present and future of the commercial courts as well as what innovation is required to maintain its position.