Entries for the 2024 Innovation Cup are now open. Scottish solicitors, paralegals, trainees, other staff working in a legal team or firm, and student associates are invited to submit solutions to issues affecting the master policy, which provides compulsory professional indemnity insurance for Law Society members.

The winning entry will not require technical knowledge but must offer an idea to harness the potential of AI and technology.

Paul Mosson, the Law Society’s executive director of member services and engagement, and secretary to the Insurance Committee, said: “As we celebrate the Law Society’s 75th anniversary and look to the future of the profession, this is the perfect time to reshape the Innovation Cup. Technology and AI are a key part of that future.

“We will then look to our fantastic LegalTech community to help deliver the winning idea alongside Lockton. Our judging panel will be keen to know how the entrants’ ideas would work in this digital age.”

Edward Ambrose, UK head of professional indemnity at RSA, said: “We are in an unprecedented age for technical innovation and digital solutions. To this end we are seeking entries that will use technology to provide a solution to reduce risk for a problem or a process, especially in areas where we receive the most claims and complaints against the Master Policy.

“We’re excited to see what innovative solutions this year’s entrants put forward.”