It is a pleasure and privilege to have been invited to give a lecture in this distinguished series and to have this opportunity to consider how we can ensure that the courts that serve the business community build on their reputations, their expertise, and remain centres of excellence. There are perhaps two contrasting reasons for doing this. The first is what may be seen as becoming an increasingly competitive market place between jurisdictions and types of dispute resolution. The second is the discharge of the duty of commercial courts to work together to uphold the rule of law and so underpin international economic cooperation and prosperity. Both reasons require these courts to ensure they meet the needs of the business community. Let me turn first to the market in justice.