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Rule of Law

What is the Rule of Law?

The rule of law is the foundation for the development of peaceful, equitable and prosperous societies. We believe there are four key areas that form the umbrella protection of the rule of law.

LexisNexis expresses the Rule of Law in their Rule of Law Definition:

Why is the Rule of Law important?

The Rule of Law is the foundation of all other rights. Without the Rule of Law, nothing else works:

I. Without the Rule of Law, there is no contract system (how do you do business, how do you enforce your contracts, how do you make money?)

II. Without the Rule of Law, there is no protection for intellectual property (how do you protect your business, inventions and assets?).

III. Without the Rule of Law, there is no protection for personal security and abuse (of all kinds).

IV. Without contracts, protection of IP, personal security, investment is stunted, capital growth slows, and commerce cannot flourish.

The Rule of Law is not just a “nice to have”, it is an absolute necessity for success. The Rule of Law is not merely an issue for developing countries; it is under constant threat in all countries of the world and we must be vigilant everywhere.

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The LexisNexis Rule of Law initiatives

LexisNexis has developed a Rule of Law Tracker. Countries are scored against 44 indicators across eight categories, based on interviews with 100,000 households and 2,400 experts around the globe.

LexisNexis partnered with the International Bar Association in London to create eyeWitness to Atrocities. eyeWitness combines law and technology to assist human rights defenders in documenting and reporting human rights atrocities in a secure and verifiable way, so the information can be used as evidence in a court of law.

The LexisNexis Rule of Law Award

ELSA and LexisNexis wish to honour Rule of Law commitment among law students and young lawyers across Europe. Therefore, the ELSA x LexisNexis Essay Competition on the Rule of Law sought to raise the awareness of law students and young lawyers across Europe and across the globe, on the importance of the Rule of Law. We encouraged law students and young lawyers to engage actively with the Rule of Law in asking them to answer the following question:

“How can you, as a law student or young lawyer, contribute to advancing the Rule of Law?”

The winning essay was drafted by Vissarion Petrikis from the Aristotle University of Thessaloniki. Below, the reader may find the winning essay of the competition.

The winner of the essay competition was announced at the Annual Reception of ELSA, which was moved online in response to the Covid-19 pandemic. ELSA and LexisNexis are honoured to present the essay and hope you enjoy reading it.