I wonder what is the differences between international trade law and Maritime law?
and which one has more job opportunities?
International trade VS Maritime law
Posted May 04, 2021 14:39
and which one has more job opportunities?
Posted May 14, 2021 20:54
Hello, I may assist some of an explanation.
The differences are international law and which area of business you will deal with. International trade covers most of the investment in each country between foreign investors and the state. The disputes mostly involves by the virtue of States rather than investors. So, it leans on the public international law side. Whilst, maritime law is a commercial law incorporating with maritime logistic which is different from the Law of the sea. Most of the disputes are insurance over maritime transaction in my understanding. Thus, the difference is between public and private law instead. However, if you are keen on the treaty interpretation, it will be on prospective of international law.
I would say that the maritime law yields most of possible markets for international lawyers rather than international trade. However, some law firms provides international trade disputes consultation. As there are no formal dispute mechanisms, the court, most of disputes are settled on arbitrations or ADR. Thus, if you are more of public law people, you will enjoy international trade whilst if you enjoy contract formation or maritime disputes, it should be maritime law. Besides, there are few schools specialized in Maritime Law. Those graduates are to be assets.
Posted May 14, 2021 20:56
In addition, you may seek local remedy such as domestic court in both legal regime as an investor but you should also be acquired with such country’s legal knowledge as well. It’s difficult for international lawyers but possible, if you are competent.
Posted May 16, 2021 11:11
In addition, you may seek local remedy such as domestic court in both legal regime as an investor but you should also be acquired with such country’s legal knowledge as well. It’s difficult for international lawyers but possible, if you are competent.
Thank you so much p! your comments were helpful.
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