Beware the sea lawyer

Sea lawyering, for lack of a better term, might be the world’s third oldest profession after prostitution and tax collection. Though ships are steel instead of wooden and crew training is much more advanced from the Shanghai days of yore, a constant is the presence of at least one know-it-all on the billet who is quick to educate you on taxes, the union contract and the Jones Act. Even if his intentions are good, take what he says with a grain of salt. Many a seafarer has blindly rejected a fair company settlement because of a misguided attempt to chase after the illusion of early retirement riches only to end up with neither one. Sailors have been hit with giant IRS penalties after taking advice from Joe Tax Lawyer in the crew’s lounge. The most important advice is to never act in haste when making legal or financial decisions.

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