The Boating Barrister
The Boating Barrister: Banking Coin – How to Make a Salvage Claim
In aid of preventing the loss of vessels and their cargo to the sea, the law of maritime salvage tosses the concept of time and materials billing overboard and embraces the monetary mechanics of a salvage award. That is, a volunteer who successfully renders aid to a vessel in distress is entitled to an award for his/her efforts which is almost always far in excess of any time and materials calculation.