Beyond Panama's iconic Canal and dazzling natural beauty lies a robust legal system, grounded in traditions and regulations that have matured over time. Whether establishing business, investing or dealing with legal issues in this territory, a thorough understanding of its legal framework is crucial. In the following lines, we unravel the roots and particularities of the Panamanian legal system, and highlight the importance of relying on local lawyers for an agile process and rigorously aligned with the laws.
Panama follows a civil law system, mainly influenced by the Spanish model and, to a lesser extent, by the French and American models. Thus, the country has a legal structure based on codes and written laws.
The highest body in the Panamanian judicial system is the Supreme Court of Justice, composed of nine magistrates and organized in three chambers: Civil, Criminal and Administrative. At the intermediate level are the superior courts and, at the base, the municipal and circuit courts.
The Political Constitution of the Republic, adopted in 1972 and with multiple reforms to date, represents the fundamental norm that governs the country's legal system.
The history of Panamanian law can be traced back to colonial times, when Spanish laws governed the territory. However, with the independence from Spain in 1821 and the subsequent union to Gran Colombia, Panama adopted Colombian law.
The 20th century brought significant changes. With the separation from Colombia in 1903, Panama began to develop its own legal identity. During the first decades, several essential codes were adopted, such as the Civil Code and the Commercial Code, which are still relevant today.
The creation of the Panama Canal and its subsequent transfer to Panamanian control in 1999 also influenced legal development, establishing specific regulations for its administration and operation.
When facing legal challenges in a foreign country, the figure of the local lawyer is irreplaceable. Here are some reasons why it is essential to have **lawyers in Panama** when dealing with legal matters in the country:
1. In-depth knowledge of the system: A local lawyer knows the particularities and nuances of the Panamanian legal system.
2. Network of contacts: Experience in the field allows establishing relationships with other professionals, facilitating processes and resolutions.
3. Constant updating: Laws can change. A lawyer in Panama keeps up to date with legal reforms and adjustments.
In short, the Panamanian legal system, with its rich history and detailed structure, requires careful navigation. From JVD Consultores, with our team of lawyers in Panama, we are ready to advise and guide in any legal procedure or consultation in the country.
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