Why you should use management rights experts
You would not go to a general practitioner for brain surgery.
It is for the same reason you should not go to your local lawyer for a management rights matter.
Some people play them down as being simple but they are not. There are a myriad of things that lawyers who don’t practice regularly in management rights simply will not know how to handle.
When investigating a management rights purchase or sale, you will no doubt repeatedly hear that you should (or must) use an industry expert. As you would expect us to, we cannot recommend this strongly enough. Some people disregard this and use their usual lawyer, accountant or their local bank.
More often than not, these are the clients that we end up assisting after things have taken a turn for the worse. Management rights is a very specialised area.
Using someone who does not know what they are doing to assist you will be an experience fraught with frustration (through your advisor not knowing what is going on and not being able to assist you) and financial danger, which is usually the result of bad advice.
Many people call themselves experts. It is easy to advertise that. If they do, don’t be afraid to ask for testimonials from other management rights clients. Ask them how many management rights transactions they are currently working on, or how many management rights clients they have advised over the last few months. Investigate how committed they are to the management rights industry. Ask the other industry professionals you are working with how often they have dealt with your advisors.
Hynes Legal are management rights experts. We live and breathe management rights.
We will have answers to all of your management rights questions – quite possibly before you know you need to ask them. Others don’t.
We are not the cheapest but nor are we the most expensive. What we provide is real value for money.
Testament to that is the fact that we normally have 50 or more management rights transactions on foot. Many of those are new clients but a lot of those are repeat clients. They know what we are like to deal with and quite often signed contracts hit our desk before we have even given a quote – that is how much our client’s trust us.
Ask our experts
Madeline Walsh is a Senior Associate in the aged care and retirement living group at Hynes Legal.
Madeline acts for a wide range of private and not-for-profit aged care and disability services providers. Madeline advises providers on their legislative responsibilities, risk management, compliance issues, commercial arrangements and critical incident management.
Madeline works actively with key stakeholders in the aged care sector to enhance her understanding of the issues that are relevant to her clients. She adopts a highly consultative approach to work efficiently with clients across a range of matters.
With a keen interest in home and community care and disability services, Madeline provides practical advice to clients on the latest legislative and Government policy changes and emerging trends in these key areas.
Madeline has extensive experience in drafting a range of complex legal documents including home and residential care agreements and policies and procedures to ensure compliance across a broad spectrum of legislation. Her experience and intimate understanding of the sector means she is able to develop practical documents that are easy to use and expressed in plain English.
Areas of practice
- Aged care & Retirement Living
- Coronial matters
- Regulatory compliance
- Bachelor of Laws
- Admitted as a solicitor of the Supreme Court of Queensland
- Advising clients in relation to recent legislative amendments including the Increasing Choice in Home Care reforms and changes to the Aged Care Funding Instrument.
- Assisting providers to prepare for the roll out of the National Disability Insurance Scheme by providing practical advice and drafting a client service agreement suitable for a broad range of NDIS participants.
- Advising residential aged care providers in relation to complex resident issues including security of tenure and financial arrangements.
- Preparing Commonwealth funding and grant applications such as applications to obtain residential and Short-Term Restorative Care places in the recent Aged Care Approvals Round and Commonwealth Home Support Programme Growth Funding applications.