This means it is also a business that inevitably mixes practicalities with emotions.
With a Managing Partner who also owns a local farming enterprise, Maddens Lawyers is in a unique position to understand, appreciate and, in many cases, foresee the issues, needs and opportunities relative to farming and agribusiness clients.
The physical and time demands of farming mean anyone who commits to this lifestyle requires passion, first and foremost.
Then it's also important the business model makes sense. And that all parties involved are protected, along with the investments they are making.
So often we see important arrangements to be made informally, on the back of unspoken or historic agreements or arrangements.
While this is a nice idea - and a common occurrence - these type of arrangements rarely cater for the times when things don't go to plan; when milk prices change. Or one half of the partnership wants to try something new, while the other is keen to maintain status quo.
Discussing and identifying solutions to these situations is where Maddens clients benefit most from our hands-on experience and first-hand knowledge of the business of farming, combined with our legal expertise.
Law Institute of Victoria Accredited Specialist - Business Law PH: 03 5560 2000
PH: 03 5560 2000
Law Institute of Victoria Accredited Specialist - Business Law, Taxation Law PH: 03 5560 2000