Our employment law team are highly experienced in reviewing and negotiating settlement agreements. If you are an employee that has been given a settlement agreement you will receive advice that you can trust. It is standard practice for your employer to pay for you to receive independent legal advice so that you understand the impact of signing the settlement agreement.
A settlement agreement (previously called a compromise agreement) is a legally binding contract between an employee and an employer. Once signed it takes away the employee’s rights to make a claim in a court or tribunal. Our team can help identify any circumstances you may want to raise prior to signing which could result in the initial offer being improved. In exchange, the employer promises various payments, usually beyond what the employee is legally entitled to. Settlement agreements can be used to end an employment relationship, settle disputes whilst still employed or to settle claims already issued at the Employment Tribunal, such as unfair dismissal.
If you are an employer that would like advice on how to draft an effective settlement agreement that will limit the amount of time and reduce expensive negotiations please visit our Settlement Agreements for Employers page.
In most cases your employer will cover all our charges for advising on a settlement agreement. This means you pay us nothing. Sometimes however your employer’s contribution is insufficient and as a first port of call we would ask your employer to increase this. No extra costs are incurred without your prior approval.
Our employment team are experts in taking clients through what is often a difficult time in order to deliver peace of mind and achieve the best possible outcome in the circumstances.
With extensive experience across all employment law matters our team can also provide guidance on bringing claims including dismissals, redundancies, discrimination and harassment.
For more guidance please click one of our useful resources below:
Book your consultation session today to discuss your settlement agreement with an experienced solicitor who can advise you on your next steps.
Call the Maidenhead team on 01628 671636 or the Newbury team on 01635 508080.
Alternatively please complete the following enquiry form and the team will get back you shortly.