Being given a settlement agreement (formerly known as a compromise agreement) can be stressful and emotive, and if you don’t get independent legal advice, the agreement won’t be binding.
What’s more, if you believe you have a claim against your employer, you should not sign the agreement and should seek legal advice immediately.
Our employment solicitors have significant experience of guiding people through the settlement agreement process, negotiating the most favourable terms for clients and ensuring your interests are protected.
Very often employers pay, or contribute to, the legal fees associated with a settlement agreement, so it is possible there will be no cost to you.
Laura Franklin, Employment Associate
Your case will be dealt with by a qualified employment solicitor who has significant experience of negotiating settlement agreements.
We understand that you will want to resolve matters and move on with your career, which is why we make sure our settlement agreement service is swift and efficient.
We’ll explain everything to you clearly, providing independent, jargon-free advice, and making sure you know the implications of the agreement and are 100% happy with it before you make the decision to sign.
We will review the terms and explain them to you, discussing how the agreement came about. If you are happy to proceed, you will sign the agreement. We will also sign the document and send it to your employer on your behalf. You will receive a completed copy either from the company or from us. If your leaving date is in the future, you go to work as normal until then, otherwise you are no longer an employee and (subject to the terms) are free to get a new role, retire, take a work break or even a holiday.
If your employer is paying the cost of your legal fees as part of the agreement, we will invoice them directly on your behalf.
A settlement agreement is a legal document. Without legal advice the agreement is not binding. When you sign a settlement agreement you are effectively agreeing to forego your employment rights and not bring any claims against your employer.
Most settlement agreements state that you must not discuss the terms of the agreement with anyone or, in some cases, must keep secret that the agreement exists.
If you have an enquiry, please do get in touch with us. We would love to help.
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Our experienced solicitors are ready to guide you through and provide you with the very best legal advice possible.
We look forward to hearing from you.