Settlement Agreements

 

Our Employment solicitors are specialists in advising on settlement agreements, negotiating termination packages and, where appropriate, litigating disputes in the Employment Tribunals and County Courts.

Employees often think that the most important thing about the Settlement Agreement is that it sets out what will happen upon the termination of their employment, including their last day of service, what and when they will be paid, what reference they will get and so on. And, of course, those details are extremely important.

However, it is also important to note that Settlement Agreements are the only way that an employer can ensure that there is a clean break following the termination of the employment. All employees (and workers) have statutory rights which they are entitled to enforce in an Employment Tribunal. No matter how amicable the termination of the employment relationship, if statutory rights have been breached, the employee will always be able to litigate on those rights unless there has been a valid compromise by way of a Settlement Agreement. Therefore, from an employer’s perspective, it is an attractive option to get an employee to sign a Settlement Agreement.

In addition to trying to ensure that there is a clean break, the employer might also insert other clauses into the Settlement Agreement such as ‘gagging clauses’ or clauses that prevent you from taking up certain types of work.

For this reason, the employer will often offer additional compensation or another attractive incentive to encourage you to sign the Agreement. It is very important to ensure that you get the advice that you need, to ensure that you properly understand the rights and responsibilities that arise out of the Agreement.

Our employment law solicitors are specialists in advising on all types of Settlement Agreements ranging from the relatively routine through to the complex, contentious and high value.

Our Employment Advice Services

Our specialist Employment Law team can assist you by: –

  1. Advising you of the legal implications of the circumstances in which you came to be offered a settlement agreement
  2. Advise you on the terms and effect of the settlement agreement
  3. Advise you on the inclusion of any specific additional clauses in the agreement to protect your interests
  4. Advise you on the tax implications and structure your settlement agreement to be tax efficient
  5. Negotiate the best possible deal for you
  6. Sign the adviser’s certificate of your agreement if you choose to accept it
  7. If you chose to reject the settlement agreement, we can assist you to bring a claim in the Employment Tribunal or County Court for compensation.

We are able to offer very competitive rates and fixed fee packages for our work. All our initial advice is provided by qualified solicitors and offered for free, so please call us on 0208 591 3366 or request a call back through the website.

Why choose Sternberg Reed?

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0208 591 3366
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Solicitors in Stratford

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0208 591 3366
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