Understanding Settlement Agreements
Our expert will then be in a position to advise you in relation to your employer’s proposed offer to include guidance on their offer of termination payment (it may well not be enough) and whether or not you have a potential claim against your employer.
On Settlement Agreements, your employer will usually make a contribution towards your legal fees and it may not be necessary for us to ask you personally for any payment towards our costs. However, in more complicated cases, where we are asked to carry out extensive negotiations to secure a better package for you, we may have to seek a higher contribution from your employer or where that is not possible, we will discuss any additional charges directly with you but always in advance.
How we can help
Independent legal advice on your agreement
We will review your Settlement Agreement and explain the terms clearly so you understand exactly what you are signing.
Assessing the financial offer
We will advise whether the proposed payment is fair and whether there may be scope to improve it.
Identifying potential legal claims
We will assess whether you may have claims that could strengthen your negotiating position.
Negotiating improved terms
Where appropriate, we will negotiate better financial terms or amendments to key clauses on your behalf.
Reviewing post-termination obligations
We will explain any restrictive covenants or confidentiality clauses and how they may affect your future employment.
Clear advice on legal fees and contributions
We will confirm what your employer will contribute towards legal fees and discuss any additional costs with you in advance.
