We advise on hundreds of settlement agreements (formerly called compromise agreement) each year across the UK. We will explain the technical terms in plain English, advise you of the options available to you and work hard to ensure you receive an outcome that you are happy with.
When the relationship between employer and employee breaks down, one solution is for both sides to enter into a settlement agreement. This is a legally binding agreement which allows the employee to receive an agreed tax free lump sum in return for agreeing not to pursue their case to Tribunal.
The settlement agreement must be in writing to be valid, specify the dispute being settled, and state that the conditions governing settlement agreements have been complied with. The employee must also have received independent legal advice on the agreement from a qualified person, such as a solicitor, insured to provide it.
If you require legal advice in relation to a settlement agreement it is important that you select a firm with the necessary level of expertise to make sure you receive the best outcome possible. Our employment lawyers deal with hundreds of settlement agreements every year and are experienced acting for employees at all levels, with particular expertise dealing with complex settlement agreements for senior executives and in situations where mass redundancies are being made. We will explain the technical terms in plain English and advise you of the different options available to you. In many cases we are able to negotiate an improved offer for our clients.
Sometimes an employer will provide you with a list of recommended lawyers but ultimately you are free to instruct whoever you wish.
Your employer will usually provide a contribution towards your legal fees and in the majority of cases this will be sufficient to cover the whole bill. However, each settlement agreement is different and relates to your own particular situation. Our fees will depend on the extent to which you want us to negotiate on your behalf and how those negotiations proceed, but we will keep you fully appraised of our fees and will be responsive to your needs. At the end of the day our aim is to make sure that you receive an outcome that you are happy with.
We provide specialist settlement agreement advice from our offices in London (Mayfair, Canary Wharf and the City) and Reading. Our specialist employment lawyers have years of experience advising on settlement agreements and are often referred work by other law firms. Since we offer high quality advice to both employers and employees we are able to see the bigger picture and understand how both sides think, helping the whole process to run smoothly.
We know that your settlement agreement is important to you and will negotiate with your employer on your behalf where necessary, amend the terms of the agreement to your satisfaction and ultimately ensure that you receive the best outcome possible.
Don't worry if you are not close to any of our London City, London Mayfair, Canary Wharf or Thames Valley offices. We advise clients across the whole of the UK and in most cases can advise you over the phone, saving you the time and the cost of attending meetings - unless of course you would prefer to do so.
If you would like Doyle Clayton's specialist settlement agreement solicitors to advise you on your settlement agreement please either phone one of our offices or complete our enquiry form, indicating if you have a preference for which office you would prefer to work with. We will contact you with an estimate of likely costs and details of the next steps if you would like to proceed. Doyle Clayton Employment Solicitors have offices in London (City, Mayfair and Canary Wharf) and the Thames Valley (Reading))
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