Settlement Agreements Solicitors
If you are about to leave your job or have your employment terminated, your employer may ask you to sign a settlement agreement. Our employment specialists are experts in negotiating and advising on settlement agreements, ranging from routine pre-agreed settlements to high-value, complex deals involving share options and structured payments.
The principle behind a settlement agreement is an employer offers you financial compensation or another incentive, often beyond your contractual entitlement, to enter into the settlement agreement. In turn, by signing the agreement, you give up your right to bring an employment-related claim against your employer.
If negotiated properly, a settlement agreement can be a very effective way to ensure that you are adequately compensated for the termination of your employment without the need to bring a formal claim against your employer, which can be expensive and time-consuming. .
If you are offered a settlement agreement, you will need to get independent legal advice which is typically paid for by the employer.
For more information or to book an appointment, please call us today on 01925 230000. Since July 2022 FDR Law is now part of the AICC Group which includes top 60 UK law firm Taylor Rose MW. The lawyers from FDR Law are still based at 1-3 Palmyra Square South, Warrington, WA1 1BZ. You will get the same legal services as before, only the name has changed.