Settlement Agreements
If you are seeking advice and guidance on business settlement agreements, whether as an employee or an employer, get in touch with Liberty Law Solicitors now. Our team will assist you in navigating the process of handling settlement agreements and offer expert legal advice tailored to your needs.
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Our Reputation
We boast unparalleled expertise in handling settlement agreements, encompassing comprehensive advice, meticulous review, and efficient execution. Our legal team possesses the acumen to detect any deficiencies in drafted agreements or intricately worded clauses, and we are dedicated to seizing advantageous opportunities on your behalf.
If you find yourself facing redundancy, termination due to health or stress, performance issues, or dealing with workplace restructuring, our firm is here to provide the guidance you need.
Regardless of your specific objectives – whether it involves finalising a pre-agreed settlement or entrusting us to renegotiate with your employer – you can rely on our firm's resolute, expedient, and professional approach tailored to meet your instructions and goals
What is a Settlement Agreement?
A settlement agreement, formerly known as a 'compromise agreement' and sometimes referred to as a 'severance' or 'redundancy agreement,' is commonly offered to employees at the end of their employment tenure, especially in cases of redundancy. However, there are instances where employers may extend settlement agreements during employment under specific circumstances.
These agreements serve as a means for employers to provide financial compensation to employees who have either made claims against them or have the potential to do so. Utilising settlement agreements can effectively resolve disputes between employers and employees, avoiding the expenses and inconveniences associated with employment tribunals.
It is vital to understand that the settlement agreement holds legal validity and binding force only when the employee seeks legal counsel regarding its terms and implications. An experienced employment solicitor plays a crucial role in providing the necessary assistance and guidance in this regard.
How we can help you!
Our team of settlement agreement solicitors is here to offer valuable assistance through the following services:
Thoroughly reviewing the terms of the settlement offered by your employer to ensure fairness and absence of unjust conditions.
Providing a comprehensive explanation of the implications and consequences of signing or accepting the settlement agreement, tailored specifically to your unique situation. We will advise you on any necessary amendments or modifications.
Skillfully negotiating on your behalf to secure the most advantageous outcome, safeguarding you from potential future risks.
Offering expert legal counsel, especially if you plan to continue working for the employer post-settlement agreement finalisation.
Advising you on any potential claims that may arise upon termination of employment. Additionally, we will assess the value of these claims and determine if the offered sum aligns reasonably with the circumstances