Settlement Agreements
Settlement Agreements
Employment settlement agreements (formerly known as compromise agreements) are extremely common these days and Andrew Macmillan is one of the UK’s leading experts in providing advice on them.
Employment settlement agreements (formerly known as compromise agreements) are extremely common these days and Andrew Macmillan is one of the UK’s leading experts in providing advice on them.
You may be offered a settlement agreement as part of a redundancy package, on a TUPE transfer, if you have been on long term sickness absence or to resolve an ongoing conflict or dispute.
Whatever the background, your employer will insist on you taking proper independent legal advice otherwise the agreement will not be legally binding.
You may be offered a settlement agreement as part of a redundancy package, on a TUPE transfer, if you have been on long term sickness absence or to resolve an ongoing conflict or dispute.
Whatever the background, your employer will insist on you taking proper independent legal advice otherwise the agreement will not be legally binding.
You should never accept the terms of any settlement agreement without letting us look it over first.
Important changes are often required to protect your position fully and we regularly negotiate better and more attractive settlement packages for our clients. Needless to say, our happiest clients are the ones we secure extra money for!
You should never accept the terms of any settlement agreement without letting us look it over first.
Important changes are often required to protect your position fully and we regularly negotiate better and more attractive settlement packages for our clients. Needless to say, our happiest clients are the ones we secure extra money for!
It may not always be in your best interests to enter into a settlement agreement, but this will depend on the individual circumstances of your particular situation.
Your employer will usually pay a contribution towards your legal costs and, in the majority of cases, this will cover your costs fully.
It may not always be in your best interests to enter into a settlement agreement, but this will depend on the individual circumstances of your particular situation.
Your employer will usually pay a contribution towards your legal costs and, in the majority of cases, this will cover your costs fully.