Slater & Gordon’s compromise agreement solicitors negotiate and advise on compromise agreements for all employees at all levels of seniority. We are experienced in negotiating and advising on severance agreements ranging from relatively routine pre-agreed settlements to high-value and complex deals involving share options and structured payments.
On 29th July 2013 compromise agreements became known as settlement agreements. Employers sometimes offer a compromise agreement or severance agreement when terminating your employment.
The basis of a settlement agreement is that the employer offers you further financial compensation or another incentive (usually 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 compromise 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 and may attract potentially damaging publicity.
If you are offered a compromise agreement, you should take independent legal advice on the agreement as soon as possible. Slater & Gordon’s specialist compromise agreement solicitors can advise you on any claims you may have, and can negotiate the best compensation package in the circumstances, ensuring that the agreement is adequately drafted to provide you with the protection you require.
Settlement Agreements Expert Guide
Read our Settlement Agreements Expert Guide.
Compromise agreement online form
If you would like advice on your compromise agreement, please fill in the online form.
Alternatively, you can talk to one of our specialist employment solicitors about your compromise agreement.
Call our Compromise Agreement Solicitors on freephone 0800 916 9060 or contact us.
Slater & Gordon Lawyers have offices in London, Manchester, Liverpool, Birmingham, Milton Keynes, Bristol, Cambridge, Cardiff, Edinburgh, Newcastle, Sheffield, Wakefield & meeting rooms in Bramhall, Cheshire.
Already know your expert?
Find their contact details here: