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Slater and Gordon’s Settlement Agreement Solicitors negotiate and advise on compromise agreements for all employees at all levels of seniority. For expert advice or immediate legal representation call freephone 0800 916 9060 or contact us online.
Slater and Gordon Lawyers are experts 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.
In July 2013 Compromise Agreements in the UK became known as Settlement Agreements. Employers sometimes offer a compromise agreement or severance agreement when terminating 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 get expert legal advice on the agreement as soon as possible. Slater and Gordon’s specialist Settlement Agreement Solicitors can advise you on any claims you may have, and can negotiate the best compensation package in your circumstances, ensuring that the agreement is adequately drafted to provide you with the protection you require.
For more detailed information download and print our legal advice guide about Settlement Agreements.
For expert legal advice about a compromise or settlement agreement call the freephone number below or send us the details by completing this short online form.
Slater and Gordon Lawyers is one of the UK's largest and well known law firms with offices in Newcastle, London, Manchester, Ashton-Under Lyne, Liverpool, Chester, Birmingham, Sheffield, Cardiff, Edinburgh, Cambridge, Milton Keynes, Preston, Wakefield and Wrexham.