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Gorvins’ Employment Law Solicitors are experts in negotiating and advising on Settlement Agreements for all employees at all levels of seniority.

If you have received a Settlement Agreement or are due to receive a Settlement Agreement then it is imperative you get it signed by an independent legal expert. Contact our expert employment law team on 0343 507 5151, e-mail employmentteam@gorvins.com or fill in our online form and we will call you back.

What is a Settlement Agreement?

In July 2013 Compromise Agreements became known as Settlement Agreements, but can also be referred to as Severance Agreements. A Settlement Agreement is a legally binding contract that prevents an employee from suing their employer, usually in return for a sum of money. This is usually done in agreement of not bringing employment law related claims against their employer.

Employers usually insist on the formality of a Settlement Agreement, where you, the employee, is obliged to obtain independent legal advice. A properly drafted and negotiated 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.

Gorvins Advice on Settlement Agreements

If you are offered a Settlement Agreement, you should get expert legal advice on the agreement as soon as possible. Settlement Agreements are required to be drafted in the correct legal terms and for it to be legally binding, you must have it fully explained to you by a qualified employment law solicitor. From the moment that a settlement agreement has been signed, the employee will no longer have the right to make an employment tribunal claim and must abide by the clauses set out in the document.

With many organisations now using Settlement Agreements instead of formal redundancy packages, it is important for individuals to appreciate that they cannot be forced to agree to an employer’s settlement terms unless they are completely happy with them.

How can Gorvins help?

Due to the nature of a settlement agreement, they are often written in very formal legal language, which may be difficult for you to understand.  Everything will be explained to you in plain English, ensuring that you are totally happy with the terms that have been set out.

Gorvins’ specialist Employment Solicitors will give unbiased advice to negotiate the best compensation package for you. In terms of costs, since your employer will benefit from the waiver of your claims, they will usually, as far as possible, cover our charges so you don’t have to pay us anything.

Contact our Employment Law team today

For a consultation and expert legal advice about a settlement agreement contact one of our employment law solicitors on 0343 507 5151, e-mail employmentteam@gorvins.com or fill in our online form and we will call you back.

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