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Our experienced employment law team has advised and represented businesses throughout the UK. We aim to develop a long lasting relationship with all our clients, which starts with a consultation.
Offering you peace of mind
If you are an employer seeking to protect your business from potential claims on the termination of an employeeâ??s employment, a settlement agreement may be required.
A settlement agreement is a legally binding contract prohibiting an employee from bringing legal action against their employer in respect of the employeeâ??s employment and/or its termination. It provides reassurance and certainty for the employer by negating any risk of a claim by the departing employee.
In return for the employee agreeing not to pursue any claim, the employer will provide an employee with compensation or a severance package.
Settlement agreements are often used where there has been a breakdown in the employer, employee relationship or in redundancy situations.
At LawforEmployers, we can ensure that your business is protected from potential claims by offering the advice you need on settlement agreements.
To talk to our dedicated solicitors about drafting settlement agreements, call us now on 01282 695 400.
It is important to note that settlement agreements should only be used when there are potential claims to be resolved.
It is essential that settlement agreements are executed properly. A settlement agreement which is not executed properly may not rule out the risk of an ex-employee bringing a claim at a later date.
For this reason, it is vital to seek legal advice when entering a settlement agreement with an employee.
In order to be executed properly, a settlement agreement must:
When considering offering an employee a settlement agreement, consulting with an expert employment solicitor is essential.
At LawforEmployers, we understand that each settlement agreement may have different requirements. Our expert employment law team can ensure that a settlement agreement is the best course of action and that it is executed properly.
A properly executed settlement agreement can save your business time and money by protecting you from any potential legal proceedings.
To speak directly to an expert employment law solicitor, contact LawforEmployers today.
We are available to ensure that any settlement agreements are both properly executed and legally binding. This will protect you from any potential claims, saving you both time and money.
For more information on how we can help you, call us now on 01282 695 400.
Or if you can’t talk to us right now, you can book a free initial consultation by completing our online contact form.
Our experienced employment law team has advised and represented businesses throughout the UK. We aim to develop a long lasting relationship with all our clients, which starts with a consultation.