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Settlement Agreement Solicitors
Our settlement agreement is accessible at a base rate of £500 including VAT at 20%.
This is subject to increase if we are required to negotiate on your behalf, or if you have a two-stage agreement (also referred to as a Re-Affirmation Agreement). Your employer will usually make a contribution towards your legal fees, as outlined in the settlement agreement, which we will invoice to them directly.
194 Hutton Road, Shenfield, Brentwood CM15 8NR
Settlement Agreement Enquiry
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What is a Settlement Agreement?
A settlement agreement is a is legally binding contract made between an employer and an employee. A settlement agreement will not be legally binding if the employee has not taken independent legal advice.
The agreement settles any claim the employee may have against an employer which is usually in exchange for an enhanced payment. The key clause in a settlement agreement for an employee will usually be the one around compensation for loss of employment.
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Why do I need an employment solicitor?
A settlement agreement is a is legally binding contract made between an employer and an employee. A In order for a Settlement Agreement to be legally binding, the employee must seek legal advice. A settlement agreement ties up all of the issues between an employer and an employee around their employment.
For an employer, it gives confidence that there will be no further claims. For an employee, the benefit will usually be some form of compensation for the termination of their employment.agreement will not be legally binding if the employee has not taken independent legal advice.
The agreement settles any claim the employee may have against an employer which is usually in exchange for an enhanced payment. The key clause in a settlement agreement for an employee will usually be the one around compensation for loss of employment.
The next steps
Contact us if your employer has provided you with a settlement agreement, or if you have been informed that you will be given an agreement. We will make an appointment for you, at which we will explain in detail what the terms of the settlement agreement mean, and answer any specific queries you may have.
The next steps
Contact us if your employer has provided you with a settlement agreement, or if you have been informed that you will be given an agreement. We will make an appointment for you, at which we will explain in detail what the terms of the settlement agreement mean, and answer any specific queries you may have.
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Frequently asked questions
A Settlement Agreement is an agreement between employer and employee which concludes all issues between the parties. In essence, the employee agrees to waive any claims they may have against the employer, in return for which the employer agrees to make a termination payment.
The most important clauses are the waiver of employment claims, and the payments which are to be made by the employer to the employee. However settlement agreements cover a vast range of issues and we can ensure you understand the agreement as a whole.
The benefit to the employer is knowing that no employment claims will be brought against them once the agreement has been completed. The benefit to the employee will be the payment they received in return for waiving any claims.
A Settlement Agreement is not legally binding unless the employee has received independent legal advice. Beyond that, using a specialist employment solicitor to advise you about the terms of the agreement helps to make sure that you are getting everything you are entitled to.
This depends upon whether the terms of the agreement are already agreed with your employer. If so, we can usually have the agreement completed in 2 – 3 days. If further negotiations are required, then this will take longer.
