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  • Overview

    This page gives you an overview of our employment settlement agreement services for businesses. If you're an individual looking for professional advice on employment law, please visit our for you page.
     

    Settlement agreement solicitors for employers

    Formerly known as compromise agreements, employee settlement agreements are confidential legal documents that are shared between employers and employees before or after termination of an employment.

    Since an employment settlement agreement is legally binding, it is important that the agreement is drafted by employment law experts. This will prevent the employee from bringing any claims against the employer once the agreement is signed.

    Since the agreement is legally binding, it is important that the agreement is drafted by employment law experts. This will prevent the employee from bringing any claims against the employer once the agreement is signed.

    Advantages of using an employment settlement agreement

    • It can be a quick and efficient way of ending an employment and settling any potential dispute
    • If properly written, the employment settlement agreement prevents the employee from seeking further claims against their past employer
    • A mutually beneficial settlement dispenses with the need to go to an Employment Tribunal of Civil Court


    Disadvantages of using a settlement agreement

    • It costs the employer time and money to draft an agreement, consider the terms, offer a legal fee contribution and pay compensation
    • It can damage the employee relationship if settlement is not agreed
    • It can have a negative impact on employee relations if exiting under an agreement becomes customary or is used instead of good management practice

    If we need to make changes to the settlement agreement, we can negotiate with the other side on your behalf.

    For further information please contact one of the team.


       

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Clearly understood the issues, explained to me what I was not really familiar with and confirmed that my understanding of certain aspects was indeed correct.

Client

Clear concise advice and the negotiated removal of a number of unpleasant clauses to my benefit.

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I have used TSP’s Workplace Law updates for number of years in my leadership roles with NCG, Royal British Legion Industries and now with Franksson David Consultancy Services.  In terms of up to the minute content, simple to understand language and ease of use they are by far the best quality updates I have come across as a HR practitioner.  I would strongly recommend them as an essential read to any HR professional.

David Jessop

Provided high quality advice!

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All the advice given was structured toward the type of business that we are.

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Very prompt and responsive both during and after business hours, to successfully progress the case to agreement within a short time period and to schedule

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I came away understanding the background to the advice given, and I am happy that this takes into account my best interests

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I came away understanding the background to the advice given, and I am happy that this takes into account my best interests

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Quick response, talked me through the process as this situation was new to me. Discussed options throughout and gave good advice

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