Somerset settlement agreement solicitors based in Taunton
If you are looking for experienced Somerset settlement agreement solicitors then contact us today for a free consultation by calling 01823 354545 or sending an email to us at [email protected]
We are local Somerset settlement agreement solicitors. If your employer has offered you a settlement agreemen then we are here to help.
What is a settlement agreement?
When an employer and an employee agree to part company, the termination of the employment contract is often dealt with by way of a formal agreement between the parties, known as a settlement agreement.
Settlement agreements are commonly used where a dispute has arisen (or has the potential to arise) between the employer and employee, and the parties have agreed the terms upon which the employment contract will be brought to an end, thereby providing a clean break. Settlement agreements are also widely used in redundancy situations.
The precise terms of settlement agreements vary from case to case, but they generally involve the employee giving up the right to bring an employment claim against their employer, receiving a sum of money or another benefit in exchange for doing so.
Settlement agreements are legally enforceable, but it is a requirement that the employee seeks independent legal advice on the terms and effect of the agreement before they sign it off — which is where we come in. We offer independent legal advice to employees who have been invited to enter into a settlement agreement by their employer.
What does our service cost?
The good news for employees is that the employer normally pays our fees for advising you on the settlement agreement. This means that you will not need to pay a penny for our advice, which is totally independent.
How our settlement agreement solicitors can help
If you have been offered a settlement agreement by your employer and have been told that you will need to obtain independent specialist legal advice then our friendly and experienced settlement agreement solicitors are here to help. Contact us for a free consultation on Taunton (01823) 354545 or send an email to us at [email protected]