How can our settlement agreement solicitors help you?
We specialise in advising clients on all aspects of settlement agreements and regularly assist employees in the city and throughout London.
We advise clients from public and private sector workers to director/shareholders and sports players and entertainers. We specialise in trying to negotiate higher figures on settlement agreements for those based within London and the city.
Settlement agreement legal advice
If you are an employee in London who has been given a settlement agreement you must seek specialist independent legal advice for the settlement agreement. Our employment solicitors are well versed in advising employees based within the city and London on any potential claims so that any employee fully understands the legal issues and potential of any claims.
As employees have rights under UK law, anyone signing a settlement agreement should seek independent legal help before signing as the solicitor will help make sure your rights are protected and you are aware of your rights before signing these away.
What are the benefits of settlement agreements?
The advantage to the employer of getting a settlement agreement is that the employer can be sure the employee will accept the settlement and not seek further compensation. The advantage of a settlement agreement to the employee is that they receive a guaranteed amount of compensation in return for settling their claims.
Our settlement agreement solicitors can assist by:
- Advising you on whether any claims arise on the termination of employment
- If so, advise you what those claims might be worth
- In the light of that information, advise you whether the sum offered is reasonable in the circumstances
- Explain the meaning and effect of the agreement to you and advise you whether anything needs to be amended or changed
- Negotiate on your behalf as required
Why do I need a solicitor?
Settlement agreements can be written in very formal language and can refer to sections of Acts and Regulations which you may never have heard of. Therefore, it is important that you understand the effect of the settlement agreement. It is a legal requirement that you get professional advice on what the agreement means. It is also a legal requirement that your adviser signs the settlement agreement to confirm that advice has been given.
According to the Employment Rights (Dispute Resolution) Act 1998, that advice can only be given by a qualified lawyer, a qualified trade union official or a qualified centre worker, all of whom must be covered by an appropriate certificate of indemnity insurance.
Will I need to pay for this?
The cost of advice under a settlement agreement will in the majority of cases be covered by your employer, meaning that you may not have to pay anything for this advice personally.
What should I do next?
If you have been offered a settlement agreement by your employer and are based in London and would like to talk through this with our legal experts, please complete our online enquiry form or contact us on 0161 696 6170 and we will be happy to discuss these options with you. We will be able to turn around your agreement quickly and can deal with matters over the phone, via email and online meetings using Zoom or Teams.
If you have been offered a settlement agreement, it is important you take independent legal advice regarding the consequences of signing this from a settlement agreement solicitor. Employers based within London will contribute towards the legal costs of obtaining such advice.