Settlement Agreements Advice
Protecting your business can be challenging when there risk your employee might bring a Tribunal claim or harm your business interests.
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You may have good reasons for wanting to dismiss an employee; they are not performing, there is a misconduct issue, a potentially disruptive redundancy situation, or the working relationship has simply broken down.
Even a fair and carefully arranged termination process can take many different paths and many weeks to complete. Settlement agreements provide an alternative.
Protecting your business
A settlement agreement is a written contract which records the terms on which you and your employee have agreed to terminate their employment or settle a dispute. Once completed, the employee waives their legal rights including any future recourse through an Employment Tribunal or County Court. We can negotiate with your employee's solicitor on your behalf.
Our employment law specialists can help you negotiate this particularly tricky area and protect your business by drafting a watertight agreement to give a clean break on the best terms possible for your business - even if there don't appear to be grounds to fairly dismiss the employee.
Protecting your business can be challenging. We recognise there is often a need to act quickly and commercially. There may be a risk your employee contacts your clients or leaks confidential information. We can draft agreements and all correspondence at very short notice.
Fixed Fee Services for Settlement Agreements
There are a number of options available including traditional hourly rates, a guaranteed fixed fee or they can be incorporated into our annual retainer service.
Advising your employees
If you are not a client of Spencers Solicitors we do offer a service to your employees, advising them on the terms of their settlement agreements, which in turn benefits you. Meetings can take place at your workplace to advise and complete the agreements in a timely fashion, convenient to your business.
Dependent on the number of settlement agreements you are offering your employees, we may be able to substantially reduce your legal costs.
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