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Work settlement agreements, Severance and Redundancy
A settlement agreement, formerly known as a compromise agreement, is a legally binding contract between an employer and an employee that sets out the terms of the employee's departure from the company.
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Settlement Agreements
❯ Negotiation
We negotiate on your behalf to ensure the terms of the settlement agreement are fair and meet your objectives. This includes securing appropriate financial compensation and other benefits such as pension contributions and payment for accrued holiday.
❯ Review and Advice
We meticulously review the terms of the settlement agreement to ensure your rights are protected and advise you on the implications of signing the agreement, including its impact on any potential future claims.
❯ Drafting
Our team drafts settlement agreements that comply with current legal standards and reflect the agreed terms accurately. We prioritise clarity and transparency in all documentation.
❯ Independent Legal Advice
As a legal requirement, employees must seek independent legal advice before signing a settlement agreement. We provide this advice promptly and comprehensively, ensuring you understand the terms and implications of the agreement.
Why Choose Pascoe Smith?
At Pascoe Smith, we understand the complexities and sensitivities involved in settlement agreements. Our experienced employment law team has a proven track record of negotiating favorable terms for both employers and employees across various industries. Whether you are an employer seeking to terminate an employee’s contract smoothly or an employee navigating the terms of your departure, we provide clear, practical advice tailored to your specific situation.
Expertise and Experience: With years of experience in employment law, our team has successfully handled numerous settlement agreements, ensuring favorable outcomes for our clients.
Client-Centered Approach: We prioritize your interests and goals, offering personalized attention and practical solutions tailored to your unique circumstances.
Confidentiality: We handle all matters with the utmost discretion and confidentiality, respecting the sensitive nature of settlement negotiations.
Please call 0123 456 7890 for further information or to arrange an appointment.
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