If your business is considering offering employees Settlement Agreements, our specialist employment solicitors can assist you in drafting Settlement Agreements that not only protect your interests but also facilitate an amicable ending to the employment relationship.
Settlement Agreements can provide numerous benefits to a business. The primary benefit is that it ensures litigation is avoided and saves the business a lot of time and expense opposed to defending a claim at the Employment Tribunals. It also provides a neat exit where all the terms are agreed and both parties know where they stand regarding confidentiality obligations, restrictive covenants and help avoid any potential reputational damage.
We offer an initial call to take details and obtain preliminary information to allow us to understand your situation and provide you with bespoke advice to ensure that we can draft a suitable settlement agreement for your needs.
Drafting the Settlement Agreement
Having taken instructions and advised you accordingly, we proceed to draft the Settlement Agreement as agreed in our initial consultation.
Our team of solicitors are experienced and highly skilled in negotiating settlement agreements. We can assist you in reaching a mutually beneficial agreement with the employee and advise on any negotiations they may have.
Alternatively, we can offer independent advice to your employees who have been offered a Settlement Agreement and can offer an efficient and professional process taking place. By suggesting us to your employees, you can assist in preventing employees from unnecessary stress over finding a solicitor themselves and ensure that they receive expert legal advice by a team who know the structure of your settlement agreements from the outset.