Settlement Agreements

We provide expert legal advice to ensure you understand your rights and the terms of your agreement.
We offer a fully remote service including execution of the agreement.
Specialist solicitors with 15 years’ experience providing peace of mind, knowing your interests are protected.
If you are seeking independent advice regarding a settlement agreement, we can normally assist.

We can help you with the following:

• Settlement Agreements
• Redundancy Agreements
• Severance Agreements
• Exit Packages
• Voluntary Redundancies
• Compromise Agreements

Speak to our team

Please provide the following information and we will contact you to review your case and provide an indication of the potential cost.

Settlement Agreements Contact Form

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YOUR NAME*

NAME OF YOUR EMPLOYER (legal name eg; 123 ABC Limited)*

YOUR PERSONAL EMAIL ADDRESS*

YOUR PERSONAL CONTACT No.*

A SHORT DESCRIPTION OF THE BACKGROUND TO THE SITUATION AND ANY PARTICULAR ISSUES:*

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FAQ – Employee Settlement Agreements

1. What is a settlement agreement?

A settlement agreement is a legally binding contract between an employer and employee. Essentially, the agreement states that the parties will end their relationship, with the employee waiving the right to make a claim in the Employment Tribunal in exchange for a ‘settlement’ which can comprise of money and/or benefits.

2. What are the legal requirements of a settlement agreement?

To be legally valid, a settlement agreement must:

• be in writing.
• relate to a particular complaint or particular proceedings.
• only be signed after the employee has received independent legal advice from an identified advisor who holds the required professional indemnity insurance.
• state that the conditions regulating settlement agreements under the relevant statutory provisions have been satisfied.
• The absence of any one of these stipulations will render the agreement null and void.

3. What are the circumstances under which I can seek a settlement agreement?

There are several circumstances in which a settlement agreement provides a positive solution. You may have one or more grievances/claims and rather than go to the Employment Tribunal, you and your employer may agree to enter into a settlement agreement.

Situations which can lead to a settlement agreement include:

• unpaid wages, salary, or bonuses
• discrimination claims
• breaches of employment contract or statutory rights
• disagreements about poor performance
• Highly skilled people who are in senior jobs may find their position untenable following a merger or acquisition or a change in corporate strategy. A settlement agreement can provide an ideal solution, allowing parties to go their separate ways in an amicable manner.

4. What are the advantages of a settlement agreement?

A settlement agreement provides several advantages, including:

• you will avoid the stressful, expensive, and slow process of bringing a legal claim
• you can negotiate a positive reference
• unlike bringing a claim in the Employment Tribunal, the financial settlement is guaranteed
• you can negotiate for non-financial benefits as well as a financial settlement
• Our expert team can advise you as to whether a settlement agreement is the right solution for your situation.

5. How much money will I receive as part of my settlement agreement?

The financial settlement you receive depends on many factors, including your job and the industry you are employed in, and your ability to negotiate for compensation. Our experienced settlement agreement solicitors are expert negotiators and can also persuade your employer to enter into an agreement if they are reluctant to do so.