Change makes most people feel uneasy. If your employer approaches you with an offer to leave work in return for a settlement agreement, this can be devasting news. In our experience, even though some people receive this offer with joy, others feel let down and betrayed by there employer.
Experience tells us that if your employer wants you to leave, then it is usually a matter of time before it happens. We are highly experienced in dealing with settlement discussions and can help you negotiate a package that is fair for you in the circumstances. Most importantly, our clients report to us that they feel fully supported at this difficult time helping them to come to terms with the situation and move on.
Alternatively, you could be considering your next move and you are looking for advice on how to approach this with your employer. Perhaps you are unhappy and aggrieved, and you want to commence a protected conversation. We can work with you to prepare a strategy on how to handle these discussions based on what you want to achieve.
If your employer offers you a settlement agreement, under UK Employment law, you will need advice from an employment law solicitor before the agreement can be signed. Every settlement agreement we see has slightly different core terms; the devil is in the detail. We will go through the settlement agreement with you, explain what each clause means so you can be sure what you are signing up to.
Our specialist settlement agreement solicitors are highly experienced in this area of work and can identify associated pitfalls. We will confirm whether you have been offered the deal you think you have agreed.
Our settlement agreement solicitors can:
- Negotiate and advise on the terms of the settlement agreement
- Advise on contractual restrictions for poaching customers, colleagues, setting up in competition etc.
- Advise on the validity of pre-settlement negotiations (such as a protected conversations/without prejudice discussions)
- Advise on bonus schedules, share options and/or shareholder agreements to help you get the best deal
- Negotiate amendments to the terms
- Provide you with support through the process.
Why choose Trethowans?
We are a leading Firm recognised in the Legal 500 2023 and Chambers and Partners 2023. The Employment Team is also ranked in for Employment Law in the South
For expert advice on director appointments, don’t hesitate to contact our team of experienced settlement agreement solicitors on 0800 2800 421.