Settlement (Compromise) Agreements

When your employment ends, it can sometimes involve a Settlement Agreement (formally known as a Compromise Agreement). QualitySolicitors can explain what this is and the consequences of entering into the agreement.

When the decision is taken to end an employment relationship, it can be a time of uncertainty. Disputes can arise over the decision to dismiss. Directors can fall out over future business strategy or investment decisions. You may feel your position is untenable or that your employer wants you to resign and is forcing you to do so. Alternatively, your employment may end due to restructuring of the company.

Settlement agreements are legally binding documents. QualitySolicitors can explain what its terms are, what it means and should you sign one. In return for an agreed financial sum, you agree to waive any claim you may have. We can explain what your options are and if this is the best outcome. At every step, we use plain terms, not legal jargon.

 

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