Our Settlement Agreement Solicitors provide expert, specialist help & advice to employees of all levels of experience.
Contact us today for a free telephone consultation on 01904 360295 or contact us online.
In basic terms a Settlement Agreement (formally known as a compromise agreement) is a legally binding contract agreement used by employers to secure and employee’s agreement to exit employment and waive certain legal rights to make certain claims against the employer.
Employees don’t have to sign such legal terms and can only validly waive such employment rights under such specific terms of Settlement Agreements with the benefit of advice from specific advisors, usually regulated and qualified Solicitors.
Quick and detailed advice is crucial when faced with termination of your employment contract, job security, future job prospects and income, you really do need an expert legal specialist on your side, your employer will have one as should you.
For this reason, our free helpline and e-mail are open for employees with Settlement Agreements.
It is vital you receive advice on the terms, to ensure you have a valid settlement agreement, also proper specialist legal support helps ensure your terms are lawful and acceptable for you and pay you what you are entitled to in the circumstances of leaving your employment.
You also need to ensure you aren’t waiving any of your wider legal rights (now of in the future) or for example, restricting your ability to work or claim compensation without receiving reasonable compensation in return for that.
In addition, many employer’s may try to impose certain restrictions on you that affect your future employment prospects, we can negotiate with them on your behalf to try and come to a reasonable agreement.
It is usual for your employer to pay or make a significant contribution towards your legal costs for seeking advice with regards to a Settlement Agreement, we can advise you further on this and negotiate with your employer with regards to costs.
When a settlement agreement cannot be reached through negotiation between an employer and an employee, the matter may proceed to court or an employment tribunal. In the court process, parties are encouraged to follow pre-action protocols before issuing a claim, which may be heard in the Employment Tribunal, County Court, or High Court, depending on the case’s nature and complexity. Court proceedings involve evidence exchange, case management hearings, and trial preparation, with opportunities for mediation and settlement negotiations at any stage. If no settlement is reached, the case goes to trial, and the court issues a judgment. In the Employment Tribunal process, early conciliation through ACAS is mandatory before filing a claim. After filing, both parties exchange information, and if necessary, a preliminary hearing is held. The main hearing follows, where evidence is presented, witnesses testify, and a judgment is issued. Throughout both processes, parties are encouraged to seek resolution through settlement negotiations to avoid the full trial, and legal advice is crucial to understand their rights and options.
Once terms are offered or are being discussed you will need specialist legal advice.
If you don’t have an offer or terms yet but you are in dispute, we can often even help you propose settlement terms with your employer, in certain circumstances, whilst also protecting your legal rights.
There are many approaches we can take to assessing, advising and negotiating exit terms by way of a Settlement Agreement, because we specialise in employment law our team of solicitors know how to work with you to ensure you take the right approach for you.
Factors such as your own personal circumstances, how amicable or not the terms are in each case, timing costs and sensitivity all come into play but in all cases you do need an expert to protect your interests and that’s where we come in.
The legal context and overall value and background must be assessed by an expert, this is where we help you, you don’t have to accept the terms and they aren’t always correctly prepared or indeed adequate!
In some cases, payments are in fact inadequate and employees can be getting little to no benefit from signing an agreement and thus, we are often able to present an improved legal position with a view improving your exit terms for you for example, increasing Compensation and benefits and reducing legal obligations simply by using our expertise to assess the merits of your claims and your legal entitlements from your employer which can often include:
We are very experienced in helping senior executives, Directors and business owners with exit terms both preparing them and advising on them.
Additional factors to consider here are (including but not limited to) our specialist legal assessment of:
We frequently negotiate reductions or releases and settlement terms on such matters often working with specialist corporate law and regulated tax and finance partners, we have an excellent track record of steering clients to successful agreements.
Careful legal review of all terms and obligations of a senior executive, Director and/or shareholder is crucial for all parties to avoid costly legal dispute.
Only through carefully examining the law applicable to your case along with the facts, the terms of employment and other interests and all related benefits and offices all together can you correctly assess whether the terms offered provide you with what you are entitled to and ensure that all of your interests and legal rights are protected.
We have a very experienced and specialist team of employment solicitors and legal executives, we have considerable strength and depth with a combined practice 30 years of experience within this specialist are of law, we specialise in this often complex area of law and can often achieve results for a fixed initial fee.
We are very clear on legal fees and we provide costs ranges and fixed estimates, you will be clear on what you are paying and why – our aim is to provide expert legal advice for excellent value.
We do often recover further costs from your employer as part of the settlement terms, because we prepare settlement terms for employers we also understand how to negotiate them for either party and we have many years of successful experience in doing so.
BRIDGE combines 25 years of proven expertise in employment law and settlement agreement advice.
For more information or to arrange a consultation with a settlement agreement solicitor from our employment team in York and Leeds, please contact us today. Call us on 01904 360295 or contact us online.
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Lee and his team at Bridge employment law did an excellent job for me. The advice received was professional, timely and pragmatic. The outcome achieved was acceptable to all parties and was completed within the agreed commercial framework. A good piece of work, thank you. I would not hesitate to recommend Bridge Employment Law to my professional contacts.
We wouldn’t recommend anyone else the support have had from the team at BRIDGE has been excellent
Thank you so much for all your help and support our practice is a better place now, we couldn’t have achieved the outcome without the team at BRIDGE
“the team at B R I D G E understand the demands of our veterinary practice and make commercial recommendations explaining our options clearly – they have helped with everything from ensuring our employment documentation is up to date to advising on a complex employment dispute, with their help we achieved an excellent outcome….[we] could not recommend anyone else but BRIDGE”
I used Bridge Employment Law in connection with the completion of my Settlement Agreement and would recommend them and in particular Emma to anyone who requires employment legal advice. I particularly found Emma to be very knowledgeable, understanding and compassionate at a time I found myself in a difficult and stressful position.
I have engaged the services and advice of Lee a number of times with regards to HR and always found his support very pragmatic, professional and commercial. I was always impressed how he maintained awareness of the end goal and drew up a plan to ensure this was always achieved with cost management in mind. A world of HR knowledge and advice always there. I would highly recommend Lee and will continue to engage his support in the future.
Lee is our first port of call for employment law advice. He takes a commercially orientated approach, tailored to each situation, and is mindful of the nature and size of our business. His support has guided the organisation through challenges with clarity, given confidence to our team and enabled us to make decisions based on sound professional advice. His charges are fair and his service is valued.
Lee and his team at Bridge HR did a superb job. When dealing with an alien environment it's important to have the best advice, a balanced view between the emotion and the legal perspective. Good guidance and clear pricing was central throughout the process delivering a good result.
I have worked with Lee for over 3 years now on employment and HR issues. Lee gave me invaluable advice on the sale of my business and subsequent employment contract. He is commercially focussed, personable and I trust his advice 100%. His in depth knowledge and judgment has been first class and I would not hesitate in recommending his legal services to any of my professional connections.
I have used Bridge employment and in particular Lee Stephens to assist with a number of employment related issues. I have found them to be very professional and supportive in dealing with sometimes very complex issues. Helping both the company and the employees come to an amicable resolution. I would recommend their services to anyone and everyone as we have always received first class advise on all potential possibilities allowing us to make clear informed decision. Thank you