- Has your job role been made redundant?
- Has your employer offered you compensation in return for losing your job?
- Would you like to reach agreement with your employer without having to take them to an employment tribunal?
A settlement agreement is a legally binding agreement that is made at, or immediately after, the time you lose your job. Settlement agreements used to be called compromise agreements – in Northern Ireland, they still are.
Before you sign, be aware you will be giving up your right to bring a claim against your employer in future.
Why use a solicitor?
Your employer: “We will pay you x amount of money as long as you agree not to take us to the employment tribunal.”
You: “???”
Paul Doran Law: “Don’t worry. We will negotiate for you, to ensure you receive a fair payment for losing your job.”
In order for a settlement agreement to be legally binding, you must take advice from an independent solicitor. The solicitor must also sign the agreement to confirm they have given appropriate advice.
The solicitor will advise:
- Is your employer offering you enough money?
- Are you entitled to compensation for discrimination or other matters?
- Are there any restrictive covenants in your contract (such as a clause that forbids you from working for a competitor within a set period of time)?
- Will your employer provide you with a reference you can use when applying for other jobs?
It’s important to take advice early. For example, rather than waiting for your employer to make you an offer, we might help you make the first move.
With our help, you can be confident you’ll receive a fair severance package, and your employer can be confident you won’t make a claim against them in future.
Need help?
For a FREE assessment of your claim, call 0808 168 7288 or fill in the contact form on the top right of this page.
We have already helped thousands of people to win millions of pounds in compensation.
You have a choice of ways to pay, including ‘no win, no fee’.
We will also discuss the best methods of funding your case and seek to reach a solution that best suits your needs. This can involve a “no-win, no-fee” agreement if appropriate.