Advising on Settlement Agreements
A well-drafted settlement agreement can close a difficult chapter cleanly, without a lengthy disciplinary process or a tribunal claim hanging over it.
Settlement agreements let you bring employment to an agreed end, usually in exchange for the employee giving up their right to bring a tribunal claim. Done well, they resolve things quickly, with the certainty both sides are looking for. Done badly, they can leave gaps that undo that certainty.
We draft settlement agreements and advise on exit negotiations, without prejudice discussions and protected conversations. That includes negotiating the financial package, confidentiality clauses, restrictive covenants, the tax treatment of payments, references and any obligations that continue after the employee has left.
The value of a settlement agreement is the certainty it buys you. Get the drafting wrong and you lose that.
Sometimes a settlement agreement is the cleanest way to avoid a redundancy process or a disciplinary hearing altogether. Other times it’s the final step in a dispute that’s already run its course. We advise on both, and can move quickly when a deadline is tight.
If you’re not sure which of these fits your situation, call us, and we’ll point you in the right direction.
- Disciplinary Issues
- Dismissal, Redundancy and Termination of Employment
- TUPE: The Transfer of Undertakings (Protection of Employment) Regulations 2006
- Contracts of Employment, Employee Handbooks, Policies and Procedures
- Restrictive Covenants/Restraint of Trade
- Advice on Parental Rights, Flexible Working and Equal Pay
