A Settlement Agreement (or Compromise Agreement as it was previously known) is a legally binding agreement between an employer and employee. Usually the employee receives a payment in exchange for agreeing not to bring certain claims against their employer. The employer would generally pay the employee’s legal fees.
A settlement agreement will not be legally binding unless the employee receives independent legal advice.
Our settlement agreement solicitors will:
It is vital that you act quickly and take strategic advice as early as possible if you would like to obtain a settlement agreement or have already been offered one.
We have offices across South Essex and London. If you receive a settlement agreement, contact one of our employment law solicitors to answer any queries or arrange an appointment.