Need legal advice now from a settlement agreement solicitor?
If you need help with a settlement agreement, our solicitors can:
- Clearly explains the terms and conditions of your settlement agreement, so you’re happy before signing.
- Negotiation of the terms and conditions with your employer if feel the agreement is unfair.
Clear explanation of the terms and conditions
Informed on the future considerations when signing
Support in negotiating the terms of the agreement
Fixed Fee settlement agreement review appointments
Commonly asked questions on settlement agreements.
Losing your job is stressful, and being handed a settlement agreement by your employer can leave you with many questions. Therefore, our settlement agreement solicitors have answered some of the most commonly asked questions on the topic.
1. What is a settlement agreement?
In employment law, a settlement agreement is a legally binding agreement between an employee and an employer.
Most commonly, a settlement agreement is used for redundancy. However, an employer can also use a settlement agreement to resolve an employment issue and stop an employee from taking a claim to the employment tribunal.
A settlement agreement is valid if it meets all the following criteria:
- The agreement must be in writing.
- An employee must receive independent legal advice from a relevant independent adviser. The adviser must clearly outline the terms and conditions of the agreement and the effects of agreeing to the agreement.
- An agreement must relate to a “particular proceedings” or “particular complaint”
- The adviser providing the independent legal advice must have professional indemnity insurance or a current contract of insurance. This insurance covers the risk of a claim made against them by the employee.
- The agreement must identify the adviser who’s providing the independent legal advice.
- Finally, the agreement must state that all the conditions regulating settlement agreements are met.
Your employer will usually cover the cost for you to get independent legal advice on your settlement agreement.
2. What happens if I refuse a settlement agreement?
If you’re unhappy with your settlement agreement, don’t worry. You don’t have to sign it, and there are options available.
Negotiation
In an instance where you feel the terms and conditions of your settlement agreement are unfair, you can enter negotiation with your employer. When negotiating with your employer, it’s beneficial to instruct a solicitor to support you. A solicitor can help you negotiate a fair agreement.
Claim to the employment tribunal
On the other hand, if you don’t wish to settle a dispute through a settlement agreement, you can ignore the agreement and claim through the employment tribunal. However, you must make the claim within three months minus one day since the first act(s) in question.
In any circumstance where you don’t want to agree to a settlement agreement, you should always seek legal advice first. A settlement agreement solicitor will help you understand your legal standpoint and available options so you make an informed decision.
3. What happens if you breach a settlement agreement?
When it comes to a breach of a settlement agreement the best course of action depends on the type and severity of the breach. Therefore, it’s best to discuss your case with a settlement agreement solicitor. To contact one of our solicitors please call us on 020 3007 5500.
4. How much does a settlement agreement cost?
In most cases, the employer will pay for you to get independent legal advice on your settlement agreement. In this case, there won’t be any cost for the employee to obtain independent legal advice on the agreement.
However, if the employer hasn’t offered to cover the cost of independent legal advice, Britton and Time will charge £450 + VAT. For this price, our solicitors will:
- Read through your settlement agreement
- Clearly explain all the terms and conditions of the agreement
- Highlight any potential future consequences of signing.
In an instance where you’re unhappy with the terms and conditions of the settlement agreement and want to negotiate the terms with your employer, this is a separate service with separate costs.
5. Do I need a solicitor for a settlement agreement?
To contact one of our settlement agreement solicitors, please call us on 020 3007 5500.
Need legal advice now from a settlement agreement solicitor?
Provide us with some details on your settlement agreement case and we’ll get back to you the same day.
Meet our employment law team in London and Brighton.
Paul Britton
Managing Director
Joseph Navas
Director & Solicitor
Patrick Murray
Employment Solicitor
Rory Lindsay
Trainee Employment Solicitor
Why Britton and Time Solicitors?
Our solicitors have a lot of experience with settlement agreement matters, from straightforward independent legal advice to negotiating the terms and conditions of the agreement. In any settlement agreement matter, we’ll always guarantee:
Award-Winning Service.
You are our priority, and the law is our speciality. Our award-winning solicitors ensure you know exactly where you stand from a legal perspective so you can make a well-informed decision.
Full Billing Transparency.
No fee surprises. Ever. Our settlement agreement solicitors will inform you from the outset on how much your case will cost, and we will do everything in our power to keep costs down and within your original fee estimate.
Regular Communication.
With fortnightly updates on your case, you’ll never be left in the dark. Our settlement agreement solicitors in London and Brighton ensure you know exactly how your case is progressing and are with you every step of the way.
Our reviews.
It’s not about how good we think our solicitors are; it’s about what you think.
Will to Win
There are three things that make Britton & Time, and in particular Paul, stand apart from other law firms: knowledge, communication and a will to win.
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Other forms of employment law.
Constructive Dismissal
Discrimination
Employment Contract
Employment Tribunal
Redundancy
Unfair Dismissal
Other forms of employment law.
Constructive Dismissal
Discrimination
Employment Contract
Employment Tribunal
Redundancy
Unfair Dismissal
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Need legal advice now from a settlement agreement solicitor?
Call, email or provide us with a few details of your matter, and we’ll be able to help you the same day.