If you have had a dispute with your employer and wish to bring an end to your employment, you may wish to consider whether you want to enter into a Settlement Agreement.
Settlement Agreements are legally binding contracts that can be used to end an employment relationship on agreed terms. Settlement Agreements were previously known as a compromise agreements.
Once a Settlement Agreement has been signed, it prevents the employee from bringing a claim against their employer in respect of their employment and / or its termination. This is usually in exchange for a termination payment and other benefits, such as an agreed reference, which are also set out in the Agreement.
Before you can enter into a Settlement Agreement, it is a legal requirement that you must have received independent advice in relation to the Settlement Agreement.
Truth Legal regularly deal with Settlement Agreements and it is our aim to make the terms of Settlement Agreements as beneficial for our clients as possible. If you wish to make any amendments to a Settlement Agreement, we will contact your employer to discuss this. We also provide advice in relation to any changes we consider should be made to the Settlement Agreement.
If you require advice on a Settlement Agreement then we will offer a free first consultation, with no obligation to instruct us. In terms of fees, we try to stick to the contribution offered by the employer, but if we need to negotiate on your behalf, we may need to charge you more than the employer’s contribution. We will keep you advised at every stage of the process.
Funding a settlement agreement with legal expenses insurance
If you have taken out legal expenses insurance, or you have legal expenses cover as part of your car or home insurance, you may be able to use this to fund your case. Our guide on legal expenses insurance explains this funding option in more detail.
Finding out more about settlement agreements
If you would like more information on Settlement Agreements, please click any of the links below:
Complete the callback request form and have one of our expert solicitors call you back about your case.
Alternatively, call us today on 01423 788 538.
Request a callback
We aim to call you back the same day.
"*" indicates required fields
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Facebook sets this cookie to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising after visiting the website.
This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors.
1 year 1 month 4 days
Google Analytics sets this cookie to store and count page views.
Google Analytics sets this cookie for user behaviour tracking.n
Google Tag Manager sets the cookie to experiment advertisement efficiency of websites using their services.
This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visited in an anonymous form.