A settlement agreement is often referred to as a ‘redundancy agreement’. If you are faced with potential redundancy or have volunteered for redundancy, your employer will usually want you to sign up to a proposed settlement agreement. This agreement sets out the full terms of a settlement between an employer and an employee and prevents the employee from bringing certain legal claims against the employer. Properly drafted settlement agreements are legally binding, which is why the law says they are only valid if you have taken independent legal advice on the terms and effects of the settlement agreement before signing.
Why you need settlement agreement legal advice
You’re legally required to take independent legal advice on the terms and effects of the settlement agreement before signing. We can help if you need legal advice on a settlement agreement that has already been drafted.
What do I do if I receive a Settlement Agreement?
If your employer has asked you to sign a settlement agreement, talk to one of our experienced solicitors today. Same day appointments are often available but we will be able to see you within seven days from the date you contact us. We specialise in quick turnarounds in providing the signed agreement to your employer.
Do not hesitate to call us on 020 3440 8000 or email firstname.lastname@example.org.
We are here to help you. If you have any questions, do not hesitate to call us.