In order for a Settlement Agreement to be valid, the employee must receive independent legal advice upon its terms. The Agreement will have an advisers certificate attached to it which the legal adviser has to sign. Because the employee must receive independent legal advice on it, the employer will normally make a contribution towards legal costs. This contribution will vary according to the complexity of the Agreement and your circumstances.
A Settlement Agreement, once signed by all parties, is a legally binding contract in which the employee agrees to terminate their employment and agrees to waive virtually all claims that they have, or may have, against their employer. In return, in many cases, the employee will receive a termination payment sometimes called compensation or damages.
Settlement agreement solicitors in Cheshire with offices in Crewe, Nantwich and Tarporley.
Settlement agreement solicitors in Shropshire with office in Whitchurch.
Many employees may have had no previous experience or knowledge of a Settlement Agreement and may be somewhat suspicious as to their employer’s motives. We understand that and will take time to talk to you about the background and the options available to you.
Hibberts employment solicitors will provide thorough advice to you, spending the time to take comprehensive instructions from you about how you came to be offered the Agreement and most importantly about the claims that we advise that you have or may have. Once we have advised you, you will walk away fully understanding the terms of the Agreement and its implications for you in the future.
Settlement Agreement Solicitors in Cheshire for: