Settlement agreements

If you're planning your exit strategy, Tees can help you get the best deal.

Expert settlement agreement advice

A settlement agreement is a legally binding agreement between employers and employees. They’re often used in redundancy situations to offer enhanced payments to employees. Usually your employer agrees to pay you an amount of money in return for you agreeing not to take them to an employment tribunal or other civil court in the future.

Whose interests are being protected in a settlement agreement?

For you as the employee, you’ll have certainty about the terms of your exit. For your employer, they’ll have the knowledge that you won’t take them to a tribunal or to court over your redundancy. So there are advantages for both sides. Your employer will need you to take independent legal advice from a solicitor before you sign the agreement and may make a contribution towards the costs of doing so.

How we can help you

Our employment team are highly experienced in dealing with settlement agreements so we can advise you on whether it’s the best route for you to take. We’ll be able to make sure that you get fair treatment from your employer and we may be able to negotiate a better deal for you. We can also discuss any potential claims that you might have against your employer and how a settlement agreement might affect your right to pursue these. And if we don’t think your employer is treating you fairly, we can also advise on legal action.

You're at the centre of everything we do

When you come to us for legal advice about a proposed settlement agreement, we’ll concentrate on getting what’s best for you. We know that it can be a stressful time, so we’ll try to make it as easy as possible by explaining everything in plain English and answering any questions that you have. If you need us to, we’ll talk to your employer for you and negotiate the terms of your agreement with them. We’ll always try to get the best deal for you and we’ll always stand up for your interests. We’re always happy to see you in person, but we’ll keep in touch by phone, email and letter – whatever works for you, so you only need to come to our office if you want to.

Let’s talk!

You’ll find our employment team friendly and easy to talk to. We’ll be with you every step of the way and we’ll help you to make sure you get a fair deal from your employer. So give us a call for a confidential chat and let’s talk about how we can help.

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