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Settlement Agreement Solicitors - Advice for Employers
If you are an employee looking for advice on settlement agreements, please click here.
The solicitors at JMW regularly advise employers and senior employees regarding the terms and conditions of settlement agreements and are also experienced in the drafting of agreements capable of satisfying both parties.
A Law Firm Experienced in Creating Settlement Agreements
Settlement agreements are used by employers as a means to settle claims with an employee. They can also be used to effect a clean break from the employment relationship. As a legally binding document, it is important that both parties understand the effect of such agreements and that the documents are drafted to afford the necessary protections to both parties.
Drafted by a specialist employment solicitor, a settlement agreement typically contains:
Restrictions placed on the employee’s future employment.
Waivers of claims from the employee.
The amount of financial compensation the company will pay the employee.
Assurances made by either the employee or the employer.
The reference the employer will give.
Details of what other employees will be told about the termination.
They can also contain details of a number of other related issues; the above is merely a sample.
Talk to Us
As experienced providers of clear, easy-to-understand settlement agreement legal advice, our team will be more than happy to discuss your requirements over the phone, via e-mail, or during an initial, face-to-face meeting.