What does a Compromise Agreement contain? As each compromise agreement deal with a specific employment case, each contract
Bonallack and Bishop Solicitors have over 25 years’ experience providing specialist legal advice to clients across England and Wales.
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A Compromise Agreement [technically called a Settlement Agreement since July 29 2013] is a common method of resolving an employment dispute without the need for legal proceedings.
A valid compromise agreement normally means that an employee sacrifices any claims for discrimination or other employment law claims. In normal circumstances, once the Compromise Agreement has been agreed and signed by both parties, there is no way the employee can legally make any claims against the employer.
Our Compromise Agreement Solicitors offer the independent legal advice that is compulsory under the terms of a compromise agreement.
One of our team will also put their name to a Compromise Agreement contract, a further requirement of a deal, proving both yourself and your employer have had separate legal advice in agreeing terms.
Call us on FREEPHONE 0800 1404544 or email us today, and we can swiftly help you to a satisfactory, final settlement.
In most Compromise Agreements, employers pay the employee’s legal fees. We can help;
You are under no obligation to sign an Employment Compromise Agreement. By refusing to sign such an agreement, you remain free to pursue any employment claim against your employer in the appropriate Employment Tribunal or court. However, without a compromise agreement, you may receive a lesser settlement under the terms of a redundancy than otherwise could have been possible. Our solicitors will seek the fairest and most satisfactory settlement for you, and may even be able to negotiate a higher settlement with your employer than originally offered.
Employers usually meet the legal costs of drawing up compromise agreements. A compromise agreement can often be created or reviewed for as little as around £250-300, and our Compromise Agreement Solicitors will seek to invoice your employer for these costs.
We will attempt to work within the budget set by your employer for drawing up the agreement.
However, please note that settling your legal costs is ultimately your responsibility, and any additional work carried out on your behalf relating to the compromise agreement may be charged to you
The payment date will be specified in the terms of the compromise agreement. ~
Usually payment is made within 7 or 14 days of the agreement having been signed by all parties.
Employment Compromise Agreements are only valid if certain conditions are met;
1. the agreement must relate to specific legal claims and
2. it has to be in written form and
3. legal advice on the compromise agreement must be given to the employee by an independent solicitor and
4. you must confirm having received that independent legal advice in the agreement itself
Although you do need independent legal advice from a qualified solicitor, it’s not necessary to meet your solicitor face-to-face to get that advice – unless you particularly want to.
Our experienced employment team are happy to take instructions from you by e-mail and phone – or if you prefer we can arrange a Skype conference. We regularly advise on and negotiate comprise agreements, the clients throughout England and Wales – so wherever you live and work, we can help.
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What does a Compromise Agreement contain? As each compromise agreement deal with a specific employment case, each contract
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