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So, you’ve been offered a Settlement Agreement.

Reasons to choose Wilson Browne

With the furlough scheme having come to an end, many employers are taking stock of how they are going to move forward with their businesses.

It may be that the business has changed, market forces have affected the products or services offered and they have to make difficult decisions related to staffing. In this situation a restructure or redundancies might be required. In these circumstances, you may be offered a Settlement Agreement.

You might be invited to attend a “protected conversation” meeting often referred to as “without prejudice” or “off the record”. If you are, try to stay calm, let your employer do the talking and take notes. Bear in mind that nothing that is discussed or offered at the meeting is binding until you have taken legal advice and signed a Settlement Agreement.

Our job is to guide you through the process, help take away the stress and anxiety and make what can be an uncertain time easier for you. Losing a job is a huge adjustment. It is normal to experience a range of emotions such as anger, shock, bitterness, and even relief along with much more in a short period of time.

At Wilson Browne, we understand that Settlement Agreements can be frightening and that’s why our priority is to make the process as easy and painless as possible. Our team will aim to support you from the first call you make to us right through to agreeing and signing the final document.

You may wonder “what is this going to cost me?”. It is customary that employers make a contribution towards your legal fees under a Settlement Agreement. This is not an unlimited amount but we can normally give you all the advice you need within the amount your employer pays. So, if you are worried that your employer’s contribution is not enough to cover your fees, we can contact them to negotiate an increase so that you don’t have to!

Once you have received the Settlement Agreement you will receive an advice call from us where will go through the document with you, explaining all the clauses and what you are signing up to. If there are things that require amendment and you are worried about speaking with your employer and negotiating anything we can do this on your behalf.

If a Settlement Agreement has been offered to you may have many questions please take a look at our Settlement Agreement FAQs see here which gives you more background and information.

If you need help in respect of a Settlement Agreement call our Employment Team today – we are #allthehelpyouneed.

Hazel Taylor

Posted:

Hazel Taylor

Paralegal

Hazel is often the first point of contact for clients of the employment team. She is a paralegal in our employment team having worked previously in both the Commercial Litigation and Company & Commercial teams as a legal secretary.