Compromise Agreements
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Experts in Compromise Agreements
Employers sometimes offer a compromise agreement or severance agreement when terminating your employment.
The basis of a compromise agreement is that the employer offers you some further financial compensation or other incentive (usually beyond your contractual entitlement) to enter into the compromise agreement and in turn, by signing the agreement, you give up your right to bring an employment related claim against your employer.
If negotiated properly, a compromise agreement can be a very effective way to ensure that you are adequately compensated for the termination of your employment without the need to bring a formal claim against your employer, which can be expensive, time-consuming and may attract potentially damaging publicity.
If you are offered a compromise agreement, you should take independent legal advice on the agreement as soon as possible. Russell Jones & Walker's specialist compromise agreement solicitors can advise you on any potential claims you may have and can negotiate the best compensation package in the circumstances, ensuring throughout that the wording of the agreement is adequately drafted in order to provide you with the necessary protection you require.
Compromise Agreement Online Form
If you would like to get some advice about your compromise agreement please fill out the online form.
Alternatively you can talk to one of our specialist employment solicitors about your compromise agreement.
Please call 0800 916 9060 or email enquiries@rjw.co.uk. Our Compromise Agreement employment solicitors operate from offices across the country and can offer immediate and accessible representation anywhere in the UK.
