- 0
Business
In the face of an impending litigation, businesses may find that the commercially expedient solution is to make the employee an offer of settlement.
As a safeguard any settlement offer will be accompanied by a contract called a settlement agreement. In the agreement the key protection for your business is the employee's waiver of employment claims and undertaking not to sue you in the future.
Employees may also take the initiative by proposing an exit arrangement. This may suit your organisation. Alternatively you are at liberty to reject it. Legislation to do with evidential inadmissibility is engaged; we can help you understand what is going on.
If your business decides to limit damage by settling, we will advise you about the value of the offer to put to the employee.
Aeon Solicitors can guide you through the legal procedures and draft a settlement agreement with terms to protect your business interests such as garden leave, confidentiality and post-termination restraints.
Contact us for a Free Chat on 020 3878 8700 to find out how we can assist.
 |
What is a settlement agreement?
When are they used? What's in them?
Our settlement agreement solicitors advise about settlement agreements
How much compensation?
Identifying legal claims through tailored advice
Consult our settlement agreement guide
Redundancy
Is a settlement agreement offered when staff are redundant?
Ask our redundancy solicitors
Settlement agreement solicitor London
Contact us by telephone, email or visit our offices in central London
Tax issues explained
Tax on severance pay, redundancy, accrued holiday and more
Who is liable for tax?
Main site
Visit the Aeon Solicitors main site, where you will find our law library, with information on a diverse range of employment law and commercial law issues, spanning contracts, post-termination restrictions, disciplinary and grievance, unfair dismissal and wrongful dismissal.