Settlement Agreements

Settlement Agreements

In order for a Settlement Agreement to be valid and binding the employee must have received advice on the terms and effect of the agreement from an independent legal adviser. The adviser must be clearly identified in the written agreement and their advice must be covered by insurance.

If an employee does not receive independent legal advice, then the Agreement will not be valid and will leave it open to the employee still to bring claims against the employer.

Settlement Agreements are a very useful way of ensuring that employer/employee disputes (or possible disputes) are concluded without the need for either side to resort to legal action.

If you have been offered a Settlement Agreement by your employer or if you require a Settlement Agreement drafting contact us now on 01606 74301 and ask for Melissa Hamilton.