Settlement Agreements

The employment law experts at HCB Solicitors regularly provide assistance to employees who are leaving their employment and have been asked to sign a Settlement Agreement.

A Settlement Agreement is a contract that an employer asks an employee to sign to show their agreement that, in return for being made a financial award, they will make no further claim against them.

If you have been asked to sign a Settlement Agreement we can give you the advice you need, and are legally entitled to. We will also go further to ensure you are being offered a fair settlement and that other aspects that you may not necessarily have considered are covered too.

Explaining the Settlement Agreement

Often a Settlement Agreement will contain complex wording and at HCB we always take the time to make sure our clients are thoroughly clear on what they are agreeing to.

Negotiating a Fair Settlement

Our next step is to check that the financial offer being made is appropriate. If we feel it is not, then we will take steps to increase the offer. As experienced employment lawyers we will carefully look at what you might secure if the matter were to go to tribunal, and combine this with the potential reputation damage it could do to your employer, and will then negotiate to the maximum. We have an exceptional success rate in this area. We’ll also ensure all tax matters are dealt with efficiently for you and that your legal costs are covered or at very least fairly contributed to by the employer.

Securing a Reference

Our final step is to secure you a reference letter, which is your career stepping stone. Without a reference you will find yourself in difficulty when trying to secure a new position so we will make sure that the provision of such a letter is included as a condition of the Settlement Agreement before you sign.