Settlement Agreement Solicitors – Milton Keynes.
If you’re in the Milton Keynes area and have been offered a settlement agreement, we can help you to get specialist solicitor advice and help with a fast sign off service (if you’re happy with the deal) and costs are paid by your employer.
Once signed, a settlement agreement is legally binding. That’s why it’s crucial to have specialist advice from a settlement agreement solicitor in the UK.
What are settlement agreements?
A settlement agreement is a formal agreement between an employer and an employee. The documents used to be called compromise agreements, and they’re covered in the Employment Rights Act 1996. Once the agreement is signed:
- The employee receives a sum of money
- The employee agrees not to bring certain legal claims against the employer.
For the settlement agreement to be legally binding it has to comply in certain ways, for example, it must be in writing, and the employee must have received legal advice from a solicitor. That’s crucial because you need to know if the deal is fair and be certain that you don’t want to bring a claim against your employer.
We can help with Milton Keynes based settlement agreements.
We that losing your job or having a dispute at work can feel overwhelming and stressful. However, we have long term experience of helping people reach the best outcomes possible with their settlement agreements. Getting the right advice means we can ensure you are getting the best deal (and negotiate on your behalf if you’re not) and allow you to sign your settlement agreement and move on.
Settlement Fact:
Most settlement agreements are not binding until they are signed and dated by all the parties; so your solicitor should ensure a copy signed on behalf of the employer is secured and the agreement is properly dated to avoid disputes about whether it is binding or when it because binding. Increasingly, employers use an electronic signing service, like DocuSign, to complete the signing process.
IMPORTANT: The contents of this page are general guidance only and should not therefore be regarded as constituting legal or other advice or recommendations. You are free to instruct any solicitor you wish.