Have you been offered a settlement agreement (formerly known as Compromise Agreement) by your employer? If so you’re in the right place. We help employees through this difficult time.
Workplace problems carry considerable weight, making us scared and uncertain of the future. Aside from the emotional strain of losing your job, you may also feel worried about how this change will impact your financial security and career prospects.
With so much on your mind, there’s no better time to reach out to an expert.
Settlement agreement solicitors exist to help carry some of the burden. It’s important to us that you are aware of your rights and chances of success, as well as making sure you understand the terms of your final agreement. We offer a thorough consultation to achieve the best outcome for you.
It’s our job to negotiate the best compromise for you. But it’s also our duty to keep you in the loop and make sure you’re happy with the agreement being made.
Once you have been advised of your options, you may then wish to sign the Settlement Agreement. This is a final document signed by both employer and employee to detail the terms of the employment being terminated, as well as any compensation the employee will receive.
Settlement agreements can be complex, with clauses about tax liability, restrictions and confidentiality after the employment ends.
In order for the settlement agreement to be binding the employee must seek legal advice and the qualified adviser will sign and adviser’s certificate. The employer will contribute towards the employee’s legal fees. We act as independent advisers for employees.
If you have been asked to sign a settlement agreement, our team of experts can help you.
If you are a customer of Lockings Solicitors and we have contracted with you online you may be entitled to use the EU Online Dispute Resolution (ODR) Platform to assist in resolving any dispute with us. This service can be found at https://ec.europa.eu/odr.
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Lockings Solicitors is a trading name of Lockings Legal Services Limited registered in England and Wales company registration number 09244568. Lockings Legal Services Limited is authorised and regulated by the Solicitors Regulation Authority (Main Office SRA ID number 626081). A list of our directors is available for inspection at all our offices. Use the following link https://www.sra.org.uk/solicitors/standards-regulations/
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