Helping you with settlement agreements

If you need quick and cost-effective advice on settlement agreements, contact the experts at Campbell Solicitors today. We serve clients mainly across Birmingham and Solihull but also nationwide.

What is a settlement agreement?

A settlement agreement (formerly known as a compromise agreement) is a legally binding document made between an employer and employee on the termination of employment. It can be used in a variety of situations including redundancy, resignation or dismissal for conduct/capability reasons, however more often than not it is used when the parties have a dispute.

The agreement serves to draw a line under the employee’s employment, thus enabling the employer to swiftly remove the employee from the business, without the risk of facing a tribunal claim. In return for agreeing to enter into the compromise agreement, and thus waiving all rights to pursue any claims that the employee may have against the employer, the employee receives a financial settlement.

The agreement must satisfy a number of conditions for it to be legally binding; namely, it must be in writing; it must relate to a particular complaint and the employee must have received independent legal advice about its content. The employer often makes a contribution towards the employee’s legal fees in taking that advice and that normally covers the total fees which means the employee does not have to pay anything at all.

If you need help with a settlement agreement, then please contact us today.
Agreement

Negotiate an agreement

We have extensive experience in drafting, negotiating and advising on settlement agreements. We offer a professional service to both employees and employers alike. We can help you with unfair dismissals, maternity rights, breach of contracts, redundancy, disciplinary issues and much more.
Employment law solicitors

Employment law solicitors

Campbell Solicitors is registered with the Law Society of England and Wales and is regulated by the Solicitors Regulation Authority. Contact us today for employment law services in Birmingham.


Need help in drafting or negotiating a settlement agreement? 
Call Campbell Solicitors on 0121 270 6343. 
We serve clients in Birmingham and Solihull.