What is a settlement agreement?
A settlement agreement, previously referred to as a compromise agreement, is a mutually agreed upon arrangement between an employer and an employee. It involves the employer offering financial compensation to the employee in exchange for the employee relinquishing their right to pursue a claim in an employment tribunal.
To be legally effective, a settlement agreement must adhere to specific requirements, and the employee must seek legal counsel from an impartial solicitor.
Over time, settlement agreements have become increasingly intricate, often spanning more than 20 pages. Whether you are an employer in need of a well-drafted settlement agreement or an employee seeking advice on one, it is crucial to consult specialist solicitors experienced in settlement agreements.
Why choose our settlement agreement solicitors in Manchester?
At Stephensons, our team of settlement agreement solicitors specialise in providing comprehensive guidance and skilful negotiations for settlement agreements. Whether you hold a position of seniority or not, it is crucial to seek advice when presented with a settlement agreement. If you have received or are anticipating a settlement agreement, it is vital to obtain professional legal counsel and support. To ensure the validity and fairness of the agreement, it is necessary for an independent legal expert or settlement agreement solicitors to review and sign the document.
Contact our Manchester settlement agreement solicitors
Get in touch with our team of experienced settlement agreement solicitors today. During our initial consultation, we will carefully review your specific situation and offer transparent and concise information regarding our fees, the strength of your case, the estimated timeline, and the likelihood of a successful outcome. To schedule a consultation and receive expert legal advice regarding a settlement agreement, reach out to one of our skilled settlement agreement solicitors in Manchester by calling 0161 696 6170 or filling out our online form.
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