Compromise agreements
Compromise agreements
In order for a settlement Agreement to be legally binding, you must seek advice from a qualified solicitor. Your employer will pay your legal fees however you have the right to choose a solicitor of your choice. MWG's expert employment law solicitors can provide you with clear and concise legal advice on the terms of agreement and alternative options which may be available to you.
What is a compromise agreement?
A compromise agreement also known as a settlement agreement is a legally binding agreement either during or following the termination of your employment and which brings your employment to an end. It is recognised by statute and it is the only way you can validly "contract out" of your employment law rights.
Our specialist employment solicitors provide:
Same day appointments
Expert advice on the legal effects of signing a settlement agreement
Expert legal advice on alternative options to signing a settlement agreement
How can MWG help?
- Negotiate the best settlement figure
- Give you advice quickly and clearly, same day service available through urgent appointments
- We will ensure that you know how the settlement agreement will affect you
How much does it cost?
Your employer should be expected to pay the legal costs between £300 – £500 (plus VAT) depending on the nature and complexity of the case. These fees are likely to cover all legal aspects of a straightforward case. However in more complicated cases your employer may be required to pay upto £2000.We always attempt to cover all our legal fees from your employer instead of you ‘ our client.
Why should you use MWG?
What happens after I sign the agreement?
