Home > Employment Law > Advice for Employers > Settlement Agreement

Settlement Agreement

Settlement Agreement for employers/businesses

Settlement Agreements are used when an employee and employer want to come to an amicable solution to avoid tribunal proceedings. A Settlement Agreement is sometimes referred to as a “golden handshake.”

What are the benefits of Settlement Agreement?

By proposing a Settlement Agreement, you can be certain that your departing employee will be prevented from bringing a claim at the Employment Tribunal against your business. Furthermore, it will help you avoid a public Employment Tribunal claim and will ensure that your interest and reputation are protected.

We help you to negotiate the terms of the settlement agreement

Davenport Solicitors has considerable experience in bringing employment law matters to a close in an amicable manner while protecting the rights of employers involved in the process.

Employers need to be cautious when presenting a settlement sum to an employee, to ensure that they do not expose themselves to any potential claims. Whist we would not advise employers to accept a poor or unfitting agreement to avoid a tribunal process, we believe that the parties will ultimately show a willingness to reach a suitable agreement without resorting to Tribunal, as it is usually in the interest of both parties to do so.

Our experience and success in this area means that we are a natural fit for your needs. However, we believe that every business is unique, therefore every Settlement Agreement is likely to be different. You can be rest assured that we will provide you with a bespoke service at all times, ensuring that your business is protected.

How we can help you?

  • Draft a Settlement Agreement for you, taking into account the facts of the matter and the seniority of the employee
  • Ensure you are protected
  • Advise you on the terms of Settlement Agreement
  • Advise you on what a reasonable settlement would be
  • Negotiate a fair Settlement Agreement with your employee

Do you need settlement agreement advice?

Get in touch with our experienced Settlement Agreement Solicitors today! Call us on 020 7903 6888 or request a call back at a time convenient for you. You can also drop us an e-mail at contact@davenportsolicitors.com. We aim to reply within 24 hours.

Call us now on

+44 020 7903 6888

Get in touch

I have read the privacy policy and agree to you processing my personal information

Explore more

Employment Law services for Businesses.
Workplace issues need not be a challenge. We are here to help take away the pain and make doing business easier for you.

Explore more

Our Blogs

Show Buttons
Hide Buttons