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Settlement Agreement

Get advice from our experienced Settlement Agreement Solicitors in London

We are specialist settlement agreement solicitors at Davenport Solicitors, advising both employers and employees on negotiating fair settlement agreements. We can bring employment law matters to a close in an amicable manner while protecting the rights of both employer and employee involved in the process.

While we would not advise you to rush to accept a poor or unfitting agreement to avoid a tribunal process, we believe that all parties will ultimately show a willingness to reach a suitable agreement without resorting to Tribunal.

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 rest assured that we will provide you with a bespoke service at all times.

With our experts on your side, you can get the best possible outcome.

What is the difference between a settlement agreement and a compromise agreement?

There is no difference. Settlement Agreements (previously known as compromise agreements) are used when an employee and employer want to come to an amicable solution and avoid tribunal proceedings. A settlement agreement is sometimes referred to as a “golden handshake.” Negotiating this fairly is essential to keep both the employer and employee happy – but, very often, this negotiation doesn’t take place.

How we can help you with your Settlement Agreement

For Employers:

  • Draft a Settlement Agreement for you, taking into account the facts of the workplace related matter and the seniority of the employee
  • Ensure you are protected
  • Advise you on the terms of Settlement Agreement and ensure that you are satisfied with the amount offered to the employee
  • Negotiate a fair settlement agreement with your employee

For Employees:

  • Negotiate a settlement for you
  • Advise you on the terms of the Settlement Agreement and, if necessary, negotiate  any terms
  • Provide you with clear and pragmatic advice as to whether you have any potential claims
  • Advise you on whether you are getting a “good deal”

Benefits of a Settlement Agreement

For Employers:
A settlement agreement ensures that employers would not have to face any legal action in relation to any dispute in the future from their departing employee and can help them avoid a public employment tribunal claim.

For Employees:
Settlement Agreement includes an agreed settlement sum for employees which they would receive from their employer if they agree to not pursue any employment tribunal proceeding against their employer.  They can also negotiate a reference.

Contact our Settlement Agreement Solicitors London

If you want to discuss your settlement agreement matter with one of our expert Settlement Agreement Solicitors, call on 0207 903 6889 or request a call back at a time convenient for you. You can also drop us a mail at contact@davenportsolicitors.com. We aim to reply within 24 hours.

Call us now on

+44 020 7903 6888

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