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Settlement agreements, also known as compromise agreements, play a crucial role in resolving disputes between employers and employees. They are legally binding documents that outline the terms under which an employee will leave their job and potentially receive a financial settlement.

But do you need a lawyer when navigating the intricacies of a settlement agreement?

Settlement agreements are legal contracts that require careful consideration. Whether you work in customer service or a managerial role, you require to seek legal advice prior to signing the agreement and it is important that you do so at the earliest opportunity, as the drafting of a Settlement Agreement is key to ensuring both parties agree on the correct terms to resolve the issue and bring matters to a satisfactory conclusion.

Settlement Agreement often includes the agreement of financial settlement from the employer to the employee as well as obligations which the employee must stick to as part of that agreement and there are strict legal rules which must be followed in order for a Settlement Agreement to be valid. 

The good news is that if you are an employee, your employer will usually make a fixed contribution to the legal fees you incur taking advice on the Settlement Agreement. Often, this fee can cover the full cost of us advising you on the Agreement.

At Macnabs, we know that what matters most to you is achieving a fair Settlement Agreement and moving on. We can advise and assist you on all aspects of your agreement. We tailor make our legal advice specifically for you which means you will achieve a solution that’s fair and puts you first.