Compromise Agreements
A compromise agreement can be a very effective way to ensure that you are adequately compensated for the termination of your employment without the need to bring a formal claim against your employer which can be expensive, time consuming and may attract potentially damaging publicity.
The basis of a compromise agreement is that the employer offers you some further financial compensation or other incentive to enter into the compromise agreement and in turn, by signing the agreement, you give up your right to bring an employment related claim against your employer.
We can assist in negotiating compromise agreements for all employees at all levels of seniority. We are experienced in dealing with compromise agreements ranging from relatively routine settlements to complex, structured deals with a value of hundreds of thousands of pounds.
If you have been presented with a compromise agreement by your employer we will be happy to discuss this with you. Indeed, the law requires that you take advice upon such an agreement.
T 01754 897150