Compromise Agreement
COMPROMISE AGREEMENT SOLICITORS HAVERING
Are you based in Havering and recently been made redundant, been dismissed or have decided not return to work after taking maternity leave? If so, it is highly likely you will be in possession of a compromise agreement which are being increasingly used by employers to stem the tide of employment tribunal claims.
Compromise
The essence of compromise agreements is in the name; in essence they are a compromise between employers and employees. Employees promise to not pursue legal claims through the courts or employment tribunals. In return, you employer will offer you a certain sum of money (above statutory payments in redundancy cases) and other benefits.
Before signing any agreement
Compromise agreements can be thought of as contracts, and before signing contracts what should you do? Check the terms and conditions of course. If you posses a compromise agreement, it is absolutely essential that you properly check over terms and conditions and seek ‘independent’ legal advice before signing it, otherwise the agreement will be legally invalid. Havering solicitors, in the majority of cases, will be able to advise you on the agreement free of charge as employers will generally agree to pay for legal costs.
Negotiating an agreement
More than just purely advising you on the legal consequences of the agreement, Havering solicitors strives to pick the agreement apart and negotiate a better deal if at all possible. We have years of experience in dealing with compromise agreements, so we are generally aware of what is and is not a good package for the situation you are in.
As compromise agreements have been legally approved for use through government legislation, you can often expect the agreement to be heavy in jargon and fairly standardised. The agreements can, however, be redrafted if necessary and Havering solicitors are fully prepared to help you with this process.
Other courses of action?
If you sign a compromise agreement, you will be legally precluded from taking any claims you potentially have against the employer to an employment tribunal, as the agreement is legally considered to have settled any pre-existing claims. Prior to you signing any agreement, Havering solicitors will ascertain the circumstances which resulted in you being offered the agreement in the first place and advise you on whether legal action is possible or appropriate.
Are you based in Havering and recently been made redundant, been dismissed or have decided not return to work after taking maternity leave? If so, it is highly likely you will be in possession of a compromise agreement which are being increasingly used by employers to stem the tide of employment tribunal claims.
Compromise
The essence of compromise agreements is in the name; in essence they are a compromise between employers and employees. Employees promise to not pursue legal claims through the courts or employment tribunals. In return, you employer will offer you a certain sum of money (above statutory payments in redundancy cases) and other benefits.
Before signing any agreement
Compromise agreements can be thought of as contracts, and before signing contracts what should you do? Check the terms and conditions of course. If you posses a compromise agreement, it is absolutely essential that you properly check over terms and conditions and seek ‘independent’ legal advice before signing it, otherwise the agreement will be legally invalid. Havering solicitors, in the majority of cases, will be able to advise you on the agreement free of charge as employers will generally agree to pay for legal costs.
Negotiating an agreement
More than just purely advising you on the legal consequences of the agreement, Havering solicitors strives to pick the agreement apart and negotiate a better deal if at all possible. We have years of experience in dealing with compromise agreements, so we are generally aware of what is and is not a good package for the situation you are in.
As compromise agreements have been legally approved for use through government legislation, you can often expect the agreement to be heavy in jargon and fairly standardised. The agreements can, however, be redrafted if necessary and Havering solicitors are fully prepared to help you with this process.
Other courses of action?
If you sign a compromise agreement, you will be legally precluded from taking any claims you potentially have against the employer to an employment tribunal, as the agreement is legally considered to have settled any pre-existing claims. Prior to you signing any agreement, Havering solicitors will ascertain the circumstances which resulted in you being offered the agreement in the first place and advise you on whether legal action is possible or appropriate.