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We are a specialist firm of employment lawyers based in Central London (or London EC1 to be exact) As employment solicitors we have given expert advice to scores and scores of people with compromise agreements get the best results for them. Call us today on 0207 324 6271 0207 324 6271 to speak to me or another qualified lawyer.
Compromise Agreements:
A Compromise Agreements are also often referred to as ‘redundancy agreements’ or ‘severance agreements’. Typically, if an employer is offering an employee a sum of money, the employer will only do so if it can be sure that the employee won’t turn round and sue them. A 'Compromise Agreement' is an agreement prescribed by statute to bring to an end statutory claims (ie unfair dismissal or discrimination) arising out of the employee's employment or termination of employment. A simple agreement in writing signed by the employer and employee will not prevent the ex-employee from bringing a claim. A letter ‘in full and final settlement’ is not enough. For the compromise agreement to be binding, the employee has to go off and get independent legal advice from an employment solicitor before signing away his/her rights. The employment lawyer should advise the employee on any potential claims arising so that the employee fully understands the legal issues, and the value of any potential claims, before signing away his or her rights. The employment solicitor who provides the advice must have a form of professional indemnity insurance in place.
Please see http://www.reculversolicitors.co.uk/compromiseagreements.htm &
http://www.compromise-agreement.org/
Reculver Solicitors is regulated by the Solicitors Regulatory Authority. Firm 405070. Principal. James Carmody. Serviced office. Meetings by appointment only.
