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Settlement Agreements

Settlement agreements are essential for protecting the interests of both employers and employees, offering a structured and amicable resolution to potential claims. Their complexities can be challenging, making expert guidance invaluable in ensuring a smooth and effective process.

What is a settlement agreement?

A settlement agreement is an agreement between an employer and an employee in which the employee agrees not to bring claims against the employer. There are certain statutory requirements that have to be met for a settlement agreement to be valid, and one of these is that the employee has to take independent legal advice on the agreement before signing it. That’s where we come in.

How can Mayo Wynne Baxter help?

Settlement agreements can be used in many different situations and everyone’s circumstances are unique, so it is important to get the right advice. We understand that it may be a difficult time and the process can be confusing, but we are here to help you and explain it all. Our friendly team of solicitors advises on hundreds of settlement agreements each year, covering everything from straightforward voluntary redundancies to high value complex disputes.

We regularly act for clients all over England and Wales and can advise you by telephone, email or online meeting (Zoom/Teams/Skype etc), whatever suits you best.

Whatever your situation, our solicitors take the time to discuss the terms of the settlement agreement with you. We can advise you on issues such as notice pay, bonuses, employee benefits and potential claims. Unlike some other firms, we will talk you through your options and where appropriate, we can negotiate with your employer to ensure you get the best possible deal.

How much will it cost?

Normally in settlement agreement situations the employer pays for your legal advice (up to an agreed contribution). In the vast majority of cases our charges are within the contribution, so we would invoice your employer and there would be nothing for you to pay. If for some reason costs may be higher, we will always talk to you about this beforehand.

If you have been given a settlement agreement, or if you are in a situation where a settlement agreement may be an option, we are happy to help – please contact us

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Why choose Mayo Wynne Baxter's legal services

Our employment solicitors provide expert advice to business across a range of sizes and sectors.

  • Expertise: Specialised team of employment law experts
  • Compliance: We helps businesses stay up-to-date with employment law updates
  • Client Focus: Tailored advice for businesses of all sizes and individuals

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