Settlement Agreements are common place and it is all too easy just to explain them to the client and sign them off. Acting for an employee, the skill is teasing out the underlying issues that brought the agreement into play in the first place. Is the package on offer sufficient in the circumstances or would the client be better off trying to negotiate improvements or not sign at all? Acting for employers, we look for the agreement to cover all it needs – confidentiality, post-termination restrictions, announcements and references are all common areas of discussion in addition to the financials.
Our employment lawyers closely examine the facts on each occasion and will advise you on the types and value of claims you may be giving up. We advise on the income tax implications of the financial package and may have suggestions on how it can be structured differently to benefit employer, employee or both.