In the face of organisational restructuring and the inevitable impact on multiple roles due to redundancy, employers often extend enhanced redundancy terms to employees as part of Settlement Agreements.
These agreements serve as a mutually beneficial arrangement, providing employees with advantageous terms in exchange for their acceptance of the redundancy. This gives the employer commercial certainty moving forward.
However, ensuring the legality and fairness of these agreements is paramount. Each employee must seek out independent legal advice to safeguard their rights and interests.
We are experts in guiding both employers and employees through the intricacies of Volume Settlement Agreements. With extensive expertise and a commitment to legal compliance, we ensure that every agreement is transparent, fair, and legally sound.
From advising on the terms of Settlement Agreements to conducting signing days for large cohorts of employees, we offer comprehensive support tailored to meet the unique needs of each client.
When we act for employers we act in the best interests of the employer.
When we act for employees we act in the best interests of each individual employee.
What our large scale Settlement Agreement services include:
For Employers
Advising on a fair process
Advising on and drafting a standard Settlement Agreement
Liaising as necessary with the employer/HR to completion of the agreement
For Employees
(When approached by the employer to provide independent legal advice to a number of employees)
Clear advice to each employee on the meaning and implications of their Settlement Agreement
Advice on their employment rights and whether the Settlement Agreement should be signed or renegotiated in their case
Either attendance at site to meet with employees or remote advice by telephone or video conference
Signature on site or remote e-signature
Economies of scale
Employees should only instruct the solicitor they are comfortable instructing and should be confident that the solicitor will act in their best interests.
The benefit to an employer of introducing one firm to the employees is that economies of scale can be utilised to reduce the fee charged for each agreement.
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Contact us today for help with your Settlement Agreement.