Settlement agreements (formerly known as compromise agreements) are legally binding contracts between an employer and an employee (or worker). They are one of a limited number of ways in which employment disputes can be settled.
In addition, extensive regulation of the employment relationship means that many employers prefer to cut short normal process and procedure (and the risks of litigation) by offering favourable terms to an employee under a settlement agreement.
Typically, an employee accepts a sum of money (and possibly other benefits) in return for agreeing to not bring certain claims against the employer. Settlement agreements often, but not always, involve the termination of the employee’s employment.
The below is only a brief guide to some of the main issues to consider when dealing with settlement agreements. Each agreement needs to be prepared or considered in relation to the specific facts and circumstances of each case.
Watsons Solicitors has employment law specialists who are able to provide expert advice on settlement agreements.
For employees we advise on the terms and effect of draft settlement agreements, as well as negotiating more favourable terms and wording. We can also advise on the merits and value of claims.
For employers we prepare settlement agreements to ensure that the employer is properly protected, as well as advising employers on how best to broach the issue with an employee.
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Chris specialises in Personal Injury claims and undertakes a broad range of Litigation in the High and County Courts, Employment Law and Commercial Property. He is a Member of the Law Society Personal Injury Panel and an Association for Personal Injury Lawyers (APIL) Senior Litigator. He was appointed as a Deputy District Judge in 1997 and sits on the Northern Circuit. He is a past President of the Warrington Law Society.
Latham specialises in Employment Law, acting both for employers and employees across contentious and non-contentious matters.
Latham regular provides representation at Tribunals, County Court and High Court as well as working with employers to provide a holistic approach to employment law considerations. Latham is a member of the Employment Lawyers Association.
She went on to do her Graduate Diploma in Law at Manchester Metropolitan University and then completed the Legal Practice Course, graduating with a high commendation in 2016.
Lauren has previously worked at Slater and Gordon as a Fee Earner in the Industrial Disease Department. Lauren has also worked at JMW Solicitors as a Paralegal working in the Business Crime Department on the Hillsborough Disaster. She therefore has significant experience working in a corporate environment in a number of different disciplines. Lauren joined Watsons in July 2018 as a Trainee Solicitor.
Watsons Solicitors is a trading name of Watsons Solicitors Warrington LLP a Limited Liability Partnership registered in England and Wales registered number OC386012 whose registered office is 13 Bold Street, Warrington, WA1 1DJ.
Watsons Solicitors Warrington LLP is authorised and regulated by the Solicitors Regulation Authority number 598547.