What is a High Value Settlement Agreement? Employment Law revealed...
Ashley Hunt, Director, Employment Solicitor
Lawson-West Solicitors, Leicester & Market Harborough
Developing an exit strategy from your employee can be a highly stressful and complex event, often involving sensitive negotiation, clarity on exactly what is being offered in relation to share plans, bonuses, pension entitlements and post termination restrictions.
Garden leave, handovers, internal and external announcements may also be issues for negotiation and therefore it is important to obtain expert advice on all of these issues to ensure that an exit is both beneficial to yourself and agreeable by your employer.
As solicitors based outside of the City and major capitals, we are best placed to ensure independence and bespoke advice relating to your situation. With decades of experience in dealing with settlement agreements and exit negotiations, we will ensure that your exit leaves you in the best financial situation possible.
Our advice is tailored specifically to your situation and will be dealt with empathy and understanding. All our Employment solicitors have significant experience in dealing with high level settlement agreements involving:
Notice issues including garden leave
Confidentiality and non-derogatory terms
Intellectual property Issues
Share plans and Bonus entitlement
Internal and external announcements
Generally, our advice and work will not be charged over you, as we will ensure that our fees for reviewing the Settlement Agreement on your behalf are met by your employer as part of the Settlement Agreement.
10-Step Guide to Calculate Your Settlement Agreement
Calculating the sum of money you are owed is highly involved and there is a lot to take into consideration. Given the vast amount of details you need to check, we have put together a step-by-step guide that covers everything you need to think about.
"I received excellent service from Lawson-West solicitors in providing me with employment legal services. Ashley Hunt carried out the work efficiently, in a timely manner with professionalism, expert knowledge, always friendly, helpful and courteous. Great customer service from the Lawson-West team from first contact through to completion of the work. Highly recommended."
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