Settlement Agreement Solicitors in Lincoln
Problems at work are never easy and finding a solution during such a stressful time can feel overwhelming. The Employment Tribunal is always open to employees seeking a solution, however, the process of achieving a positive result this way can be lengthy and daunting.
Whether you are an employee facing a workplace issue or an employer facing a legal claim from an employee or former employee, a settlement agreement could help you find an amicable and positive solution without the stress and effort of pursuing or defending a legal claim.
A settlement agreement formally ends an employee’s contract of employment and waives their legal claims. In return, the employer will usually agree to pay a sum of compensation and provide other incentives such as a good reference. This allows the employer to continue with their business without ongoing threat of litigation whilst providing the employee with closure.
How our settlement agreement solicitors in Lincoln can help
We advise both employers and employees giving us a unique insight into the feelings and expectations of both parties to employment law disputes. We use this experience during settlement discussions to help individuals and businesses find a solution swiftly and cost-effectively.
Settlement agreement advice for employees in Lincoln
Whether you have been unfairly dismissed from your job, or you have a work grievance such as discrimination or harassment, a settlement agreement is a great way to positively resolve an employment law dispute without having to go through the long process of applying to the Employment Tribunal.
Although it can sometimes feel like the odds are stacked against you, particularly if your employer is a large company, settlement agreement negotiations can actually give an employee a lot of power. Most employers are keen to settle disputes before they reach the Employment Tribunal to protect themselves from the costs and potential negative publicity. Your employer may even be prepared to pay some of your legal costs to secure a successful settlement agreement. This gives us a lot of scope to negotiate on your behalf and achieve a result that allows you to move on with your life and career with no further worries.
Settlement agreement advice for employers in Lincoln
A settlement agreement is often a beneficial way for a business to avoid the negative impact of protracted Employment Tribunal proceedings. So long as the agreement is legally valid, once your employee signs it, they will agree to waive their legal claims against you and will be unable to take you to an Employment Tribunal.
In return you will generally have to pay a sum of money and agree to other terms. However, signing a settlement agreement is usually not an admission to any of the employee’s grievances. Such agreements are also confidential, protecting your business from the potential of any harmful publicity that might arise from public Employment Tribunal proceedings.
For a settlement agreement to be valid, it must fulfil specific legal requirements, including that the employee must receive independent legal advice. For this reason, it is important to consult an employment law solicitor before embarking on settlement agreement negotiations to ensure the final document’s validity. We can also negotiate the terms of the agreement on your behalf to ensure you get the best possible deal.
Why choose Chattertons’ settlement agreement solicitors in Lincoln?
We are one of the leading law firms in the East Midlands for employment law advice. We have been recognised by esteemed client guide, the Legal 500, and ranked Tier 4 for our expertise. Noted for our ‘knowledgeable team’ and ‘prompt responses’, we can help with a full range of employment law matters and disputes, from day-to-day HR support to disciplinary issues and grievances.
We aim to provide an exceptional level of service to every individual who comes through our door. With our advice, resolving a dispute using a settlement agreement can be the most straightforward and cost-effective option for both employer and employee.