It may be the case that an employment relationship does not work out, and the parties feel that they should part ways on an agreed set of terms.

Alternatively, there can be situations where employers must take difficult decisions and need a settlement agreement to document the terms that have been agreed.

Settlement agreements are legally binding contracts which detail the terms of an agreed position between the parties, whereby an employee agrees not to pursue employment-related claims against you which is often in return for a consideration payment made by you. This can also result in either the ending of that individual’s employment or mark the closure of an ongoing dispute (but their employment continues).

Our team regularly advises and drafts settlement agreements on behalf of employer clients. Our team can assist where needed with negotiating those terms with the employee if needed and advising on the necessary steps to take. We will be able to quickly get to grips with your situation and provide you with the necessary advice and guide you through the process step by step.