If you’re living in Dorset and are thinking about signing up to a compromise agreement, then the specialist team here at Bonallack and Bishop can help you.
Although compromise agreements were renamed as Settlement Agreements back in the summer of 2013, many people still use the old term to refer to them.
The need for independent legal advice
You must always get independent legal advice before agreeing to sign a compromise agreement. Without that kind of legal advice, your settlement simply won’t be binding.
Often compromise agreements are packed with legal jargon, and our legal team can help you understand your obligations in terms of the agreement, and also look out for your interests during the legal process. We can also advise you on whether your settlement is a fair one – and if not assist you in negotiating a better deal.
Why instruct us for your compromise agreement?
We specialise in compromise agreements just like yours. Give us a call today for FREE initial advice on the phone now on (01202) 834450.
You always get the best outcome by using solicitors for your compromise agreement who regularly do this sort of work. We are experts in this field and have hundreds of happy clients who our team have helped through the compromise agreement process.
We can help at any state of the compromise agreement process including:
- Ensuring that compromise agreement is legally binding
- Explaining all of the terms and conditions of the agreement and relating it to your situation
- Helping you negotiate a better settlement with your employer – if you are unable to reach an agreement on your own
- Giving advice on what you can do if you feel a settlement is not acceptable. This includes Employment Tribunal advice where appropriate
- Offer advice in a way which suits you – we are happy to deal with your agreement by email or phone, as it can be much quicker and simpler. However we are equally happy with face to face appointments.
- Offer advice on specialist agreements such as the NHS Mutually Agreed Resignation (MARS) or the VER (Voluntary Early Release) schemes.
Is a Compromise Agreement going to be very expensive?
In just about every compromise agreement, you would expect the employees reasonable legal fees to be paid by their employer.
Signing an employment settlement agreement should be easy and quick and will only involve your employer, the solicitor and yourself.
Do I need a face to face meetings with my solicitor?
Although it’s important that you get proper advice from an experienced solicitor, you don’t have to meet with them in person unless it is particularly convenient for you to do so.
Our highly experienced team are happy to take instructions by phone or by email. We have lots of experience in working on compromise agreements for clients throughout Dorset, so wherever in the county you live, get in touch with us today.
My Compromise Agreement. How long will it take?
Signing an employment settlement agreement should be easy and quick as it will only involve your employer, the solicitor and yourself. So it really shouldn’t take long.
Does a settlement agreement prevent me from taking any legal action against my employer?
In general terms, yes – that’s the whole point of getting independent legal advice and signing a compromise agreement – to make your agreed settlement legally binding and putting an end to any possible claims or action between you and your employer.
However there are 3 main areas that are not covered by your settlement agreement – and you can potentially make a further claim with regard to these limited issues despite having signed a valid compromise agreement. These are:
- A breach of contract claim (regarding any breach of terms of the agreement by either party)
- Personal injury claim (which is not excluded by the agreement)
- Claims in relation to accrued pension monies
Looking for legal advice on your compromise agreement? Our employment lawyers can help
Our expert employment law solicitors can help employers and employees can help you.
- Call us on (01202) 834450, or FREEPHONE 0800 1404544 OR
- Complete the email enquiry form below.