solicitors

Negotiating a settlement agreement

  • Helping you understand what you’re signing

  • Free, no-obligation consultation within 24 hours

If you have been asked to sign a settlement agreement our experienced employment solicitors can help with legal advice and negotiate the best deal possible.

Clear, to-the-point legal advice

During your consultation we will carefully assess your situation and provide you with tailored advice. Our solicitors will give you advice that is straight to the point – with no baffling legal jargon.

We can represent you in negotiations with your employer, including whether you should actually sign the agreement. We will also advise you on other terms in the agreement, such as agreeing not to poach your old employer’s staff or to compete against them for a period of time, non-financial benefits, confidentiality clauses, and references.

Appointments to suit you

We understand that our clients are busy people who are often working to tight timescales. We endeavour to book an initial, no-obligation consultation the next day. We can offer face-to-face meetings in our offices in Bath, Wells or Sherborne or a telephone appointment.

If you would like to discuss your settlement agreement with us, please call 01225 750 000 to book your free, no obligation consultation.

Frequently asked questions

Signing a settlement agreement means that you are unable to bring a claim in a Court Tribunal against your current or former employer. In return for this, you normally get financial compensation, and so it is important you know what rights you are agreeing to sign away.

Yes, the employee must receive independent legal advice before signing the agreement for it to be binding.

Your employer will normally contribute towards your legal fees and you will typically pay nothing for the initial appointment. We will invoice your employer directly.

That depends on the offer – how much it is, the terms of the offer and the strength of any claim you have and what you might win should you take your claim to an Employment Tribunal. We will assess your situation and provide you with straight to the point advice on whether the offer can be improved upon.


Our team will work with you to get you the best possible deal.

There is more to the Settlement Agreements than how much money is being offered. We discuss with you what else you want to get out of the Agreement and deliver our advice accordingly. Other terms may include:


  • Agree a reference to help you get a new job, including regulated references for the financial services industry. We can help you draft a reference and negotiate a reference.
  • Make sure all payments, monies and benefits you are entitled to under your contract are covered – salary, accrued annual leave, commission payments, bonuses and benefits such as private health care, company car and mobile phone.
  • Internal announcement – we can negotiate on internal or external announcement to colleagues and other stakeholders. Should there be an announcement? And if so, what should it say?
  • We will check your contract for post-employment restrictions such as non compete clauses and have them shortened or waived altogether to allow you to move on and secure a new job.

We understand that Settlement Agreements need to be finalised quickly and our employment team is able to provide advice and support at short notice.


The time it takes to finalise a Settlement Agreement varies case by case. Payments and benefits are usually provided to the employee within 7 to 21 days of the Settlement Agreement being finalised.

A lump sum of up to £30,000 can be paid tax free. We will negotiate the Settlement Agreement is structured in a way that limits the tax payable by you.

If you would like to discuss your settlement agreement with us, please call 01225 750 000 to book your free, no obligation consultation or email the team with your enquiry.

 

Meet the team

Sean McDonough
Sean McDonough
Partner and Head of Department
Lucy Cotterell
Lucy Cotterell
Human Resources Consultant
Annie Hill
Annie Hill
Paralegal

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