Employer Settlement Agreements (Compromise Agreements)
Whether it is because of limitations on resources, timing issues or for commercial reasons, it is not always possible or preferable for a company to go through lengthy detailed dismissal procedures. We regularly advise company clients on the use of settlement agreements (compromise agreement) as a management tool.
Recent instructions include:
- Advising a company client on the use of settlement agreements in a voluntary redundancy scheme offering enhanced voluntary terms
- Using a settlement agreement to record the terms of negotiated non-solicitation and non-dealing provisions, following a successful investigation of competitive activity
- Advising a company client on the offer and subsequent implementation of a settlement agreement as an alternative to the use of complex performance management procedures
If you would like more information on settlement agreements (compromise agreements) please click here.
If you would like to speak on a confidential basis to one of our solicitors in relation to settlement agreements (compromise agreements), please call us on 0203 178 5360 or you can email us through our secure contact form.