A compromise agreement will only be binding on both the employer and the employee if the employee has taken independent legal advice. Without that advice the compromise agreement is unenforceable.
The role of the solicitor is to advise you on your legal rights so that you can understand exactly what you are giving up in signing the compromise agreement. We offer that service and more.
We analyse the terms of the financial offer for you, setting out for you what amount your employer would be required to pay you in any event and whether we think you may be entitled to, or could negotiate more. For example, you may have a good claim for unfair dismissal or for discrimination or unpaid bonus or commission. We will tell you how good your claim is and give you advice as to how much that potential claim may be worth. We are often able to negotiate bigger settlements for our clients.
If there are bonuses, commission payments or share options at stake, we are highly experienced in resolving these issues and fighting for your entitlement.
Obviously, you may want to negotiate the deal yourself...and it may be the best tactic. In those circumstances, we are more than happy to keep in the background supplying you with the information you need to negotiate and get the best deal yourself.