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Compromise Agreements
PublicBarrister.Com

  • What is a Compromise Agreement?

     

    A Compromise Agreement is a legally binding agreement following the termination of your employment. It usually provides for a severance payment by your employer, in return for which you warrant not to pursue any claim you may have to an employment tribunal. Quite often, the Compromise Agreement will also deal with the notice element in your contract of employment and any other clauses you or your employer may want included.

     

    Why do I need a lawyer?

     

    In order for a compromise agreement to be binding it is a legal requirement for it is explained to you by a qualified professional. According to the Employment Rights Act 1998, that advice can only be given by a qualified lawyer, a qualified trade union official, or a qualified advice centre worker, all of whom must be covered by an appropriate certificate of indemnity insurance and must confirm they have given you this advice in writing.

     

    Probably more importantly for you; your barrister will advise you if the terms offer you the correct protection and will also advise you if you are being offered a suitable amount of compensation. The number of years you have worked, any issues you have had during your employment, your final salary, job title, and the reason for the termination are all important factors.

     

    We will make sure you aren’t getting a raw deal.

     

    Why You Should Contact Us

     

    You may have had a 'without prejudice' discussion with your employer following a dispute or redundancy. The next stage is receipt of your compromise agreement when you should give us a call.

     

    Unlike other firms, we only use experienced employment law barristers. Our team of specialist employment barristers provides expert advice on compromise agreements of all levels of complexity. They do this every day of the week and there is no better advice available anywhere. And if the employer's offer of settlement is not at the right level, we will negotiate on your behalf to obtain a better deal, all for one fixed price.

     

    Our Fees

     

    This shouldn’t cost you anything. Whilst you will ultimately remain responsible for our fees, unless a large amount of negotiating is required, the employer's contribution is likely to cover our fees in the vast majority of situations. We make out an invoice in your name but payable by the employer and send this directly to them.

     

    Is a Meeting Necessary?

     

    No. In many cases we can arrange a telephone conference with you at a convenient time. However in complicated circumstances or if you would prefer a face to face chat, a meeting can be arranged at the chambers of our barristers located in most major cities in England & Wales. On receipt of a copy of your compromise agreement we will be able to advise you if a meeting is necessary.