Drafting Compromise and Settlement Agreements

Settlement Agreements

Settlement agreements, which used to be called compromise agreements, can play an important part in ending an employment relationship, but there are some important legal safeguards for employers in the way that they are used. To find out how you can use these safeguards and protect your business, you really need to contact our employment team.

Poole Alcock’s employment team can explain the conditions that make settlement agreements legally binding, such as:

• The offer having to be in writing.
• The agreement having to relate to a particular complaint.
• The employee having to receive advice from a relevant independent adviser about the impact of the agreement on their ability to pursue a claim in an employment tribunal, and much more.

We are well versed in working within the ACAS statutory Code of Practice and can protect your business from ending up on the wrong side of the law.

Poole Alcock’s team of employment lawyers can guide you safely and legally through the process of initial ‘without prejudice’ discussions, through to a legally binding agreement. Our aim is to secure the best outcome for your business.