Settlement Agreements

Our specialist employment lawyers at GN Law can help you negotiate a compromise or settlement agreement. We’ll ensure the terms are fair and that you get the best deal possible. 

Understanding Settlement Agreements

Settlement agreements play a crucial role, particularly in situations involving redundancy or dismissal. If you encounter such circumstances, your employer might propose a settlement agreement. This legally binding document allows you to potentially resolve, waive, or compromise any claims you may have against your employer. It’s important to note that, as you’ll be relinquishing your legal rights, the law requires you to seek independent legal counsel before signing any settlement agreement.

Business partners sit at a table and sign a contract to purchase commercial property.

Advantages Of A Settlement Agreement

Opting for a settlement agreement offers numerous benefits, such as:

  • Receiving a lump-sum payment, with the potential for up to £30,000 to be tax-free.

  • Avoiding the stress, expenses, and delays associated with pursuing a claim in the tribunal.

  • Maintaining confidentiality and preserving your reputation, even in cases of disciplinary action.

  • Securing an agreed reference, simplifying your job search by eliminating concerns about what your employer might otherwise disclose.

Why Choose GN Law for Settlement Agreements?

Regardless of the reason behind your settlement agreement, whether it’s due to redundancy, health or performance issues, or as part of your employer’s organisational restructuring, GN Law is here to support you throughout the entire process.

How GN Can Assist You

Our dedicated team of lawyers specialises in providing expert advice on the terms and implications of your settlement agreement. We ensure that the terms are fair, and if you’re dissatisfied with the offered amount, we’ll negotiate on your behalf to secure the best possible outcome.

For expert assistance with your settlement agreement in Huddersfield, get in touch with our employment solicitors today or simply complete our contact form on the right-hand side. GN Law is committed to safeguarding your rights and helping you achieve a fair resolution during this critical legal process.

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