Understanding the Role of Solicitors in Settlement Agreements
Settlement agreements are vital tools used by both employees and employers to amicably resolve disputes or end employment relationships. These legally binding documents often contain terms related to compensation, confidentiality, and post-employment restrictions. Given their importance, solicitors play a critical role in advising and negotiating these agreements.
What is a Settlement Agreement?
A settlement agreement, previously known as a compromise agreement, is a legally binding contract used to settle disputes between an employer and an employee. It typically involves the employee agreeing to waive certain rights, such as the right to bring a claim to an employment tribunal, in exchange …