Raworths LLP
Settlements Agreements Settlements Agreements

Settlements Agreements

Business

We act for businesses as well as the people who create, own and invest in them, building long term relationships with our clients to understand the unique challenges and opportunities they face. Our depth of experience and knowledge is focussed on providing practical advice designed to meet all our clients’ business needs.

Individuals & Families

We understand how important your case is, our experienced teams are on hand to provide practical and effective legal advice. With one of the largest teams of lawyers in North Yorkshire we work for wealthy individuals and their families, trusts and family businesses - your needs are at the heart of what we do.

Property

Our Commercial, Residential and Agricultural Property teams have the expertise to help you deal with the opportunities and challenges of the freehold and leasehold real estate market. We have substantial depth of experience of the property world and its demands which gives us the crucial ability to help you achieve your aims.

Resolving Disputes

Disputes are an unavoidable fact of life, but when they happen it is essential to find a quick, effective and practical solution to the situation. Whether your issues are commercial or business related, family or personal, we have the depth of experience, imagination and expertise to help you solve your problems.

A Settlement Agreement is a legally binding agreement between an employer and an employee which governs the termination of the employment relationship on agreed terms and prevents the employee bringing claims against the employer at a later date. By entering into a Settlement Agreement the employee gives up certain legal rights usually in return for a severance payment or something else of value.  The law protects employees by stipulating that Settlement Agreements must meet certain specific criteria to ensure they are legally enforceable and providing these are met the Employer has certainty and peace of mind.

Settlement Agreements are a cost-effective and extremely swift way of resolving disputes with minimal legal cost and disruption to business. It also ensures the avoidance of employment litigation.  They can be an extremely useful tool to resolve situations where the employment relationship is just not working.

Settlement Agreements are commonly used in redundancy situations where employers provide more generous exit terms than would otherwise be due by law. This provides certainty; there is no comeback for any technical breach of procedure once a redundancy is concluded.

Our team of Harrogate based employment solicitors are experienced in advising on those situations where Settlement Agreements are appropriate (or not!) and the methods of offering them to employees. We can also draft an appropriate Settlement Agreement and negotiate its conclusion on your behalf.

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