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Employment Law

Compromise agreements

The process of drafting these compromise agreements can be quite intensive and it is vital that you comply with employment regulations. We are happy to offer no obligation advice, so call our experts free of charge today.

What are compromise agreements?

A compromise agreement is a legally binding contract between an employee and an employer. The terms laid out in the agreement can vary depending on the nature of the situation. A compromise agreement may be drafted following a dispute or before an employee’s contract of employment is terminated. Employers need to be very careful before signing a compromise agreement and make sure it is drafted by an experienced legal professional.

What can Lance Mason do for me?

Our experts can tailor your compromise agreement to fit your specific situation. We can help with drafting:

  • Arrangements regarding salary, expenses, bonuses, commissions, holiday leave etc.
  • Business  terms regarding confidentiality and restrictive covenants
  • Arrangements regarding termination of payment
  • Terms agreed for completion of notice period
  • Reasons for the termination of employment

Compromise agreements can influence the future of your business both financially and professionally. Without legal assistance, you may become liable to lawsuits so it is crucial that you seek the help of a solicitor.

Why should I choose Lance Mason?

We are a client-focused company committed to providing first rate advice and legal representation. You are important to us and we will make sure you have utmost faith in the people working on your behalf. We will not pepper you with legal jargon and make sure that the service is simple so that you can focus your attention on other business matters.

Contact us today

For free, no obligation advice, call our experts today on 08000 84 2000.

 

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