Settlement Agreements and Termination Packages

Forbes Solicitors are industry leaders in providing the best in legal advice within the employment law sector and can help you to avoid Employment Tribunal and Court claims by preparing Settlement Agreements to formalise the termination of your staff members' contracts.

A settlement agreement (formerly known as 'compromise agreement') is a legally binding document under which an employee waives their right to bring any claims against their employer, usually in return for a sum of compensation, or some other form of termination package.

In order for a settlement agreement to be legally binding, various statutory requirements must be met such as:

  1. The agreement must be in writing,
  2. It must identify the potential claims being waived by the employee and
  3. The employee must have sought independent legal advice on its terms and effect prior to signature.

Forbes Solicitors can help you every step of the way, from advising on the level of compensation to be offered under a settlement agreement and negotiating a severance package, to drafting the settlement agreement itself.

Forbes Solicitors work with you to get the best results and save you time and money by offering a tailored service that has your best interests at heart.

If you would like further information on settlement agreements, please contact Forbes' Employment law team by email or call us on freephone 0800 689 0831.

Get in touch

Get in touch to see how our experts could help you.

0800 689 0831

We find that the Forbes team take a pragmatic and supportive approach and enjoy working with their team.

Jayne Mizon
HR Manager
Kepak Convenience Foods

More clients

We approached Forbes Solicitors on a recommendation because as a small independent organisation we needed clear guidance and backing on HR matters.

Stephen Neaves
Manager
Piccadilly Garden & Support Service

More clients

The Forbes team were fantastic, the work and effort they put in was impressive and I was made to feel at ease throughout the proceedings. I can not thank the Forbes team enough

Peter Morley

More clients

Without doubt Jonathan Holden is like a security blanket. He understands that schools need to act in the best interest of school as a whole

Brenda P Allen
FCIPD

More clients

Jennifer was great and worked beyond the call of duty. No faults.

James Darby

More clients

I will keep promoting you and your services because I'm fully committed to the quality of your work and the impact that it has in school.

Sharon Asquith
Principal
Ashton Community Science College

More clients

Amy Stokes was more than helpful throughout the whole process - Thank you Amy.

Stephen Fielden

More clients

Forbes are proactive in relation to changes in legislation and keep me informed via regular seminars, updates and bulletins.

Nicola Watson
Business Support Manager
Birchall Catering Supplies Ltd

More clients

I have always found everyone at Forbes to be approachable, helpful and professional, and would have no hesitation in recommending them to any other business

Catherine Ogden
Commercial Director
E A Foulds Limited

More clients

May I say how much the employment team at Forbes have helped Samlesbury Hall with staff issues over the past ten years.

Sharon Jones
Hall Director
Samlesbury Hall

More clients

...we have found Forbes to be an excellent team of people to work with, fully understanding our needs and goals.

Landon Helsby
Managing Director
Apeks Marine Equipment Ltd.

More clients

Make an enquiry