Compromise agreement

Sarah Nandhra LL.B. (Hons) LL.M.
0113 320 5000
employment@winstonsolicitors.co.uk

Winston Solicitors LLP employment team provide specialist advice on Compromise Agreements in the UK.

A Compromise Agreement can be a very effective way of resolving a dispute with an employer without resorting to tribunal proceedings. Our solicitors can negotiate the terms of a Compromise Agreement on your behalf and ensure that your best interests are fully protected. Most employers will pay the legal fee in order to allow an employee to seek advice on the agreement.

If you have been asked by your employer to sign a Compromise Agreement, you need to make sure that you obtain the best possible advice before terminating your contract. These agreements are designed to draw an employment contract to a close or to make amendments to a contract in a fair and reasonable way, you should not be prejudiced as a result of the process.

At this time of turmoil you may need professional help. Why not call our helpline today for an informal no obligation discussion about your case,

Your questions answered

What is a Compromise Agreement?

A legally binding document prepared by your employer setting out all the terms (including any financial settlements) on which your employment relationship will come to an end.

Why do employers offer a Compromise Agreement?

Employers usually offer Compromise Agreements to stop employees from bringing any potentially costly or uncertain claims against them in the Courts or Employment Tribunal.

Who benefits from a Compromise Agreement?

Although it may appear that Compromise Agreements only benefit employers, with our expert advice you can ensure that all issues between you and your Employer are resolved and you receive a fair and appropriate settlement.

We can also help to ensure that the Compromise Agreement covers all relevant points that are important to your particular situation.

What is in a Compromise Agreement?

Usually a document consisting of several pages outlining issues such as:

The details of any severance payment you are to receive at the end of your employment.
Settlement of any claims the employee may have against the employer.
Assurance by the parties that no future legal action regarding your employment relationship will be pursued.
The details that will be provided to other employers after your departure.
The reference you will receive from your employer (we usually agree the wording of any references).
Whether certain matters are required to be kept confidential.
Whether there will be any restrictions placed on the employee after leaving the employer.

Can you Change your mind once a Compromise Agreement is signed?

Although you do not have to accept a Compromise Agreement offered by your employer, once you have signed the document, it is seen as full and final settlement of any potential claims you may have against your employer.

If all the required formalities are fulfilled, a Compromise Agreement is a legally binding agreement and cannot be revoked.

Also, an agreement will often contain legal jargon.

For these reasons it is essential that you receive independent legal advice from a qualified solicitor who is adequately insured.

Why choose us?

Our experienced team of employment solicitors provide expert advice on Compromise Agreements of all levels of complexity.

If the agreement offered by your employer is not adequate, we can negotiate on your behalf to protect your interests and attempt to secure you a more suitable settlement.

When instructing Winston Solicitors LLP, you will receive creative and practical solutions to your problems with a high level of service and dedication, ensuring that you receive the appropriate termination package.

Read what our clients have recently said about our Employment Service in our client testimonials.