Compromise Agreement Solicitors & Lawyers » Necessity for Legal Advice on the Terms of Your Compromise Agreement

Employment Law, Compromise Agreements, Confidentiality, Post-Termination Restriction

admin — Tue, 31 Jan 2012 10:52:36 +0000

In terms of redundancy and compromise agreements, confidentiality means that you cannot disclose, not only the agreement itself, but also the fact that you entered into the agreement, as well as its terms. You should also make sure that before disclosing anything to your spouse or partner that you are able to do so as sometimes such persons are excluded from the remit of the obligation. Typically, disclosures to legal advisers and HMRC are allowed.

If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

© RT COOPERS, 2012. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.

Employment Law, Redundancy, Confidentiality, Redundancy Pay

admin — Thu, 15 Dec 2011 09:02:32 +0000

Some employees are still not aware of the importance of confidentiality and complying with those provisions within their employment contracts as well as the confidentiality provisions within their compromise agreements. A breach of any of these provisions will in most cases, and at the very least, lead to the employees being made to repay any redundancy payments as a debt to the company.

If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

© RT COOPERS, 2011. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.

Employment Law, Compromise Agreements, Confidentiality, Employment Contract, Post-termination

admin — Fri, 04 Nov 2011 12:01:47 +0000

Employees must at all times remember that there are confidentiality terms in their employment contracts. Post-termination of employment, employees will still be bound by the confidentiality provisions in their employment contracts as well as the confidentiality provisions in their compromise agreements.

If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Redundancy, Compromise Agreements

admin — Mon, 31 Oct 2011 10:51:16 +0000

Employees facing redundancy can be very optimistic about their futures. We advise a large number of employees on their compromise agreements and it’s those employees that take a positive view on redundancy that seem to have a job even before their termination date.

If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Compromise Agreement, Warranty, Shares, Bonuses, Share Options

admin — Fri, 28 Oct 2011 09:11:19 +0000

In some cases an employee may have to give a warranty in respect of not pursuing any claims regarding any shares, bonuses or share options after signing the compromise agreement. If an employee has any share options schemes or any shares in the employer company then this must be addressed either in the compromise agreement or in a side letter from the employer company.

If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Compromise Agreement, Independent Legal Advice

admin — Thu, 27 Oct 2011 08:57:59 +0000

Some employees are still misunderstanding what it means to take independent legal advice on a compromise agreement. What this means is that the employee has to receive independent advice from a solicitor on the implications of signing a compromise agreement before the employee signs the compromise agreement.

If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Compromise Agreements, Early Signing, Work out Notice, Warranty

admin — Fri, 14 Oct 2011 17:57:44 +0000

Sometimes employees are asked to sign a compromise agreement early and work out their notice periods, where they may have at least two to three months left before their termination dates. The usual practice is for the employers to ask the employees to sign additional warranties to cover the period from which the employees sign the compromise agreements to the termination date.

If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Compromise Agreement, Disciplinary, Negotiation, Dismissal

admin — Thu, 13 Oct 2011 13:16:19 +0000

Where an employee has accepted a compromise agreement instead of going through a disciplinary procedure, we have found that employers are less accommodating on certain points of the offer. It is down to hard negotiations and whether the employee really wants to incur such costs for negotiations. In saying that, however, there are key points that must still be included in the compromise agreement irrespective of the parties’ wishes.

If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Compromise Agreements, Offers, Negotiation, Legal Advice

admin — Wed, 12 Oct 2011 07:42:04 +0000

Employees need to know when to accept an offer from an employer and when to negotiate to try and increase this offer. This is when an employee should seek legal advice.

If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law:

Employment Law, Compromise Agreement, Signed Original Copies, Redundancy Payment, Adviser’s Certificate

admin — Tue, 11 Oct 2011 13:22:16 +0000

Employers will not pay any redundancy payments unless they have received signed original copies of compromise agreements with the accompanying advisers’ certificates included. Although it is usual practice to return electronic copies to employers they tend not to pay compensation payment unless they receive original compromise agreements. This must be taken into account by employees and their independent legal advisers.

If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: