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Employment Lawyers London – Legal Costs For Advising on Compromise Agreements

July 6th, 2010 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Legal Fees, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Payment of Legal Advisers, Your Compromise Agreement is a Binding Contract

 Legal fees – Employees tend to be very worried abot how much they would have to pay to receive advice on their compromise agreements. The usual practice is that the employer would pay us a contribution towards the employee’s legal fees plus VAT if the compromise agreement is executed by the employee and subject to receipt of an invoice addressed to the employee but marked payable by the employer, and subject to confirmation from us that such legal costs were incurred solely in advising the employee regarding the termination of the employee’s employment and the preparation of the compromise agreement.  We have a policy that we would not charge an employee more than the contribution payable by the employer unless we have to engage in negotiations on behalf of the employee (subject to a minimum amount-

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© RT COOPERS, 2010. 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.


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