Clear Advice on Settlement Agreements
A Settlement Agreement is a legally binding contract between an employer and an employee that sets out the terms of ending the employment relationship. It usually involves the employee receiving a financial payment or other benefits in exchange for agreeing not to pursue certain legal claims against the employer.
Settlement Agreements are often used in situations such as workplace disputes, redundancies, or agreed exits. They provide certainty for both parties, but only if the terms are fair and properly understood.
Easy going straight forward approach to every issue you can trust Cartys.
William
Do Not Sign Anything Before Getting Legal Advice
In Scotland, for a Settlement Agreement to be legally valid, you must receive independent legal advice from a solicitor. This protects your rights and ensures you understand exactly what you are agreeing to.
We review the agreement carefully, explain the terms in plain language, and highlight any risks or restrictions. Our aim is to give you clarity and confidence before you sign anything.
Understanding Settlement Agreements
Settlement Agreements are generally offered when a role is being made redundant, where there is a workplace dispute or grievance, when your employer wants to end your employment on agreed terms, or following long term sickness absence. They may also arise when there is a mutual decision to part ways.
For a Settlement Agreement to be valid in Scotland, you must receive independent legal advice from a solicitor. This ensures you understand your legal rights and options, are clear on any restrictions or confidentiality clauses, understand the consequences of signing the agreement, and avoid signing away rights you may later regret.
Our Settlement Agreement Services Include
We review the Settlement Agreement carefully and explain the terms in plain language, ensuring you fully understand what is being offered and what you are agreeing to before you sign anything. In most cases the cost of this advice is covered by your employer, and the fee is agreed in advance.
We advise on restrictive covenants such as non-compete clauses and explain how these restrictions may affect your future employment.
We complete the required legal formalities quickly and efficiently so the agreement can proceed without delay, enabling you to move forward. Settlement Agreements often involve tight deadlines, and we act promptly to protect your position.