It is common for an employer to pay a contribution to the cost of this legal advice. Settlement agreements vary in complexity. Solicitors normally charge between £500 and £1,000 (plus VAT) for advising an employee on a settlement agreement. If substantial negotiations on sums and terms are required, the cost may be more than what your employer offers to pay. However, where relatively straight forward and negotiations for a higher sum are not necessary, we aim to advise employees within the sum offered by the employer which means that in most situations we are able to advise employees for FREE. If the sum offered by your employer is not sufficient we will inform you and we can often negotiate a higher sum with the employer.
Settlement Agreements
How much does your advice cost?
What is a Settlement Agreement?
Will I need to pay tax on the settlement sum?
Will I need to keep the Settlement Agreement confidential?
Will I be able to bring any claims against my employer after I sign the Settlement Agreement?
Will I get a reference?
I’m an employer, can I instruct you to draft settlement agreements?
