It is common for an employer to pay either all or a contribution towards the employee’s legal fees for advice on a Settlement Agreement. We will often provide a fixed-fee for settlement agreement advice and aim to work to the fee being contributed by the employer. This means that in many situations we are able to advise an employee on their Settlement Agreement for free.
Our fees to advise on a Settlement Agreement vary depending on the complexity of the Agreement and whether you need advice on the financial offer itself or just the wording of the Agreement. Solicitors’ fees for settlement agreement advice usually range from between £500 and £1,000 plus VAT. If substantial negotiations on the payments or terms are required, the cost may be more. If the fee offered by your employer is not sufficient we will inform you and we can often negotiate a higher sum with your employer.
If you have been given a settlement agreement and would like us to provide you with a fixed fee to advise you on it, please contact us on 01483 303636 to speak to one of our solicitors. We will be happy to discuss your requirements and provide you with a no-obligation estimate of fees.