If you require advice on a Settlement Agreement, it is vital that you take advice from an experienced employment solicitor.

Fortunately, we have a team of specialist employment solicitors based in the centre of London who regularly advise both individuals and companies on all matters relating to settlement agreements and negotiations.

By law, you need to take independent legal advice before signing the Settlement Agreement. When we have booked your appointment, we will meet with you to review your situation carefully and advise you on the Settlement Agreement in plain English. Your Settlement Agreement solicitor will provide you with tailored advice to ensure that the agreement is worded correctly and adequately compensates you.

Our service will always include advice in relation to:

  • any legal claims you are giving up
  • negotiating an increased settlement where required
  • obtaining an agreed reference
  • taxation.

How much might I receive and will it be taxed?

Each Settlement Agreement is different but the level of compensation is often dependent on your length of service, your contractual benefits and the value and merits of any claims you are giving up. If you feel that you have not been offered enough compensation, please raise this with us as we regularly negotiate better terms and increased compensation for clients.

Generally compensation of £30,000 can be paid tax free. We will review your agreement to ensure your compensation is tax efficient.

How long will it take?

We understand that our clients are busy people and, wherever possible, we will book an appointment for the next working day. If, after the appointment, no further work is needed on the agreement, we can send the signed Settlement Agreement to the company after the appointment.

How much will it cost?

Your employer will normally contribute towards the cost of the advice, and in most cases you will pay nothing for the initial appointment. We will invoice your employer directly to make things as simple as possible for you.

What our clients have said about our Settlement Agreement service

“The solicitor gave me confidence that I could seek redress and negotiated a successful outcome”

“A brilliant service from the first call through to the final settlement”

“The solicitor was incredible helpful, honest and a pleasure to work with”

“The solicitor was very helpful from start to finish. He explained everything clearly and exceeded expectations”

“The solicitor achieved a much better result and took away the strain”


Where in London is Royds Withy King based?

Our office at 69 Carter Lane is right in the heart of the City of London, nearby to St. Paul’s Cathedral. It is easily accessible via Blackfriars Tube Station or St Paul’s Tube station, and we always try to meet our clients either at our office or – if preferred – at their home.

The full address for our London office is:

Royds Withy King
69 Carter Lane
London
EC4V 5EQ

For directions and travel information please visit our office page here.

 

Hear from our clients

Making a Settlement Agreement tax efficient

Our client was an employee at a large PLC who resigned a result of discrimination. Following protracted negotiations between ourselves ...

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Drafting amendments to protect clients & save them...

Our client was a director being made redundant who wanted to get everything done as quickly as possible. After reviewing the settlement...

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Read more on the Info Hub

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