It is worth reminding you that any restrictive covenants or post-termination restrictions contained in your employment contract are in addition to your obligations under your settlement agreement. If you need legal advice on the terms of your settlement agreement or compromise agreement, please contact an employment solicitor at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php […]
Entries Tagged as 'Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement'
Restrictive covenants/Post-termination provisions in your employment contract
February 19th, 2014 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Your Compromise Agreement is a Binding Contract
Tags: Being made Redundant·Employment Contract·Post-termination·Restrictive covenant·Settlement Agreement
Redundancy – Post-termination Clause – Non Compete – Restrictive Covenants in Settlement Agreements
December 12th, 2013 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Non Compete, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Settlement agreements normally contain non-compete clauses preventing ex-employees from working for competitors for some time. In times like these, where many industries have shrunk due to companies going out of business, there are clearly less competitors in the market and therefore less choice of companies for ex-employees to seek jobs with. This can be a […]
Tags: Non Compete·Post-termination Clause·Redundancy·Restrictive Covenants in Settlement Agreements
Employment Law, Redundancy, Post-Termination, Employment Contract, Compromise Agreement
March 5th, 2013 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Non Compete, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Your Compromise Agreement is a Binding Contract
From our experience of advising people on redundancies, we have seen that some employers restrict their employees for up to 1 year before they can work for a competitor. This post-termination restriction will normally be set out in the employment contract as well as a compromise agreement, if the employee is being made redundant. If […]
Tags: Compromise Agreement·Employment Contract·employment law·Post-termination·Redundancy
Redundancy, Compromise Agreement, Legally Binding, Severance, Employment Law
January 2nd, 2013 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
Employees facing redundancy should be aware that until a compromise agreement is signed, it is not binding. Compromise agreements are only be legally binding when signed by both parties, i.e. the employee and employer. The significance of this is that any offer of a severance package is made ‘without prejudice’. If you need legal advice […]
Tags: Compromise Agreement·employment law·Legally Binding·Redundancy·Severance
Redundancy, Employment Law, Negotiation, Redundancy Payment
December 11th, 2012 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Negotiating a Settlement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment
Whether redundancy pay is negotiable or not really depends on the employer. There may only be a fixed budget allocated to making redundancies. Also, it is likely to depend on: the relationship the employee has with the company; the role he or she has in the company; his or her seniority; as well as circumstances […]
Tags: employment law·Negotiation·Redundancy·Redundancy Payment
Employment Law, Confidentiality, Made Redundant
November 1st, 2012 · No Comments · Breach of Confidential Information, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Offer of Employment, Re-employment, Reason for Leaving, Redundancies, Redundancy, Redundancy law
We are still seeing issues around confidentiality in redundancies. If you are unsure about what you are allowed to say with regards to the reason for your redundancy, you should check with your employer. This issue tends to crop up when interviewing for a prospective employer. Confidentiality usually prevents disclosure to any individual with the […]
Employment Law, Redundancies, Compromise Agreement, Independent Legal Adviser
May 2nd, 2012 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Redundancy Pay
If you are being made redundant and your employer provides you with a compromise agreement, a date would normally also be provided by which you must have returned it. The employee must ensure the compromise agreement is signed along with the adviser’s certificate, which is signed by the independent legal adviser, and returned by the […]
Tags: Compromise Agreement·employment law·Independent Legal Adviser·Redundancies
Employment Law, Redundancy, Compromise Agreements, Redundancy Payment
April 23rd, 2012 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Severance Pay
We have vast experience of advising employees on their redundancy rights. When it comes to an employer making redundancy payments, these are generally only paid upon receipt by the employer of two signed hard copies of the compromise agreement. Therefore, once you have been advised on the terms of your compromise agreement and this has […]
Tags: Compromise Agreements·employment law·Redundancy·Redundancy Payment
Employment Law, Post-Termination Provisions, Employment Contracts, Compromise Agreements
April 17th, 2012 · No Comments · Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Non Compete, Non Solicitation, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination of Employment
As employment law solicitors, we advise employees on redundancies and the terms of their compromise agreements. We often find that they are unaware of, or do not fully consider the risks of breaching certain provisions that apply upon termination of employment, including non-solicitation and non-compete provisions. To reiterate what such provisions mean: Non-solicitation provisions prohibit soliciting/dealing […]
Tags: Compromise Agreements·Employment Contracts·employment law·Post-Termination Provisions