Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement'

Employment Law, Redundancy, Legal Advice, Compromise Agreements

February 9th, 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, Employment Tribunals, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Unfair Dismissal

Upon receiving a letter stating that an employee is at risk of redundancy, he or she should immediately seek independent legal advice. The legal adviser will advise you on the implications of the compromise agreement you will be signing. This applies in redundancy situations or where employees reach settlement with their employers in light of […]

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Employment Law, Compromise Agreements, Legal Advice

February 7th, 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, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Independent Legal Advice, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Signing Compromise Agreements

Signing compromise agreements may seem daunting where employees do not have much knowledge about redundancy or their employment rights. It is important for an employee to obtain redundancy advice before signing a compromise agreement to properly understand its terms, as a breach can have serious implications. For example, a breach may lead to an employee […]

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Employment Law, Redundancy, Holiday, Payment in Lieu of Notice

January 10th, 2012 · 2 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, Entitlement to Untaken Accrued Holidays, Holiday Entitlement, Independent Legal Advice, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Taxation, Untaken Holidays

As employment law solicitors, we regularly advise clients on employee rights in relation to redundancy, particularly around holiday entitlement and whether payment in lieu of notice is taxable (PILON).  When it comes to compromise agreements, it is always advisable to clearly set out any untaken accrued holidays and PILON and to show these separately. If […]

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Employment Law, Redundancy, Payment in Lieu of Notice, Settlement Payment

December 14th, 2011 · 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, Payment in Lieu of Notice, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Taxation

In order for an employer to provide an employee with payment in lieu of notice, this must be referred to in the employee’s employment contract. Some employers are incorporating the notice period as part of the settlement payment, which is tax free. We always advise that there is a risk that Inland Revenue may decide […]

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Employment Law, Compromise Agreement, Independent Legal Advice

October 27th, 2011 · 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

Some employees are still misunderstanding what it means to take independent legal advice on a compromise agreement. What this means is that the employee has to receive independent advice from a solicitor on the implications of signing a compromise agreement before the employee signs the compromise agreement. If you require further information about redundancy law, […]

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Employment Law, Confidentiality, Trade Secrets, Redundancy Payment

October 19th, 2011 · 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, Keeping the Terms of your Compromise Agreement Confidential, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Restrictive Covenants

Employees sometimes do not realise the importance of the need to keep the business affairs, trade secrets, marketing information and financial information about their employers confidential, especially post-termination. A breach of a compromise agreement may result in the employee having to repay the redundancy payment. If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit […]

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Employment Law, Compromise Agreement, Disciplinary, Negotiation, Dismissal

October 13th, 2011 · 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, Grievance, Independent Legal Advice, Legal Fees, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Negotiating a Settlement, Offer from your employer, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Termination of Employment, Termination Payment

Where an employee has accepted a compromise agreement instead of going through a disciplinary procedure, we have found that employers are less accommodating on certain points of the offer. It is down to hard negotiations and whether the employee really wants to incur such costs for negotiations. In saying that, however, there are key points […]

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Employment Law, Compromise Agreements, Offers, Negotiation, Legal Advice

October 12th, 2011 · 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, Consultation, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Negotiating a Settlement, Offer from your employer, Redundancies, Redundancy, Redundancy law, Settlement Payment

Employees need to know when to accept an offer from an employer and when to negotiate to try and increase this offer. This is when an employee should seek legal advice. If you require further information please contact us at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php http://www.rtcoopers.com/faq-redundancyemployee.php http://www.employmentlawyersinlondon.com/video.php http://www.employmentlawyersinlondon.com http://www.compromiseagreementlonuk.com/ © […]

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Employment Law, Compromise Agreement, Signed Original Copies, Redundancy Payment, Adviser’s Certificate

October 11th, 2011 · 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, Signing Compromise Agreements

Employers will not pay any redundancy payments unless they have received signed original copies of compromise agreements with the accompanying advisers’ certificates included. Although it is usual practice to return electronic copies to employers they tend not to pay compensation payment unless they receive original compromise agreements. This must be taken into account by employees […]

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Redundancy Pay, Employment Law Compromise Agreement

May 22nd, 2011 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Employment Lawyers, Employment Solicitors, Employment Tribunals, Payment in Lieu of Notice, Payment of Legal Advisers, Payment of Normal Salary, Payment Terms, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Severance Pay, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment

Employees facing redundancy are finding that a number of employers are simply offering statutory redundancy pay.  Some employers are just offering the notice period to employees as their redundancy pay.

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