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£250,000 Employment Settlement Agreement Reached in 2 Weeks

10th November 2016

By Employment Solicitor Rachel Newman

Client Situation

Mr W from Derbyshire, contacted our Employment Solicitors after having been approached by his employer with a Settlement Agreement. Following a company merger Mr W’s role was not required and a different management structure was being introduced.

Mr W was happy to accept the financial settlement being offered but wanted to ensure the wording in the proposed Settlement Agreement was fair.

How We Helped

Employment Solicitor Rachel Newman reviewed the proposed Settlement Agreement along with Mr W’s contract of employment. Rachel advised our client in detail about the wording of the proposed Settlement Agreement and noted some amendments were required.

From Rachel’s review of the proposed Settlement Agreement it was identified that wording was missing which would mean the client would receive slightly less than what had been agreed between the client and his employer.

Rachel also identified other amendments that were required to the body of the proposed agreement. Rachel corresponded with the employer seeking to have the necessary additions and amendments made.

The Outcome

Two weeks after receiving instructions from our client Mr W, the Settlement Agreement was signed securing our client an amount just under £250,000

Mr W was pleased matters had been resolved so quickly as his employment had ended leaving him in limbo until an agreement was reached and signed.

For legal advice on a Settlement Agreement offer, call our Employment Solicitors on 01618558356 or contact us and we will call you.

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I am so pleased with the settlement. I believe I'm a little shell-shocked, but the outcome has just started to sink in. Please accept my sincere appreciation for all your efforts and tenacity! Anonymous
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