Settlement Agreements

To receive advice on a settlement agreement or have a question in relation to one answered, please contact us.

employment workplace

Settlement Agreements

A Settlement Agreement (formerly known as a compromise agreement) is a contract made between an employee and employer in order to settle a dispute. Most often they are used to record the termination of employment but not always. An employee who enters into a settlement agreement will give up the right to bring employment-related claims against their employer and will normally receive an enhanced sum of money or other benefit for doing so.

You may be offered the settlement agreement by your employer because there is a redundancy situation or the relationship between you and your employer has broken down. Whatever the reason, you must receive independent legal advice on the terms and effect of the agreement.

We offer a fast, efficient and personal service to meet your needs. Our specialist Employment Solicitors have a wealth of experience in negotiating settlements and will work with you to achieve the best possible settlement. In most cases, your employer will be responsible for your legal costs so you won’t have pay anything.

If you have been offered a settlement agreement then our Employment Solicitors can meet with you at our offices in Axminster, Bovey Tracey, Brixham, Chard, Exeter, Exmouth, Honiton, Launceston, Newton Abbot, Paignton, Seaton, Sidmouth and Torquay. We can also advise you by telephone on 01626 202404.

To receive advice on a settlement agreement or have a question in relation to one answered, please contact us.

Settlement Agreement FAQs

What is a Settlement Agreement?

A Settlement Agreement (formally known as a Compromise Agreement) is a legally binding contract between an employer and employee to compromise an employee’s contractual and statutory claims, mainly on the termination of employment. By law, an employee will need to take independent legal advice before signing a Settlement Agreement. The employer will usually offer compensation to the employee in exchange for the employee ending their employment and agreeing not to bring any claim against them.

What are the benefits of a Settlement Agreement?
When would a Settlement Agreement usually be offered?
How much do you charge for advice on a Settlement Agreement?

Resources

Contact Us Today

Please enable JavaScript in your browser to complete this form.
Subscribe

Latest News

Buy to let

Understanding Buy to Let: Key Tenancy Requirements for Landlords

Changes to mortgage interest relief and a surcharge on stamp duty for second homes has made many landlords to reconsider whether they should be renting or not. It would seem that property price growth has…

Read More
Animals in Distress: Left to right Neil Thomas, Rowana Rowan, Amanda Angus, Peter Richards

WBW Solicitors Partners with Animals in Distress to Offer 10% Discount on Writing Wills

WBW Solicitors’ Private Client department is thrilled to announce their partnership with Animals in Distress, a local animal rescue charity in South Devon. Animals in Distress relies on the kindness and generosity of the public…

Read More
Laura Thompson staff profile

Meet the Legal Expert – Laura Thompson

Here at WBW, we value every one of our team members. Each member of staff has their own stories, motivations and reasons why they enjoy working for WBW Solicitors. Today we talk to Laura Thompson,…

Read More
Rowcroft Make a Will Week 2023

WBW Solicitors Supports Rowcroft Hospice’s Make a Will Week 2023

We at WBW Solicitors are proud to announce our continued support for Rowcroft Hospice through their Make a Will Week initiative. This year, we’ve successfully raised an impressive sum of £6,025 for the charity, a…

Read More
Nurturing the Future of Law: WBW Solicitors Announces Trainee Solicitor and Summer Work

Nurturing the Future of Law: WBW Solicitors Announces Trainee Solicitor and Summer Work

WBW Solicitors is proud to announce that we have embraced a new cohort of aspiring legal minds with three new Trainee Solicitors who joined us in September this year. Looking ahead, we are excited to…

Read More
Interest Rates: A Remarkable End to Increases

Interest Rates Stabilise: Navigating the New Normal in the UK’s Property Market

The recent trajectory of interest rates has undoubtedly been at the forefront of everyone’s thoughts. However, in a surprising turn of events, the Bank of England’s base rate has recently remained stable following a remarkable…

Read More
Adverse Possession

Adverse Possession: A Guide to Claiming Unregistered Land

An adverse possession claim can be presented to the Land Registry if you are occupying land, by “squatting”, but it is not currently registered to you. It might be that you are occupying a small…

Read More
simon dusting relocates to wbw paignton office

Relocation Announcement: Simon Dusting Joins WBW Solicitors’ Paignton Office

WBW Solicitors, one of the leading legal firms in the region, is delighted to announce the relocation of Simon Dusting, a distinguished Solicitor from the firm’s Exeter office to their Paignton branch. Since joining WBW…

Read More
Emma Oakley staff profile

Meet the Legal Expert – Emma Oakley

Here at WBW, we value every one of our team members. Each member of staff has their own stories, motivations and reasons why they enjoy working for WBW Today we talk to Emma Oakley, a…

Read More
Building Regulations Indemnity Insurance

Understanding Building Regulations Indemnity Insurance: What Buyers and Sellers Need to Know

Where works to a building are carried out that needed Building Regulation Consent, the general consensus until recently was that, if it was more than twelve months ago, then the Council would not be able…

Read More
Agreeing access arrangements for children – welfare considerations

Agreeing access arrangements for children – welfare considerations

A relationship breakdown often means a dramatic change in life for all involved and when parents live apart, arrangements need to be agreed about how and when children will see each of their parents. If…

Read More
Navigating Estate Disputes: Understanding Challenges and Solutions with Amy Read

Navigating Estate Disputes: Understanding Challenges and Solutions with Amy Read

When a loved one dies, attending to the administration of their estate is lengthy, complex, and emotionally draining. What makes this even more difficult is when executors find themselves entangled either in disputes with other…

Read More

What Our Customers Say

Jenny Kemp
I have been extremely satisfied with your excellent services, efficiency and availability during the painful process I have had to undergo these past weeks. I am very pleased at the satisfactory and speedy outcome and would not hesitate to recommend WBW to my friends.
Read More
Joanne Aggett

Joanne Aggett and Secretary always made time to answer any questions I had regarding my case.

Read More
James Edmonds

James was absolutely brilliant, and I will be recommending him and your company to anyone needing a solicitor. I can’t thank James enough for the time and effort that was put into my case. Without James I would not have had the outcome I did.

Read More
Sam Thompson

Thank you very much indeed for the way in which you handled my purchase. It was a stressful time and you were most supportive and kind so I want to thank you so much for that.

Read More
Kerry Curd

Kerry Curd of WBW Solicitors has been providing us with employment related legal services for the past six months. We have taken up the option of the monthly consultancy fee for these services which has proved extremely easy to manage and provides us with the peace of mind in knowing that Kerry is available to answer any queries, provide advice and write letters/ documentation as required without us incurring additional costs.

Read More
Portia Woodhouse

It’s not often these days that one encounters efficiency coupled with good old fashioned integrity.

Read More
Catherine Grinter

Catherine Grinter went above and beyond my expectations. I would highly recommend her! Excellent Service.

Read More
Carlie Broome

We have been impressed with your regular updates and helpfulness.

Read More
Yvonne Kellow

Thank you so much for the work you have done for me. I will definitely be recommending you to others.

Read More
Penny Evans

I have greatly appreciated the helpful way that you have steered my case to a satisfactory conclusion. Your patience, tenacity, clarity and skill have been impressive. It has certainly been a most enlightening learning experience….You made the whole process much easier for me and have explained each stage of it clearly. I really appreciate this. Thanks for all your help

Read More
Gill Bratcher

Gill is thoroughly professional, approachable and extremely pleasant to deal with. She handled everything with assurance and expertise and kept me informed of progress and guided me clearly through the whole process. Selling property can be stressful – this time, it was simple and relaxed. I recommend Gill wholeheartedly.

Read More
Rebecca Stanbury

The service provided was highly professional, and I was kept well-informed throughout the process. The final cost was within what was initially stated. I will not hesitate to use their services again in the future and would confidently recommend them to others. Thank you.

Read More

Pay Online

To make the process as easy as possible you can pay Law Bills up to a maximum of £5000.00 online by credit or debit card using your Matter Number and Law Bill Number. These details can be found on the Law Bill issued to you. Please ensure that you pay the correct amount as shown under the Total Due amount on your Law Bill.

For assistance with your online payment, please consult our handy guide.

Product total
Options total
Grand total