In employment law, Settlement Agreements are an agreement where an employee (or a worker) agrees not to pursue certain statutory employment tribunal claims against an employer.
Settlement Agreements are legal documents that set out the details of an employee’s terms of departure where they are to receive e.g. a termination payment in return for the waiver of all actual and potential statutory (and usually common law) claims against the employer.
The employer normally pays a contribution towards the employee’s legal costs of taking the independent legal advice required by the employee.
If you want to talk about a Settlement Agreement, then please contact Peter Marshall.