Paris Smith LLPParis Smith LLPParis Smith LLPParis Smith LLPParis Smith LLPParis Smith LLPParis Smith LLPParis Smith LLPParis Smith LLP
Solicitor Southampton UKLegal advice from Southampton’s premier law firmSolicitors in Hampshire, South Coast England UKLitigation, Business Defence, Corporate Recovery and Insolvency, Family LawWills, Inheritance, Estate and Trust Administration, Tax, Buying and Selling your Home, Mediation and Collaborative LawParis Smith LLP is regulated by the Solicitors Regulation AuthorityCommercial Property and Planning services from Southampton#8217;s premier law firm

Compromise Agreements

Particular Focus on:  

Advising on all aspects of compromise agreements, including:-

  • Advising on potential liability and the prospect of success of the matter if taken to tribunal, including the projected cost and award if the employee is successful;
  • Drafting the agreements;
  • Advising on and agreeing references;
  • Advising on restrictive covenants and other terms;
  • Advising on post termination issues; and
  • Dealing with complex issues for directors with share options and share holdings.

Work with:

We work with employers of all sizes. In addition we act for a large number of individual employees, of levels  up to and including directors.

Projects for the service worked on:

 

We have advised employers of all sizes and employees on numerous situations in which a complaint was settled without hearing. With the increasing costs of taking a complaint to tribunal, settlement is often the most preferable method of resolving a complaint available to both parties.  

 

A compromise agreement is a method available to ensure that both the employer and employee have a swift and often more cost effective solution to their particular issues.

 

We have advised on high value agreements, including several agreements with settlement figures of over £1,000,000. In addition, we have drafted and advised on large scale redundancies.