If an employer and employee are in dispute then they may formally settle that dispute by entering into a legally binding contract called a settlement agreement (previously known as a compromise agreement). A settlement agreement can be used to settle any disputes which would otherwise have to be settled by the employment tribunal or court. A settlement agreement will usually provide an employee with compensation. In return, the employee will agree not to pursue any legal claim that he or she may have against the employer (as well as agreeing to any further conditions that the employer may impose). This document is suitable for use in the UK only.
As part of this service, Nelsons will complete a Limited Review which will include reviewing the answers you input to the system, answering any reasonable questions you may have and making minor changes required to ensure you receive a document that is suitable your requirements based on the answers you gave the system. The time we spend on your document is limited, but designed to fit most people’s needs. Should your document require significant extra work, we will provide you with a quote for the additional work.