A compromise agreement is an agreement by the employee not to pursue a legal claim against an employer. Compromise agreements can be a suitable solution in a number of different circumstances, such as unfair dismissal.
You should always seek specialist legal advice before entering into a compromise agreement. Without independent legal advice being taken, an agreement may not be legally binding. A specialist employment solicitor can help you to ensure that the agreement is suitable and fair to you.
Compromise agreements are usually offer by employers when an employee has a potentially valid claim against their employer, and is likely to pursue the claim or go to an Employment tribunal.
The compromise agreement will usually consist of a financial payment being made to the employee in return for them withdrawing their claim and agreeing to take no further action against the employer.
Here at Frisby & Small Solicitors we deal with all types of employment law cases. We represent employees and employers, so whichever side of the dispute you are on, we can help.
We offer a free initial consultation. Please contact us for more information.
Please call us now on 0116 233 5522 or complete the
Online Enquiry form on the right of this page and we will be delighted to help you.