Settlement Agreement Advice for Individuals

A settlement agreement, formerly known as a compromise agreement, is a legally binding agreement between an employee and an employer. The agreement will set out the terms and conditions agreed between an employee and employer, upon the termination of a contract of employment or in order to resolve a dispute.

An employer will usually request such an agreement where they are looking to ensure that the employee does not proceed with an employment claim against them. The settlement agreement will record the terms and conditions agreed between the parties and will provide clarity and certainty.

In return for an employee signing a settlement agreement, the employer will generally offer some form of financial compensation. It is imperative that you understand the terms contained within the agreement before signing; in fact, under the Employment Rights Act 1996, it is a legal requirement that an employee receives independent legal advice prior to a settlement agreement being signed.

It is usual for the employer to pay, or at least, contribute, to the the legal costs incurred in relation to obtaining independent legal advice. At Ison Harrison Solicitors we will seek to ensure that these fees are paid in full by your employer.

When will a Settlement Agreement be Used?

  • In relation to redundancy
  • In relation to a dismissal
  • To record a mutual agreement between employer and employee
  • In order to settle an Employment Tribunal claim

At Ison Harrison Solicitors, our Employment Department have a considerable depth of knowledge when advising on compromise and settlement agreements. The head of our Employment Department, Yunus Lunat, has over 20 years’ experience as a specialist employment solicitor.

Our Employment Department is able to offer same day appointments so do not hesitate to contact Ison Harrison Solicitors if you require independent legal advice on a Settlement Agreement, contact our Employment Department on 0113 284 5023.

Watch Our Settlement Agreement Advice Video

Client Testimonials

Yunus Lunat

Yunus Lunat – Head of Employment Law

I’d like to thank you for your help Yunus – your reassurance on the day itself was greatly appreciated. On the one hand, I hope I never have to be in touch again, but I feel safe in the fact that if needs be I know you're quality!

Edward Brown

Employment for individuals
5
2020-08-04T15:59:11+01:00

Edward Brown

I’d like to thank you for your help Yunus – your reassurance on the day itself was greatly appreciated. On the one hand, I hope I never have to be in touch again, but I feel safe in the fact that if needs be I know you're quality!
If you require a company that can help you with "Employment law" look no further. Wonderful representation by Yunus. Very efficient, knowledgeable and most helpful throughout. He was in constant contact and exceeded all my expectations; nothing was too much trouble for him. Thank you once again and I would highly recommend this company.

David Howson

Employment for individuals
5
2020-06-09T12:03:18+01:00

David Howson

If you require a company that can help you with "Employment law" look no further. Wonderful representation by Yunus. Very efficient, knowledgeable and most helpful throughout. He was in constant contact and exceeded all my expectations; nothing was too much trouble for him. Thank you once again and I would highly recommend this company.
Eve, I Just wanted to express my gratitude for your help last week with my enquiry on employment law. It was very kind of you to take the time to attend my call and provide me with support

Isabel

Employment for individuals
5
2020-01-24T16:03:08+00:00

Isabel

Eve, I Just wanted to express my gratitude for your help last week with my enquiry on employment law. It was very kind of you to take the time to attend my call and provide me with support
It was a pleasure speaking to Yunus Lunat, who was very prompt and allowed me to get things all in order

Gill

Employment for individuals
5
2020-01-24T16:03:36+00:00

Gill

It was a pleasure speaking to Yunus Lunat, who was very prompt and allowed me to get things all in order
Excellent Service

Tony

Employment for individuals
5
2020-01-24T16:03:56+00:00

Tony

Excellent Service
Helpful, listened and explained everything.

Phil

Employment for individuals
5
2020-01-24T16:04:31+00:00

Phil

Helpful, listened and explained everything.
Thanks Yunus for your assistance in turning around in 4 hours.

Stewart

Employment for individuals
5
2020-01-24T16:04:53+00:00

Stewart

Thanks Yunus for your assistance in turning around in 4 hours.
Many thanks for all your help…you were very helpful and efficient and had a great service.

Julie

Employment for individuals
5
2020-01-24T16:05:16+00:00

Julie

Many thanks for all your help…you were very helpful and efficient and had a great service.
Great solicitor and great listening skills… Yunus understood my needs and concerns.

Ms A Singh

Employment for individuals
5
2020-01-24T16:05:57+00:00

Ms A Singh

Great solicitor and great listening skills… Yunus understood my needs and concerns.
Mr Lunat has been the most helpful, reassuring and informative. He was awesome in his questioning of the Respondents witnesses, I cannot thank him enough. I have no hesitation in recommending Mr Lunat to anyone facing a Tribunal.

Mrs E Mildenhall

Employment for individuals
5
2020-01-24T16:06:22+00:00

Mrs E Mildenhall

Mr Lunat has been the most helpful, reassuring and informative. He was awesome in his questioning of the Respondents witnesses, I cannot thank him enough. I have no hesitation in recommending Mr Lunat to anyone facing a Tribunal.
Your support during the most stressful period was invaluable to me and knowing I did have the option to leave and sue the organisation have be the strength to get through it.

Emma

Employment for individuals
5
2020-01-24T16:06:42+00:00

Emma

Your support during the most stressful period was invaluable to me and knowing I did have the option to leave and sue the organisation have be the strength to get through it.
Very happy with the service. I contacted Ison Harrison Solicitors for advice regarding a settlement agreement contract. The Head of Employment Law responded immediately and my query was dealt with within 24 hours. Quick and efficient service, cannot recommend enough.

Jordanna

Employment for individuals
5
2020-01-24T16:07:23+00:00

Jordanna

Very happy with the service. I contacted Ison Harrison Solicitors for advice regarding a settlement agreement contract. The Head of Employment Law responded immediately and my query was dealt with within 24 hours. Quick and efficient service, cannot recommend enough.
5
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Employment for individuals