Business Law | Compromise Agreements

A compromise agreement is a legally binding agreement which formalises a full and final settlement between an employer and employee on termination of employment. It usually provides for a severance payment by an employer in return for which an employee warrants not to pursue any claim he⁄she may have.

Compromise agreements are an effective way of resolving employment disputes and avoiding legal proceedings, saving you time and money. We can help you with the process of offering a compromise agreement to an employee and can draft a compromise agreement for you which is tailored to your individual circumstances.

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