Why You Need To Seek Legal Advice Before Signing An Employment Compromise Agreement
An employee whom has been asked to sign an employment compromise agreement by their employer should take positive steps towards getting independent legal advice asap. Without having taken some independent advice signing the agreement is fruitless as it will not be legally binding.
However, there are many other reasons why you should seek legal advice, preferably from specialist compromise agreement solicitors who are experts in this particular area of law.
The terms of these employment compromise agreements can be confusing at the best of times, especially for those that have no legal knowledge or background. As is the case with any legal document or agreement it is vital that you know what you are signing and agreeing to when using one of these agreements, and this is where specialist compromise agreement solicitors can prove invaluable.
These legal experts will be able to go through the terms of the agreement with a fine tooth comb to look for any terms or details that may prove detrimental to you. They are also able to negotiate the terms of the agreement with your employer to your advantage so that you get the best possible deal from the agreement. By using specialist legal experts you could find that you are far better off when it comes to the terms and settlement of the agreement, and often the employer is the one that pays for you to get this legal advice so you won't be out of pocket but could gain a lot more from the agreement.
Another important factor to take into consideration is that when you sign one of these agreements you are basically accepting a full and final settlement in exchange for agreeing to the terms of the agreement. It is therefore imperative that you fully understand the terms of the agreement and know what you are actually agreeing to. Your legal advisor will be able to explain all of the terms of the agreement to you in full detail so that you are fully aware of what you can and cannot do after signing the paperwork. This will help to ensure that you do not inadvertently breach the agreement thus invalidating it.
Remember, legal advice is a must in order to make one of these agreements legally binding, and it is well worth getting the best advice possible with expert solicitors that are accustomed to dealing with these agreements.
However, there are many other reasons why you should seek legal advice, preferably from specialist compromise agreement solicitors who are experts in this particular area of law.
The terms of these employment compromise agreements can be confusing at the best of times, especially for those that have no legal knowledge or background. As is the case with any legal document or agreement it is vital that you know what you are signing and agreeing to when using one of these agreements, and this is where specialist compromise agreement solicitors can prove invaluable.
These legal experts will be able to go through the terms of the agreement with a fine tooth comb to look for any terms or details that may prove detrimental to you. They are also able to negotiate the terms of the agreement with your employer to your advantage so that you get the best possible deal from the agreement. By using specialist legal experts you could find that you are far better off when it comes to the terms and settlement of the agreement, and often the employer is the one that pays for you to get this legal advice so you won't be out of pocket but could gain a lot more from the agreement.
Another important factor to take into consideration is that when you sign one of these agreements you are basically accepting a full and final settlement in exchange for agreeing to the terms of the agreement. It is therefore imperative that you fully understand the terms of the agreement and know what you are actually agreeing to. Your legal advisor will be able to explain all of the terms of the agreement to you in full detail so that you are fully aware of what you can and cannot do after signing the paperwork. This will help to ensure that you do not inadvertently breach the agreement thus invalidating it.
Remember, legal advice is a must in order to make one of these agreements legally binding, and it is well worth getting the best advice possible with expert solicitors that are accustomed to dealing with these agreements.
