A compromise agreement is a binding agreement between the parties to a dispute to settle it out of tribunal or court. It is very common for an employee to be given a compromise agreement to sign:
There is a benefit for both the employer, who knows that it will not face any claims in the tribunal, and the employee, who is usually paid an extra (usually tax-free) sum for giving up his or her right to bring a claim.
It is both a legal requirement and very important for the employee that full advice is received on the settlement. This advice must be from a qualified lawyer, which includes a barrister.
At New Walk Chambers we have several barristers who specialise in employment law who can provide advice on compromise agreements. The advantages of choosing a barrister from New Walk Chambers are:
Please contact us with any queries or to arrange advice.
The compromise agreements law barristers regularly deal with work in the following towns (and all major cities UK wide):
The compromise agreements law barristers group consists of: