A settlement agreement is a legally binding contract between an employer and employee that sets out the terms on which the employee’s employment ends. In return for agreeing not to pursue employment claims, the employee typically receives a financial settlement and other agreed terms (such as a reference or confidentiality provisions).
For employers, settlement agreements offer peace of mind, minimise legal risk and protect the reputation of your business. However, poorly drafted agreements may be unenforceable and leave gaps in protection.
What does a settlement agreement solicitor do?
Our expert settlement agreement solicitors provide clear, practical advice to ensure your settlement agreement is legally robust and aligns with your business’ objectives.
Our team is here to support businesses at every stage of the process, from drafting terms to negotiating exits and protecting your commercial interests.
When are settlement agreements used?
Employers commonly use settlement agreements in a range of scenarios, including:
- Redundancies and restructuring
- Managing underperformance or misconduct
- Ending employment during or after long-term sickness absence
- Resolving workplace disputes or grievances
- Exiting senior executives or directors
- Avoiding lengthy disciplinary or capability processes
Whether part of a strategic workforce change or a one-off issue, we can guide you through the process efficiently and pragmatically.
Read our FAQs below to learn more about settlement agreements.
Why choose B P Collins as your settlement agreement solicitors?
With over 50 years of experience in employment law, we’re consistently ranked by Chambers UK and The Legal 500 for the strength of our employment practice. Our solicitors have helped hundreds of employers – from start-ups to multinational corporations – navigate exits with confidence and clarity.
Our team understands the importance of swift action. We aim to provide same-day or next-day advice.
Price and service transparency
In most cases, your employer will contribute to your legal costs. We offer fixed fees for reviewing and advising on settlement agreements. Where further negotiation is required, we’ll agree on transparent fees in advance and keep you updated every step of the way.
View our price and service transparency here.
Contact our settlement agreement solicitors today
For immediate advice, contact our settlement agreement lawyers on 01753 889995 or email enquiries@bpcollins.co.uk. We can offer same-day appointments by phone, video call or in-person from our offices in London, Ickenham, Thame and Gerrards Cross.
