Settlement Agreement

Settlement Agreement

Outset is renowned for its expertise in preparing and negotiating tax efficient settlement agreements and advising on employment termination.

A legally binding document preventing later claims on settlements it has made, a settlement agreement is a practical way of creating certainty. Most commonly used on termination of employment, the employee must take independent legal advice. Generally, the employer will contribute to the cost.

Even after a fair process, many employers prefer the certainty of an agreement, often also using it to address issues such as post termination restrictions and confidentiality.

For larger clients making regular use of agreements, Outset has pioneered highly cost effective online document creation facilities including:

  • Agreements prepared by the client’s HR team, using consistent templates
  • Guidance notes
  • Tracking of changes during negotiation.