If you are in the unfortunate position of being made redundant then it is very likely that your employer will insist on you signing a compromise agreement.
What is a compromise agreement?
This is a document that agrees that you will sign away your rights to bring any form of claims against your employer in the future .It is prepared exclusively for your employers benefit despite anything that there may be in the agreement for you in terms of payment. Please visit our frequently asked questions page for more information on this topic.
Because it is such a serious measure the law requires that you take legal advice on the agreement from and independent legal advisor .TM Law are independent legal advisors and can advise you on the effect and content of the agreement you are being asked to sign.
It is usual for your employer to pay the advisor for the advice and if this is not the case we will agree a fixed fee for the advice in advance with you.
The compromise agreements exclude all future claims you may have and therefore it is very important that you are advised properly by truly independent legal advisors
TM Law are very experienced in advising on compromise agreements and in the last year alone Terry Maylin of TM Law has advised on hundreds of compromise agreements where people have been given anything from £1,000 to £500,000 in payoffs by their employers.
SO IF YOU WANT TO RECEIVE TRULY INDEPENDENT ADVICE ON YOUR COMPROMISE AGREEMENT DONT DELAY CONTACT US TO ARRANGE A MEETING
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