Settlement Agreement Solicitors in Aberdeen
At DJP Solicitors, we provide specialist legal advice and support for settlement agreements across Aberdeen and the North East of Scotland. Our services extend to Aberdeenshire, Elgin, Montrose, Peterhead, Forfar, Dundee, Banchory, Stonehaven, Fraserburgh, Inverurie, Alford, and the surrounding areas.
A settlement agreement is a legally binding contract that allows employers and employees to resolve disputes and end employment on agreed terms. These agreements are particularly useful in redundancy situations, helping to streamline the process and achieve a fair resolution without unnecessary delays.
Whether you’re an employee seeking guidance on your rights or an employer looking for a legally sound agreement, our experienced team is here to help.
What is a Settlement Agreement?
A settlement agreement – formerly known as a compromise agreement – is a legally binding contract between an employer and an employee. It typically involves the employee agreeing not to pursue any legal claims against the employer in exchange for a financial settlement and mutually agreed terms.
Please note that we do not offer Legal Aid funded services.
The Process of Settlement Agreements in Scottish Law
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Initial Negotiation: The process begins with negotiations between the employer and the employee. During this phase, terms such as the settlement amount, confidentiality clauses, and references are discussed. It is crucial that both parties aim for a fair and mutually acceptable agreement.
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Drafting the Agreement: Once the terms are agreed upon, the employer usually drafts the settlement agreement. This document will outline the terms of the settlement, including the financial compensation, any additional benefits, and the specific claims being waived by the employee.
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Independent Legal Advice: For a settlement agreement to be legally binding under Scottish law, the employee must seek independent legal advice. This ensures that the employee fully understands the terms and implications of the agreement. At DJP Solicitors, we provide comprehensive legal advice to help you make informed decisions.
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Legal Fees: Usually the employer will make a contribution to the employee’s legal costs. We normally charge a restricted fee matching the contribution so that the employee pays nothing.
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Review and Amendments: After receiving legal advice, the employee can request amendments to the agreement if necessary. This step ensures that all terms are clear, fair, and reflect the interests of both parties.
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Signing the Agreement: Once both parties are satisfied with the terms, the agreement is signed. The employee’s legal advisor will also provide a certificate confirming that independent legal advice has been given.
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Settlement Payment: After the agreement is signed, the employer is obligated to make the agreed-upon payment within the timeframe specified in the document.
Why choose DJP Solicitors?
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Our experienced employment law solicitor has in-depth expertise in settlement agreements across Scotland. We provide clear, practical advice tailored to your individual circumstances, ensuring you fully understand your rights and options.
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At DJP Solicitors, we prioritise your needs, working diligently to secure a fair and satisfactory settlement. Our goal is to help you achieve the best possible outcome while minimising stress and disruption.
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Based in Aberdeen, we support clients across the North East of Scotland, including Aberdeenshire, Elgin, Montrose, Peterhead, Forfar, Dundee, Banchory, Stonehaven, Fraserburgh, Inverurie, Alford, and surrounding areas.
Please note We do not provide legal aid services.
Went in for to get answers for employment queries. Very straight forward answers and advices! Good service would definitely come back if needed!
Highly recommend DJP Solicitors as family lawyers. They are very efficient, responsive and made the process as easy as possible during a difficult time.
Probably the best Law Agency in town. Thank you for help!
FOR MORE INFORMATION ABOUT SETTLEMENT AGREEMENTS, CALL 01224 590053 OR E-MAIL INFO@DJPSOLICITORS.COM, LEAVING BRIEF DETAILS AND YOUR PHONE NUMBER.
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