Settlement Agreement Solicitors in Aberdeen
At DJP Solicitors, we specialise in providing expert legal advice and services for settlement agreements across Aberdeen and the North East of Scotland, including Aberdeenshire, Elgin, Montrose, Peterhead, Forfar, Dundee, Banchory, Stonehaven, Fraserburgh, Inverurie, Alford and all surrounding areas.
Settlement agreements are a crucial aspect of employment law, offering a mutually beneficial way for employers and employees to resolve disputes and part ways amicably. Settlement agreements can also be used in a redundancy situation in order to avoid unnecessary process and bring matters to a more efficient conclusion.
What is a Settlement Agreement?
A settlement agreement, previously known as a compromise agreement, is a legally binding contract between an employer and an employee. This agreement typically involves the employee agreeing to waive their rights to bring any claims against the employer in exchange for a financial settlement and other terms agreed upon by both parties.
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 extensive knowledge of settlement agreements in Scotland. We are committed to providing clear, practical advice tailored to your specific situation.
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We prioritise your needs and work diligently to ensure that you receive a fair and satisfactory settlement. Our goal is to help you achieve a positive outcome while minimising stress and disruption.
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Based in Aberdeen, we serve the entire North East of Scotland. Whether you are in Aberdeenshire, Elgin, Montrose, Peterhead, Forfar, Dundee, Banchory, Stonehaven, Fraserburgh, Inverurie, Alford, or any area in between, we are here to support you.
Please note that we do not offer Legal Aid funded 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!
