If you have been made redundant or you are in the process of losing your job it is likely that your employer will ask you to sign a Compromise Agreement.

At Pearce West Employment Solicitors  Jonathan West  has acted over the last few years for hundreds of employees in Reading, Oxford and over the Thames Valley in this position and is extremely experienced in advising and negotiating for you on the terms on the compromise agreement, including often negotiating with your employer for a higher payment than was originally proposed.

 What is a Compromise Agreement?

Compromise agreements set out the terms that have been agreed between you and your employer on termination of your contract of employment. The idea is that the compromise agreement will be a final settlement of all claims in connection with the termination of your employment; or in other words a "clean break".

 What is in a Compromise Agreement?

Certain clauses must be contained in a compromise agreement. Typical clauses can include:

- Payment. This clause will state how much you will receive on termination of your employment.The money may include compensation for loss of employment, unpaid holiday,bonuses etc.

- Full and final settlement. This is the "clean break" part and means that once your employer has paid the amount under the compromise agreement you cannot bring a claim against your employer except for loss of accrued pension entitlements and personal injury.

- Independent legal advice. The compromise agreement will state that you have received advice from an independent advisor who holds an insurance policy.

Do I need Independent Advice?

You must receive independent legal advice from a qualified solicitor. Jonathan West is a properly qualified lawyer to be the Independent Solicitor for Compromise Agreements, and from our offices in Oxford and Reading handles these negotiations for clients across the Thames Valley and Southern England.

How much will it cost me?

Under the agreement your employer should  usually pay all, or the vast majority, of your legal fees to us in addition to the compensation they pay to you.

In need of further advice?

If you would like to contact us for advice on a Compromise Agreement please telephone :

Jonathan West on (01865) 812020  or (01189) 497018