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Compromise agreements replaced by Settlement agreements

From 29th July 2013, Compromise agreements have been replaced by Settlement agreements. However, this is essentially a change in name only and Settlement agreements will remain a legally binding agreement between an employer and an employee that, once signed, will bring an end to the Contract of Employment and prevent an employee from making a complaint to an Employment Tribunal.

For more information on Settlement agreements, please click here.

Alternatively, if you wish to instruct us to draft a Settlement agreement or provide advice to an employee regarding a Settlement agreement, please contact Mark Bestley, Lee Stone or Nicola Parker.

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