Settlement agreement

If you’re negotiating a settlement agreement with your employer, you will need to consult a legal specialist. Tees can help you get the best deal.

Specialist settlement agreement solicitors: Expert legal advice

Settlement agreements (which used to be known as compromise agreements) are legally binding agreements between employers and employees. They’re often used in redundancy situations to offer enhanced payments to employees. They can be used when the parties want to part company for other reasons. Usually your employer agrees to pay you an amount of money in return for you agreeing not to take them to an employment tribunal or other civil court in the future.

Our settlement agreement services

advise you on your legal rights so you get fair deal
negotiate with your employer on your behalf, so you get the best possible result
explain the additional benefits you could secure e.g. a good reference for a future employer, agreement on the wording of how your departure is explained to colleagues, clients, suppliers etc.
advise you if we think your employer is treating you unfairly, as to what legal action you could take if you choose
draft the settlement agreement legal contract

The team is always keen to assist, providing articulate and accessible legal advice.

Legal 500 UK, 2025

Whose interests are being protected in a settlement agreement?

For you as the employee, you’ll have certainty about the terms of your exit. For your employer, they’ll have the knowledge that you won’t take them to a tribunal or to court over your redundancy or termination of employment. So there are advantages for both sides. Your employer will tell you to take independent legal advice from a solicitor before you sign the agreement (this is a requirement) and they may make a contribution towards the costs of doing so.

Getting you the best settlement agreement possible

When you come to us for legal advice about a proposed settlement agreement, we’ll concentrate on getting what’s best for you. We know that it can be a stressful time, so we’ll try to make it as easy as possible by explaining everything in plain English and answering any questions that you have. We’re always happy to see you in person, but we’ll keep in touch by phone, email and letter – whatever works for you, so you only need to come to our office if you want to.

Key people

Jane Doe

Partner

Jane Doe

Partner

Jane Doe

Partner

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Frequently asked questions

The answers to many of your questions can be found here, please get in touch for further information.

I have been told my property has development potential. What do I do?

If you’ve been contacted by a developer or a land promoter regarding a potential development to your property, you may wish to consider granting an option agreement or a promotion agreement. An option agreement is made between the landowner and the developer, where it is intended that the developer will apply for planning permission and requires an option to buy the property. A land promotion agreement is used where a developer agrees to apply for planning permission and will market the property for sale on the open market once planning permission has been obtained. This is usually in return for a proportion of the net sale proceeds. The law on this is very complex and you will need specialist advice.

Contact us today

If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.

Telephone

0800 013 1165

Office locations
Bishop’s Stortford
Brentwood
Cambridge
Chelmsford
North Herts
Saffron Walden

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All legal services provided by Tees are regulated by the Solicitors Regulation Authority. Tees is a trading name of Stanley Tee LLP is authorised and regulated by the Solicitors Regulation Authority (SRA Number 464615) and is registered in England and Wales number OC327874.

All financial services provided by Tees are regulated by the Financial Conduct Authority. Tees and Tees Wealth are trading names of Tees Financial Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales number 4342506. Registered office address Tees House, 95 London Road, Bishop’s Stortford CM23 3GW.

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