The initial agreement signed should be held by one party and the other party must receive a full copy of the agreement, including copies of the two lawyer`s certificates. Keep your agreement in a safe place. You are not required to file a copy with the Court of Justice or any other organization. There is no particular format that must be followed by a contract. In general, it will contain certain concepts, either explicit or implicit, that will form the basis of the agreement. These conditions may include contractual clauses or contractual guarantees. After receiving your advice, your lawyer will send you an email confirming your legal advice that will require your confirmation before the lawyer sends the last supporting documents. Contractual guarantees are less important conditions and are not fundamental to the agreement. They cannot terminate a contract if the guarantees are not fulfilled, but they can claim damages for the losses incurred. When you receive your documents, attach the lawyer certificates signed by both parties to a copy of the final agreement. You should both have your lawyer`s certificates at the beginning and sign your financial agreement in the presence of a witness. You will receive more detailed instructions on signing your contract in your kit and by your lawyers.
Send us your draft contract and we will check its suitability for the legal examination service for the fixed price. Once In most cases, your employer pays for all of our consulting costs as part of a transaction contract. That means you`re not paying us anything. However, your employer`s contribution is sometimes insufficient and, as the first point of contact, we ask your employer to increase it. Without your prior approval, there will be no additional fees. Transaction agreements are generally granted to workers when the employer wishes to avoid the publicity and cost of disputes related to the termination of an individual`s employment. If your employer has provided you with a transaction contract (formerly known as a compromise agreement), you need independent legal advice. Our labour law specialists have extensive experience in confidential independent legal advice to employees, whether you are a manager in a small business, an urban worker or an executive of a FTSE 100 company. Clients are often interested in reaching an agreement with their employer as soon as possible on the terms of a transaction. To help you plan, we have defined below a list of the first administrative steps that all lawyers must take: If there is a dispute over the contract, it is important that both parties communicate clearly to try to resolve the issue. You can call on our economic dispute resolution service or seek the assistance of a lawyer to help resolve your dispute. It is increasingly common for employers to want all workers, regardless of seniority, to enter into a transaction agreement.
Your employer will offer you a financial amount in return for an effective removal of all claims (which are often listed in a separate schedule) against your employer of your employment and dismissal. In principle, they have two options for obtaining legal advice. You can:- As an independent legal advisor, we advise you on the terms and effects of the transaction contract and, in particular, on its impact on your ability to bring an action before the labour court in accordance with applicable legislation. TIP: Contracts can be complex. It is important that you fully understand the terms of the contract before signing something.