Settlement agreements (formerly called compromise agreements) are legally binding agreements that set out the full terms of an agreement between an employer and an employee, with a worker agreeing to sign his or her rights to assert a claim against his or her employer for a cash amount. It is necessary to understand the details before defining a fee structure, because court cases are so different, but they tend to be expensive, and we tend not to do them on profit and fee fees. This is because they are often very long and uncertain. After reviewing and signing the transaction agreement for you, we charge the employer the signing fee directly. You are not involved in this billing process. We will tell you how much our fees will be so that you are clear from the beginning. It is therefore important that, as an employer, you consider as much of what is a fair and “realistic” contribution to a worker`s legal fees as the amount of compensation offered. This is especially important if you want to be able to rely on the settlement agreement to support a claim for costs if the case ends in a lawsuit. Lodders` competent employment law team can provide you with the technical advice you need for transaction agreements. At Simpson Millar, we have different hourly rates depending on the level of experience of each lawyer or lawyer. If you have a transaction offer on the table, you may want to get an initial consultation from one of our labor lawyers. It is sufficient to provide advice on the terms and effects of a proposed transaction agreement.

There is no need to know if the offer is good or if the employee should accept it or not…