If you’ve been offered redundancy or asked to sign a Settlement Agreement by your employer, we can help.

You’re legally required to take independent legal advice on the terms and effects of the Settlement Agreement before signing. Our experienced solicitors can talk you through the process in easy-to-understand terms.

What is a Settlement Agreement?

A Settlement Agreement (formerly a Compromise Agreement) is often known as a ‘redundancy agreement’. 

If you’re faced with redundancy (voluntary or not), your employer will usually want you to sign up to a proposed Settlement Agreement. This agreement will set out the full terms of a settlement between you and them.

Properly drafted Settlement Agreements are legally binding, which is why the law says they are only valid if you have taken independent legal advice on the terms and effects of the settlement agreement before signing.

It’s important to get legal advice on a Settlement Agreement, as they prevent the employee from bringing certain legal claims against the employer. We can help ensure you fully understand the agreement.

Related Settlement Agreements Services 

What to Expect From Our Settlement Agreements Solicitors

  • We will talk you through what the Settlement Agreement says in easy-to-understand terms and explain the consequences of signing the agreement.
  • You don’t even need to pay for our Settlement Agreement services, as your employer should cover the cost of the meeting and advice. 
  • Same day appointments are often available, but we will be able to see you within seven days from the date you contact us.
  • We specialise in quick turnarounds in providing the signed agreement to your employer.

Why Choose TV Edwards?

  • Highly ranked in legal directories – Recognised by Legal 500 and Chambers UK
  • Cost-effective solutions – Always transparent about costs and funding arrangements
  • Experienced and supportive – London team with experience in settlement agreements

Client Testimonials 

Settlement Agreements Frequently Asked Questions 

How much does a solicitor charge for a settlement agreement?

In most cases, you won’t need to pay anything for a settlement agreement, and your employer will cover the cost. Solicitors typically charge between £350-£500 plus VAT for a basic agreement, but this can rise if the agreement is complex or negotiation is needed. Our lawyers are transparent about costs at every stage of the process.

Do I need a solicitor for a settlement agreement?

Yes. You are legally required to take independent legal advice before signing a Settlement Agreement. This ensures you understand your rights, what claims you’re giving up by signing the agreement, and the financial terms involved. Without a solicitor’s advice, the Settlement Agreement won’t be legally binding.

What is a reasonable settlement agreement in the UK?

A Settlement Agreement will depend on your circumstances, including your salary, length of service, and reason for redundancy. You should expect information about your notice pay and any outstanding holiday. Some agreements may include restrictive covenants (we can help you decide whether the offer is fair).

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