A Settlement Agreement is for those looking to bring a dispute to an end on binding, agreed terms. There are a range of situations in which Settlement Agreements are used, often it is where parties do not want to follow what could be a long, drawn out process, or to avoid certain processes or possible claims.
An agreement to waive legal rights can only be binding if properly implemented. Complex issues will arise, such as staying litigation, costs, payment terms etc. We have an experienced disputes team who are specialists in litigation issues.
The advice we give will include consideration of all losses. The full contractual and relational scenario will need to be professionally considered. Confidentially is also usually important. There may also be clauses included preventing derogatory comments.
How long will it take?
It usually only takes a few days to finalise a Settlement Agreement. If necessary, one can be prepared in a few hours at extra charge.
We will advise you fully on all the implications of a Settlement Agreement, including drafting and Court filing, as necessary.
We make our extensive experience available for an economical fixed price of £270 inc VAT.
Our fee applies regardless of how much work we actually do. In some cases this may mean we’ll get relatively better paid for doing less work than in other cases, in which the fixed fee will barely cover our costs. This is simply the nature of the mutual gamble between a solicitor and their client when they fix a fee.
More detail of all these matters will be outlined in our retainer letter which you will be able to review before you engage us, after pressing the “Buy” button on the website.
If you have any questions or require any further information, please don’t hesitate to Contact Us.