Legal Settlement Agreement

We provide a legal settlement agreement (formerly known as a Compromise Agreement) that can be easily customized according to your needs! Settlements in general are a good idea, considering that they provide a much-needed clean break between staff and their employer, and to avoid to spend months in court , paying expensive legal expenses or incurring hefty legal fees. When you draft such a legally binding agreement between both parties, it usually comes down to a severance payment by the employer in return for not pursuing any legal procedures and claims.

Acceptance of a settlement usually takes place when the parties agree on how to resolve the dispute when both parties are in complete agreement over the final result. They put the agreement in writing, and both parties sign it. Then, the settlement agreement has the same effect as though the jury decided the case with that outcome.