Settlement agreement

A quick and easy way to create a solicitor drafted and legally binding Settlement agreement

About this service

If an employer and employee are in dispute then they may formally settle that dispute by entering into a legally binding contract called a settlement agreement (previously known as a compromise agreement). A settlement agreement can be used to settle any disputes which would otherwise have to be settled by the employment tribunal or court. A settlement agreement will usually provide an employee with compensation. In return, the employee will agree not to pursue any legal claim that he or she may have against the employer (as well as agreeing to any further conditions that the employer may impose). This document is suitable for use in the UK only.

This product is suitable for use in: England & Wales

  • Law Firm Review

  • What you get for £194.99 See how this compares
  • Want to to try the service out? Take a look
  • Buy now
    • 1 Your document reviewed by our team of legal professionals within 3 working days
    • 2 Access to our team for advice over the phone
    • 3 Helpful explanations and guidance throughout
    • 4 Customer services advisors on hand to answer any service queries
    • 5 Secure online document storage, tracking and print facility
Prefer to call us for advice or prepare a document by phone? 0800 612 3556
Business law plan

This document is available as part of our Business law plan

Useful information

When should a settlement agreement be considered?

A 'Settlement agreement' (formerly known as a 'Compromise agreement') can be used to settle a dispute between an employer and employee and to terminate an employment contract.

What are the procedures for disciplining employees?

There are a number of steps required for the compliant disciplining of employees, which all employers should adhere to if they are to avoid potentially expensive lawsuits.

How does Employment Law affect my business?

Employment law is designed to protect the rights of the employee and covers almost all aspects of the employer/employee relationship.

This service takes about 30 minutes

You can try the service out beforehand, and can save your progress at any time and come back to the document later.

We're here to help

Your document will be reviewed by our legal experts, and you can call us at any time

About us

How MyLawyer works

  1. 1 Fill in an questionnaire online Answer the straightforward questions at your convenience
  2. 2 Submit to a team of legal professionals Our team will advise you and approve your document
  3. 3 Print and sign your document Once approved, simply print and sign your document

See how we helped Michael

"Fantastic! The legal document I used was so comprehensive and easy to complete. It is very reassuring to know my business now has this level of protection"

Michael S, London

Copyright © 2018 Epoq Group Ltd. All trademarks acknowledged, all rights reserved

This website is operated by Epoq Legal Ltd, company number 3707955, whose registered office is at 2 Imperial Place, Maxwell Road, Borehamwood, Hertfordshire, WD6 1JN. Epoq Legal Ltd will be authorised and regulated by the Solicitors Regulation Authority from 15 January 2019 (SRA number 645296).