Paying for compromise agreements

Normally you, as the employee, don’t have to pay anything to get a compromise agreement itself. This means that once your employer and you agree on a settlement figure, the employer will pay a solicitor to draft the compromise agreement document itself. The employer will also pay for a solicitor to go through the agreement with you and sign it off. Typically that fee is something like £350 + VAT.

However it only covers the solicitor explaining the compromise agreement document to you in plain English and signing it off. It doesn’t cover advising you as to whether you have a good deal or not. And it definitely doesn’t cover the solicitor negotiating with your employer on your behalf for a higher ex gratia (tax free) settlement. If you want to get an idea of how much your compromise agreement deal should be worth, try our Compromise Calculator.

Clearly it is not in your employer’s best interests to pay for a solicitor to represent you in ‘without prejudice’ negotiations or in an employment tribunal with the aim of winning you more money. It is best for them to just pay for it to be signed off as quickly as possible.

Here at Compromise Agreements Ltd we always advise our clients whether or not they have a good deal, as part of the signing free. So we don’t charge you a penny for this service. We will also look at whether or not you should go for a higher amount. In the very best cases we will offer to represent you in without prejudice negotiations or employment tribunals. To see how we helped others in your situation, have a look at the Testimonials .

Because we specialise in only charging a percentage of any increase, we’ll tell you right at the start whether your case legally is strong enough. If you’re interested in finding out more, have a look at our Representation page  for more details or get in touch