If so, you need independent legal advice on the terms and effects of the agreement. Do you want to terminate the job with a transaction contract? Even if you have in principle accepted the terms of your agreement, you need legal advice to ensure that you fully understand the terms of the agreement, particularly the impact this may have on your ability to take legal action against your employer. “Our client was satisfied with the billing conditions offered when he contacted us and initially thought we only had to `disconnect`. However, we were able to quickly find, as the document stands, that the company had neglected other claims, although compensation appeared appropriate. Payment for unused vacations had been omitted and payment of termination was underestimated: our client`s contract had been indicated for one month, but because of her ten years of service, she was entitled to 10 weeks` notice. We were also able to add a complete and positive reference, designed by our client, in the agreement, which means that our client could count on the provision of any potential employer. Transaction agreements were previously referred to as “compromise agreements.” At Meade King, we know how important it is for you to be aware of the amount you have to pay in legal fees, so we offer a fixed fee for all billing work. All of our lawyers practice only labour law. We advise clients on contentious matters before the Labour Court and the High/County Court. Communications relating to a transaction contract should always be considered “unprejudiced” and “contract-compliant.” This will ensure that both sides will be able to express themselves freely in these negotiations without worrying about the fact that something said is being used against them and that neither party is legally bound by an agreement until a final written agreement has been signed. An employer can address a worker through a transaction contract and negotiate under Section 111A of the Employment Rights Act 1996. This will protect the parties from the end of the negotiations.
The implementation of a transaction contract can give them and your employer the certainty that your employment will end without you having to go to an employment tribunal. If you want more informed advice on your working relationships and the fairness of the proposed agreement, you can be confident that our advice will be supported by expertise and years of experience in the board of employers and employees in transaction agreements. In addition to advice on proposed payments, we will also check whether you are properly protected by a strong and fair agreement, and we will highlight any concerns and, if necessary, propose amendments.