Settlement Agreements & Redundancies

Settlement Agreements & Redundancies

The cost of living crisis sweeping in increasing interest rates and the prospect of recession is contributing to an unprecedented rise in redundancies compared to this time last year. Solicitors are therefore reporting a demand in their services for the scrutiny of settlement agreements. It should be remembered that settlement agreements can only relate to the specific issue being settled. A settlement agreement cannot be used to settle all or any matters in a generic sense.

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