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Settlement agreement guides

Plain-English answers to the questions almost everyone asks when they're first handed a settlement agreement. From the basics through to the fine print.

What is a settlement agreement?

The basics: what it is, why it exists, and what makes it legally binding.

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Facing redundancy? What happens first

Consultation, selection criteria, and what to do before any settlement is offered.

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How much compensation should I get?

What genuinely moves your figure up or down, and how to sense-check an offer.

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How long do I have to decide?

What ACAS recommends, and what to do if you're being rushed.

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Can I refuse to sign?

What actually happens if you say no. And when that makes sense.

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Talking to your employer

What to say, what to avoid, and how to protect your position in writing.

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Choosing a solicitor & getting paid

Why the choice of solicitor is yours, and when your settlement is actually paid.

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Who pays the solicitor fee?

Why your employer almost always covers your legal advice.

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Tax on settlement payments

What's tax-free, what isn't, and where people get caught out.

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Can I claim benefits afterwards?

How your payment can affect Universal Credit and other benefits.

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Restrictive covenants explained

Non-compete and non-solicit clauses. And whether they'd actually hold up.

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NDA clauses explained

What a confidentiality clause can and can't stop you doing.

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Without prejudice & protected conversations

What these terms mean, and the important exceptions.

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Redundancy vs settlement agreement

How they differ, and how they usually combine.

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ACAS COT3 vs settlement agreement

Two routes to the same kind of outcome. Reached very differently.

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Official sources

We're not a law firm, and we always encourage checking anything important against the official source. Here's where the government and independent bodies publish their own guidance:

Have a question not covered here? Ask us directly. Or send us your agreement for a review specific to your situation. Or head back to SettlementAgreementGuide.co.uk.

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