How Much Does Legal Advice on a Settlement Agreement Cost?

16/12/2024
2 min read

How Much Does Legal Advice on a Settlement Agreement Cost?

Understanding the cost of legal advice for your settlement agreement is essential. At Parachute Law, we pride ourselves on transparency, offering free initial consultations and fixed fees for comprehensive advice. Our goal is to ensure you are fully informed every step of the way.

Free Initial Consultation: Your First Step to Clarity

If you have received a settlement agreement, seeking expert legal advice is crucial. At Parachute Law, we provide a free 30-minute initial consultation to help you:

  • Discuss your circumstances and next steps.
  • Evaluate the fairness of your settlement offer.
  • Ensure compliance with the ACAS Code of Practice on Settlement Agreements.
  • Understand how our experienced solicitors can protect your rights.

This no-obligation conversation gives you a clear understanding of your position and how we can assist, all at no cost to you.

Fixed Fee for Comprehensive Settlement Agreement Advice: £500 + VAT

For a standard fixed fee of £500 (+ VAT), our service includes:

  • A thorough review of the terms and implications of your settlement agreement.
  • Expert analysis of the fairness of the offer and its negotiation potential.
  • Guidance on tax considerations to help you maximise your settlement.

Employer Contributions Often Cover Legal Fees

Most settlement agreements include a clause requiring your employer to contribute to your legal fees. This typically covers our fixed fee, meaning our advice could cost you nothing out of pocket. If the employer’s contribution is insufficient, we can assist in negotiating an increase to cover any shortfall.

Tailored Negotiation Strategies for the Best Outcome

We tailor our approach to suit your unique circumstances, ensuring you achieve the best possible result:

  • Direct Negotiations: With our behind-the-scenes support, you can handle discussions yourself while maintaining a positive relationship with your employer, without incurring additional fees.
  • Solicitor-Led Negotiations: For complex cases, our solicitors can take the lead. Any additional costs will be discussed transparently upfront.

Our expertise extends beyond financial terms. We can help secure favourable references, amend non-compete clauses, or adjust termination dates. For these additional services, our competitive hourly rate is £300 (+ VAT).

Get Expert Advice Now

Why Choose Parachute Law?

At Parachute Law, our solicitors are specialists in employment law with years of experience advising clients on settlement agreements. We are committed to delivering personalised, high-quality service to clients across the UK.

Ready to Take the Next Step?

Don’t navigate your settlement agreement alone. Contact Parachute Law today for a free consultation and discover how our expert legal advice can protect your rights. With the potential for no out-of-pocket expenses and our commitment to achieving the best outcome for you, securing your interests has never been easier.

Contact Us for a Free Consultation

If you’ve received a settlement agreement, seek legal advice today. Parachute Law advises clients across the UK.

  • Call us now from a landline: 0207 183 4547

Alternatively, complete the form below, and we’ll get in touch promptly

Contact Us

It is important to get independent legal advice from a settlement agreement solicitor before accepting an offer. Often, your employer will cover the costs. Get in contact with us and see how we can help.

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