Settlement Agreements: The benefits of panel lawyers

As a law firm on an employer’s panel of recommended solicitors, we provide independent legal advice to employees for their settlement agreements. This offers significant advantages for both the employer and the employee, fostering trust, reducing risk, and ensuring smooth exits from the company.

Below, we set out how a panel relationship can benefit both parties:

Ensuring compliance and validity of settlement agreements

For settlement agreements to be legally binding, employees must receive independent legal advice from a qualified solicitor. By using a panel firm, employers can ensure that their settlement agreements are properly executed, without unnecessary delays.

For Employers: by using solicitors who are familiar with the company’s standard settlement agreement, employers can ensure that the agreements are processed smoothly and without errors. This minimises the risk of unnecessarily contentious negotiation and ensures that the agreements comply with statutory requirements.

For Employees: employees also benefit from reliable, conflict free and unbiased advice, from solicitors who understand the company's standard settlement agreements. They are not forced to pay a solicitor to become familiar with a document they have not seen before.

Streamlined process with quality expert advice

One of the key advantages of a panel relationship is the streamlining of the settlement agreement process. Employees benefit from solicitors who already understand the company’s settlement agreement templates, enabling faster and more efficient reviews, whilst being able to address any employee queries through experience in dealing with common issues, all while maintaining their independence. Employers benefit from a reduced burden on their HR departments, as the lawyers field questions which would otherwise be addressed to them.

A win-win solution

By establishing a panel relationship with Gannons, employers can streamline the process of offering settlement agreements to staff, ensuring that a smooth and fair exit process is provided to employees. At the same time, employees benefit from quick independent legal advice that ensures their rights are protected and agreements are understood.

As a trusted partner on several employer panels, we have a proven track record of providing independent legal advice (you can read many reviews on trustpilot), that benefits both employers and employees. Partner with Gannons to ensure your settlement agreements are handled with professionalism and care.