Severance Agreements
Dolley Law, LLC provides experienced legal in connection with the drafting, negotiating, reviewing, and revising of severance agreements across many different industries. Severance agreements are legally binding contracts between an employer and an employee regarding the rights and obligations of the parties upon the termination of an employee’s employment. Employers often propose these agreements to employees in a variety of circumstances, such as where an employee has an employment contract for specified term but is leaving before the end of the term, where an employer and employee have a dispute, or where the parties simply wish to have an amicable end to employment and avoid any disputes. No matter the situation, the attorneys at our Firm know what rights and obligations are at stake, what potential leverage may exist, and what types of severance agreements or terms are standard or reasonable across many different industries.
While severance agreements are not always precipitated by a dispute or issue related to the employment relationship, oftentimes they are. Common disputes leading to severance agreements include complaints or concerns about wrongful termination, compensation, benefits, disciplinary incidents or allegations, or other actual or threatened breaches of an employment agreement. In connection with these disputes, employers often seek general or comprehensive releases or waivers of claims in order to avoid costly litigation or business disruptions. In exchange, employees often request additional compensation and flexibility in post-employment opportunities to facilitate a smooth transition into new employment. In the event of a dispute, we use our extensive employment law experience and knowledge to put our clients in the best position available to negotiate the most favorable severance agreement practicable and fair to the parties under the given circumstances.
Contact Us
Please feel free to contact attorney Kevin J. Dolley directly at 314.645.4100 or by email at Kevin@dolleylaw.com