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Summary

How Chris Hadrill, a specialist employment solicitor, represented a client in settlement agreement negotiations and secured the client an increase of almost £10,00 in respect of their ex-gratia (tax-free) amount when he was told that he was going to be made redundant. Chris also helped the client to secure other amendments to their settlement agreement.

Situation

Clive (not his real name) worked for an international manufacturing company in an executive position. After a number of years working for his employer he was approached by the Head of HR for the group companies and told that he was going to be made redundant as part of a cost-cutting exercise. He was offered a settlement agreement. Clive was unhappy about this situation and sought legal advice.

Clive instructed Redmans to negotiate his settlement agreement for him and Chris Hadrill, the partner in the employment department at Redmans, advised Clive on his settlement agreement. Clive wanted, in particular, to secure an increase to the ex-gratia sum he was being offered (which could be tax-free up to £30,000) and increase the contribution to his legal fees that his employer was willing to pay.

What we did

Chris discussed Clive’s concerns about the redundancy process with him, as well as the requirements he had with regards to the settlement agreement terms. Chris advised Clive on the settlement agreement and the redundancy process, and discussed the requirements that Clive had for the amendment of the settlement agreement. Chris then negotiated directly with Clive’s employer to secure the amendments that Clive wanted.

Chris negotiated a higher value of settlement agreement (an increase of approx. £10,000 to the ex-gratia value (tax-free up to £30,000) that had initially been proposed) for Clive. Chris also managed to negotiate an increase to the legal fee contribution (to cover off Clive’s fees for the agreement), as well as securing a number of other amendments that Clive wanted.

The result

After a short period of negotiation, as detailed above, Clive’s employer agreed to increase the value of the tax-free ex-gratia sum of the settlement agreement by almost £10,000, to pay Clive out in respect of his payment in lieu of notice and holiday pay, and increase the legal cost coverage so that Clive didn’t have to pay anything out of his own pocket for the advice. It was also agreed that the terms of the agreement – and the reason for Clive leaving his position as an executive with his employer – would be covered by a mutual confidentiality clause, that both parties would agree to not say derogatory things about the other after the agreement was completed, and that Chris would receive an agreed written reference from the business in the future.

Chris Hadrill, the specialist employment solicitor who dealt with Melania’s case, commented on the case: “Redmans are specialists at helping executives to negotiate their severance packages – we deal with the full range of issues relating to executive settlement agreements, including settlement agreements, share options, restricted share units, and other forms of equity. We were delighted to help the client in this matter and look forward to helping other clients in the future.”

Please note that all of the names used for clients and third parties in this article and other articles are anonymised (unless expressly stated otherwise) to protect client confidentiality

About

Redmans Employment Team deal with employment matters for both employers and employees, including drafting employment contracts and policies, advising employers and employees on compromise agreements, handling day-to-day HR issues, advising on restructures, and handling Employment Tribunal cases for both employers and employees Call 020 3397 3603 to speak to one of the members of our employment team or email us on enquiries@redmans.co.uk. Redmans have offices in Richmond, Chiswick, Hammersmith, Fulham, Kingston, Wimbledon, Ealing, Kings Cross and Marylebone (meetings strictly by appointment only).

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Testimonials

4.70 Average

73 Reviews

Richard v

Excellent Service

Posted 6 days ago

Anonymous

Very happy from service received. Highly recommend

Posted 6 days ago

Colin W

Very professional and thorough. Sachs who dealt with the bulk of my case was excellent Thank you. .

Posted 6 days ago

Anonymous

I was generally impressed with the fast turn around, efficiency, responsiveness, and consideration of circumstances. I needed a couple of areas of advice quickly and with Redmans help was able to get to a conclusion quickly and with minimum stress. They were friendly and professional throughout - I'd use them again.

Posted 1 week ago

Anonymous

The guidance and assistance I recently received when using Redman's was fantastic. Caroline & Chris were both very informative and understanding walking me through each step. Thank you.

Posted 1 month ago

Nicola W

Fantastic service, very quick and efficient. Thank you

Posted 1 month ago

Anonymous

Excellent professional service.

Posted 1 month ago

Anonymous

As with All solicitors advice without consequence but understood and communicated my legal position

Posted 1 month ago

Anonymous

Prompt, professional and excellent service.

Posted 1 month ago

Dominic C

Excellent service, prompt and helpful

Posted 1 month ago

Anonymous

I found Redman’s to be very efficient and got me the best deal available in the short time scale that was available.

Posted 1 month ago

Victor L

Very professional. Provided excellent advice on my Settlement agreement.

Posted 1 month ago

Anonymous

Professional from start to finish.

Posted 1 month ago

Oliver W

Excellent service provided by Redmans, will certainly consider using again.

Posted 1 month ago

Melanie H

Very professional and extremely personable service. Thank you very much.

Posted 2 months ago

Anonymous

I found Chris to be very approachable and easy to speak with about complex matters. He took action quickly and his updates to me, as his client, were prompt. I would recommend Chris and the team at Redmans without hesitation.

Posted 2 months ago

Anonymous

Good advice

Posted 2 months ago

Anonymous

Overall happy with the service provided by Chris and Rana.

Posted 2 months ago

Anonymous

Chris and Rana provide a great service, very informed, diligent and care about your result, would recommend Redmans

Posted 2 months ago

David W

A speedy efficient friendly service, I would definitely recommend Redmans Solicitors for processing Settlement Agreements.

Posted 2 months ago

Anonymous

Both Rana and Chris were fantastic. From the first phone call I was confident my matter was in good hands. I was not disappointed. I would highly recommend Redmans. Thank you again for all of your support and advice.

Posted 2 months ago