Richmond Severance Agreement Lawyer
A severance agreement is a contract between an employer and their employee which details the terms of the latter’s termination. Severance agreements typically specify what benefits a worker will receive after they leave a company, such as salary, medical coverage, or a lump sum payment.
Accepting an agreement from your boss would forfeit your right to file a claim against them. Severance agreements also typically prevent you from targeting your former employer’s clients or competing against them for a period of time.
You may need the help of an experienced employment attorney when negotiating the terms of your severance agreement. Consider retaining a knowledgeable Richmond severance agreement lawyer who can help you draft a legally binding contract that does not diminish your employment rights.
Negotiating a Severance Contract
An employee who accepts the terms of their severance agreement effectively waives their right to pursue their boss in court for wrongful termination even if they were terminated on the basis of age, sex, disability, race, or ethnicity. A severance package may also prohibit you from talking about your job or the circumstances of your termination as well as from taking certain jobs or working for competing companies.
As with any contract, employees have the right to negotiate the terms of a severance agreement before signing. These agreements commonly fail to meet workers’ needs, especially in terms of income. Negotiating terms with a company can be remarkably difficult without guidance from a skilled Richmond severance contract attorney at the Spiggle Law Firm. Legal counsel could help you negotiate the terms of an agreement and advocate for your needs in its terms.
Suing an Employer Versus Signing an Agreement
Discrimination is prohibited by state and federal laws, but a worker who signs a severance agreement cannot sue their employer for discrimination which took place during their employment. Business owners may craft an agreement and pressure an employee to sign in order to avoid liability after subjecting them to workplace discrimination. Even if the terms are favorable, it may be more beneficial to sue the employer for discriminatory practices, especially if they failed to properly investigate a discrimination claim.
Overly Broad Contracts
The courts have historically ruled against overly broad severance agreements that are more restrictive than necessary and effectively hinder an employee from continuing their career. For example, the following clauses may be rejected in a court of law:
- Covenant not to sue
- General release
Most of these clauses can be included as long as they are not broad or overly restrictive. If your contract restricts your rights, you should consult a dedicated severance agreement lawyer in Richmond who can help you bring a claim to have it voided.
Learn More from a Richmond Severance Agreement Attorney Today
If your severance agreement is illegal or too broad, or you need help negotiating its terms, it may be wise to hire an attorney. Severance agreements can be complex and difficult to understand, so get in touch with a qualified Richmond severance agreement lawyer before signing. Call our team today to discuss the details of your case with a professional legal representative.