Whatever the reason may be for parting ways, when an employment relationship comes to an end it can be a time-consuming process and disruptive to the business. Sometimes a mutual termination agreement is the best way to ensure a clean break and limit the financial exposure, and management time, for employers. Our employment team help employers navigate through employment departures and negotiate exit terms. Our lawyers are experienced negotiators and will provide employers with the information and advice needed to determine what a reasonable settlement package looks like in each case.
We draft and advise on the legal documentation needed to record the negotiated exit terms whether it be a settlement agreement or a COT3 and ensure that matters such as confidentiality and post-termination restrictions, for instance, are discussed and addressed where appropriate.