Support for your business
Senior Executive Severance
Part company with confidence
Severance Agreements and Exit Plans are an inevitable part of the business lifecycle. We’re here to see you safely through the challenges that can arise when a key employee, senior manager or director needs to leave your business.
We have extensive experience negotiating Settlement Agreements, packages and exit plans that protect the financial, operational and strategic interest of your business and put you in the strongest possible position to move forwards. Our service is personal and flexible and we’ll always tailor our services and the way we work together to suit your priorities and goals.
We get the real world
We know relationships and expectation in any business can shift over time and that individuals can decide, or be asked to leave. Our Employment team has earned a superb reputation in acting for businesses who will to handle and execute the departure of key employees.
We understand the unique complexities and challenges that arise when terminating the employment of a senior executive and we take pride in negotiating settlements that avoid long, expensive and disruptive disputes and/or risk to your business.
Our technical expertise includes contractual entitlements, dealing with shares, enforcing post-employment restrictions, negotiating the terms of references and announcements and confidentiality clauses.
Now and next
Our agile, straightforward approach and clear direction always makes it quicker and easier to resolve difficult issues and make decisions with certainty. Our firm advice and well-drafted Settlement Agreements will give you the reassurance you need that there can be no further recourse against your business, either in the courts and/or the Employment Tribunal.
Going forwards we can help protect your business interests by adding restrictive covenants, also referred to as post-termination restrictions, to future employment contracts.
City expertise without the City fees
Many of our Employment team have worked in the City’s top firms and bring wide-ranging experience and broad business acumen. We offer you expert, pragmatic advice and direction, but without the EC1 fees. What’s more our extensive contacts in your sector could help you develop new opportunities and grow your network.
I would like to take this opportunity to sincerely thank you for your counsel and guidance as we worked through this process. You have been very supportive at all the right moments and provided me with sound advise and legal representation throughout. That in itself is not small feet in what can be a highly emotional situation, you managed to keep things sensible, calm and objective. I will have no hesitation in recommending you.
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Get in touch
Talk to us about your legal challenges and discover how our expert, pragmatic legal advice and broad commercial acumen can help.