As your business grows and evolves, restructuring and reorganisation is often inevitable. The need for change can also arise during times of economic uncertainty, when challenging decisions must be made. Managing the process correctly plays a crucial role in the long-term health of your business and taking advice early is critical to ensure the legal risks are effectively managed.

A settlement agreement is a legally binding contract that typically seeks to end an employer-employee relationship with the waiver of statutory and contractual employment law claims. It is often used when an employee is dismissed or made redundant, but they can be used while an employee is still employed, depending on the circumstances.