A separation agreement is a legal contract between an employee and an employer to resolve complex issues when an employee leaves a company. This process can be very complicated and time consuming for both parties in solving the dispute amicably. Separation agreements lawyers in Washington, D.C. can help you in getting severance pay or other financial compensation.
The Nature of the Separation Agreement
A legal separation agreement includes provisions for how benefits and payments are to be paid once an employee leaves an organization. If you’ve recently been fired or laid off, you generally have a short window of time to act on a separation agreement. We recommend getting in touch with an employment contracts lawyer at HKM Employment Attorneys LLP to iron out your post-employment terms immediately.
The contract gives detailed obligations and limitations of the two parties:
- Whether compensation will be paid
- How payment will be made
- How holiday time will be handled
- How accumulated sick days will be compensated
- How coverage of medical needs will be covered
- How retirement, profit sharing, and pension plans will be paid
Generally, an employee primarily agrees that once final payment is made, he or she will not take any extended lawful action against their former employer.
How a Separation Agreement Attorney Can Help
If you are seeking assistance, your separation agreement will be reviewed by our qualified lawyers before you sign it. An attorney will ensure that your separation agreement conforms to federal law, state law, and district law.
At our law firm in the District of Columbia, you can schedule a Consultation with our qualified and experienced attorneys. If you’re an employee looking to clarify a separation agreement, HKM Employment Attorneys’ legal advice will help you determine a course of action. We can draft separation agreements, highlight legal issues you might not have considered, determine if a separation agreement is enforceable, and negotiate the terms. Call us today.