Severance Agreement Review and Negotiation Services
Employees who are terminated or laid off in New Jersey may be asked to sign a severance agreement, which is a legally binding contract between the employer and employee that determines the employee’s rights after their employment. Before signing a severance agreement, it is important to speak to an experienced New Jersey employment lawyer because otherwise you may inadvertently waive important legal rights and not achieve the best severance package. A severance agreement is offered because it favors the employer – not the employee. That is why it is important to have a severance agreement reviewed by an experienced New Jersey severance law attorney.
Call: 609-934-4902 or Contact Us to schedule your severance review and negotiation today.
At Schroll Law, LLC, I have reviewed and negotiated innumerable severance agreements. Employers offer severance agreements that are drafted to the company’s benefit and require the employee to sign away their legal rights. Common provisions of a severance agreement include a general release of any legal claims the employee may have against the company, a non-disclosure clause preventing the employee from discussing their termination, a non-disparagement clause preventing the employee from saying anything negative about the company, and restrictive covenants that may impact the employee’s freedom to work for other companies.
Before signing a severance agreement, I can help employees review and negotiate the terms of a severance agreement. This may include improving the amount of the severance payment, continuation of medical benefits, protecting unemployment benefits, and ensuring neutral references for future employers. My goal is to make sure you are confident and satisfied with your severance agreement.
When you contact me, I will comprehensively review your severance agreement so that you can understand and protect your legal rights. Once I have reviewed your severance agreement, I will go over it with you in detail and answer any questions you may have. Following our discussion, I will provide you with my written feedback with suggestions and changes that you may wish to discuss with your employer. The flat-rate fee includes any reasonable follow-up after our review. If you wish to have me negotiate with the employer on your behalf, I will contact the company and handle all communications with the employer directly. This will relieve you of the time and stress of dealing with your employer, so that you can focus on your future. For negotiations, I only charge a fee based on any increase in the severance pay, not what was already offered, so that my services are performance-based and you can be confident that I will work to achieve the best severance package available.
Call: 609-934-4902 or Contact Us to schedule your severance review and negotiation today.
Pricing:
Severance Agreement Review: $700 flat rate
- Thorough review of your severance agreement.
- 1 on 1 consultation to review your severance agreement with a lawyer.
- Direct feedback to take back to your employer.
Severance Agreement Negotiation:
We offer negotiation for a flat fee of $1,500, plus 30% of any additional amount we secure for you in the negotiation. You will keep 100% of your original severance offer, with the potential to increase it.
- Thorough review of your severance agreement.
- 1 on 1 consultation to review your severance agreement with a lawyer.
- A lawyer handling all the 1:1 negotiation with your employer.
- Potential to increase your initial severance offer and severance terms.