City Compromise Agreements - Guy Thompson & Co - resolving employment disputes for financial institutions and employees in the City of London

Thanks for visiting our site.

Yes, we can help you if you've been asked to sign a Compromise Agreement or need an employment dispute resolved.

While new employment laws come and (sometimes) go, Compromise Agreements succeed because they are an essential win-win for employers and employees.

This site is mainly focused on the needs of City employees. If they are made redundant they are often asked to sign a compromise agreement. But employers benefit too from saving management time and reputational risk. Everyone gains from capping the costs and risks of the Employment Tribunal or the High Court.

Even if responsible employers do their best to keep to the law, the harsh truth is that the consultation procedures and the many employment protection and anti-discrimination laws have only had a limited effect in the modern world of corporate downsizing and restructuring.

The independent adviser has a vital role to play. He or she will normally be be an independent solicitor, and for the compromise agreement to be a valid it  must always be approved by someone  who is independent of the employer's disciplinary or redundancy process.

That is why the Compromise Agreement has no rival in its overall success in achieving results that benefit all concerned.

It is certainly the quickest and cheapest way to conclude almost any employment issue, because both employer and employee can settle employment disputes of all types, or avoid them altogether, in a way that is clear, fair and free of ambiguity. It is is one of the very few ways employers and employees can settle a dispute relating to an employment contract, once and for all.

For the employee, issues are sorted out fast, typically with improved terms, and the whole deal is reviewed by an independent lawyer - normally at no cost to the employee.

For the employer, it acts as security that an issue that was believed to be settled, or even a totally new claim, does not appear unexpectedly at a later date. Audited accounts have to provide for potential claims or unresolved litigation, and these issues can disappear with a compromise agreement.

Guy Thompson & Co is an established law firm working for clients based in the City of London.

All Compromise Agreements are handled personally by Guy Thompson, or one of a select group of consultants who have worked with financial institutions and City companies and staff for many years. Arrange a meeting at their City meeting rooms, or wherever is convenient to you.

We can provide quick and objective advice to both employer and employee.

For further information call us now on 020 7274 6874 or write to us at guy.thompson@guyt.co.uk