The range of situations in which you might ponder on the choice of settling or not is as vast as the range of legal cases there are in the world. It is mostly the case that you can resolve any type of civil legal matter with a settlement agreement. Yet, while lawyers often do recommend that their clients agree to such an offer, many feel that if they offer a settlement or even accept it, that this would deem them guilty in the public eye. Yet, without settling you can open yourself to greater concerns.
“The general idea regarding settlements couldn’t be further from the truth. A settlement agreement is a way that allows you to overcome an obstacle and to prevent it from costing you more in time, money, and damage to your reputation than what is necessary for the specific matter,” states Ray Crudgington, the Managing Partner at one of the city’s leading settlement agreement solicitors for employers, Grant Saw Solicitors LLP.
The trusted team has been helping clients since 1851 and when it comes to settlements, they state that this is the best solution to take control of the matter. By offering an opposing party a settlement, you can limit the expense of the venture and you can stop the opposing party from causing your business and brand any harm by tarnishing your reputation. The legal costs and the amount of time that such a matter can tally are also often far more than what a settlement agreement would entail.
“We also advise our clients that even if they are confident in the outcome, the Employment Tribunal can sometimes shock with their rulings. So, you might have to pay more and still not have any certainty about the outcome until they ruled on the matter and this ruling might not be in your favour,” Ray continues.
Furthermore, there is also the concern that when a matter is heard before any board or legal body, it becomes a matter open to the public. It is not the kind of situation you would want to be in as it places any business in a vulnerable situation. It reveals their weaknesses to the competition and makes them vulnerable in a world that is already highly competitive.
Yet, when you do opt for settling, make sure that you have expert legal support by your side to draft a watertight settlement agreement and put an end to your concerns.
Grant Saw Solicitors LLP has been around since 1851, taking care of both the personal matters of our clients as well as of legal matters concerning the large corporates on our books. To do so successfully, our team consists of highly skilled professionals from a range of fields to ensure we provide a modern, effective and professional approach in all the matters we take on. Our long list of accolades testifies to our success in our field. With such a long-standing history, our reputation speaks of trust and efficiency. Visit our website at https://grantsaw.com/ or contact us and see how we can take care of your legal concerns.