Our business and healthcare law firm represents healthcare employers, other businesses, professionals and employees with regard to severance packages. We provide our clients with the following types of legal services related to severance issues:
- Review and evaluation of potential legal claims
- Negotiation of severance compensation
- Negotiation of severance benefits
- Negotiation of non-economic terms of severance
- Negotiation of Non-compete and other restrictive covenants
- Preparation or evaluation of proposed Severance Agreement
If you are an employer or an employee evaluating terms and conditions of a severance agreement and require experienced legal counsel, we can hope you. We provide affordable, high quality legal services and pride ourselves in responsive, personalized service.
Our firm has represented healthcare businesses, professionals and employees in Atlanta and Augusta, Georgia; Aiken, South Carolina; and in other Communities We Serve. Our attorneys have extensive experience and hold Martindale Hubbell's AV rating, its highest rating. To schedule a consultation, email us at firstname.lastname@example.org or contact us at our office nearest you.Severance Agreements
There is no form or template that will work for all severance agreement situations and purposes. Each situation is inherently different and individualized, and there are often serious, long-term consequences for both the employer and employee with particular terms and language in the severance contract. Therefore, both the employer and employee should retain counsel to advise them and carefully consider all proposed severance terms.
Some factors or issues that may be included in or affected by a severance agreement are: non-compete agreements and other restrictive covenants that will impact the employee’s ability to work; continuation of health insurance or other fringe benefits; stock options; outstanding loans; alternative dispute resolution provisions; legal fees; training or outplacement assistance; tax consequences; and, of course, terms of severance compensation. It is also very important (for both parties) to ensure that all parties are properly bound and that included provisions are clearly stated and legally enforceable under applicable law.
An employer may be justified in wanting provisions that will protect its proprietary rights or interests (such as non-compete and confidentiality agreements) or wanting a release of claims. However, how language is used in the severance agreement is critical because of the long-term limitations imposed upon the employee’s ability to work (in the case of non-compete agreements). Language should be negotiated in a manner that will afford all legitimate protections to the employer without unduly infringing upon considerations important to the employee’s ability to work and long-term best interests. A severance agreement should not be signed except upon the advice of a qualified employment law attorney.
Our AV-rated law firm negotiates and drafts severance packages. Our attorneys have represented the interests of individuals in many professions in negotiations for severance packages. We have offices in Atlanta and Augusta, Georgia. To schedule a consultation, email us at email@example.com or contact us at our office closest to you.