Portland Separation Agreement Lawyer
The Purpose of a Separation Agreement
A separation agreement can be used to protect a company from future problems that could potentially be caused by an employee who is leaving the company, whether or not of their own accord. Such an agreement seeks to prevent the ex-employee from suing the company, filing a regulatory complaint, or taking trade information with them and competing with the firm. In exchange, pay beyond the usual compensation is usually issued, also known as severance pay. If your company is considering the use of a separation agreement or you as an individual have been requested to participate in such an agreement, consult with a
Portland employment lawyer. An experienced legal professional can work to protect your rights and guide the situation to be addressed in alignment with your best interests.
As an employer, your attorney may ask you to outline your reasons for considering a separation agreement. In this way, your legal counsel can draft an agreement which specifically protects against potential consequences. An experienced attorney can also include clauses which provide comprehensive protection against repercussions you may not have predicted. An attorney can also advise as to how best to approach this situation with the employee and help to determine an appropriate severance amount, taking all factors into account.
Employment Attorney Serving Oregon
At HKM Employment Attorneys, we not only represent companies but also individual employees. If you have been asked to sign a separation agreement, we can review the agreement to ensure you are being treated fairly and are not signing away vital rights and placing yourself at a disadvantage. If the terms are found to be unacceptable, we can negotiate toward a satisfactory resolution. If not separation agreement or severance pay have been offered, we can help you seek them to provide you with greater financial security following the conclusion of your employment.
Contact a Portland separation agreement attorney for help with all matters relating to separation agreements.