Making Sure You Get the Right Severance Package
We always recommend that individuals consult with one of our experienced employment law attorneys before signing a severance agreement. We will assess your situation and best advise you regarding your rights. At Thatcher Law Firm, we resolve many of our clients’ employment matters through the negotiation of severance packages without the need to file an Equal Employment Opportunity Commission (EEOC) complaint or a lawsuit. Under the Older Workers Benefit Protection Act, if an employee is over the age of 40, they are legally entitled to 21 days to review any severance agreement, and the right to consult with a lawyer. To learn how a severance agreement might benefit you, contact an experienced employment law attorney at our Greenbelt, Maryland, office.
Trusted Attorneys Who Fight for Your Rights
The following list are a few of the many considerations we can negotiate on your behalf:
- Amount of paid severance
- Unpaid vacation, commission, sick leave or other elements of your compensation
- Full or partial release from any noncompete covenant, confidentiality agreement, or other contract terms you might have signed with the employer
- Health insurance coverage for yourself and your family
- Strict control of the language of any reference or contacts you might need from your employer while seeking other employment
If you have already received a proposed severance agreement, we can review its terms and give you an honest evaluation of the agreement and our ability to improve them. The main factor that determines possible severance negotiation is the strength of your potential legal claims against your employer. Therefore, we make an exhaustive review of your rights and prospects of legal success before making any recommendations.
The option to accept a severance agreement is ultimately your own, but we give you the best information and advice possible to guide your decision.
Contact Us Today to Learn More
For additional information about severance agreements, contact an attorney at Thatcher Law Firm by calling 301-850-1246. Our attorneys represent clients in Maryland, Virginia and the District of Columbia.