Labor & Employment Law
Severance Agreement and Separation Packages
There are many considerations when negotiating a severance or separation agreement. Such agreements typically address a broad range of issues, including lump sum severance payments, bonuses, accrued vacation payments, retirement benefits, insurance, employment references, and waivers and releases of potential legal claims that you may have against your employer.
Before signing a severance package or separation agreement it is beneficial to have a legal advocate on your side to review the agreement and to negotiate terms regarding your separation from employment that are favorable to you. The attorneys at Sass Law Firm are experienced in reviewing, evaluating and negotiating the terms of severance packages and provisions of separation agreements.
Severance Agreement and Separation Package Frequently Asked Questions
Severance and separation agreements typically address a broad range of issues, including:
- Lump sum severance payments
- Bonuses
- Accrued vacation payments
- Retirement benefits
- Insurance
- Employment references
- Waivers and releases of potential legal claims against your employer
Before signing a severance package or separation agreement, it is beneficial to have a legal advocate on your side to:
- Review the agreement
- Negotiate terms regarding your separation from employment that are favorable to you
Professional Legal Assistance
Experienced employment law attorneys can help by:
- Reviewing severance packages
- Evaluating separation agreements
- Negotiating favorable terms