Jan 23 – London – Senior Executive

The client is a senior executive who has instructed Sarah on multiple occasions as settlement agreements at his level are standard on exits from the business. Sarah has been representing him for over 12 years on such occasions which will arise every 3 / 4 years.

This occasion was a genuine redundancy situation and the client had negotiated the settlement sum himself with it being at its limit when he instructed Sarah to assist again. Sarah was however able to advise him on the wording of the settlement and noted that the PILON should have been for basic pay and benefits and not just basic pay so was able to secure a small increase of 10% to the sums already agreed as well as an increase to legal fees so there was no contribution required from him. In addition, Sarah negotiated a reference annexed to the agreement and release of the non-compete clauses of his contract of