Settlement agreements explained: Top tips & how to get them right

Dec 2, 2025
21 mins

Episode Description

If you’re staring down a reorganisation, a redundancy risk, or a fraying working relationship, a well-drafted settlement agreement can be the difference between clean closure and months of expensive uncertainty. In this episode, Partner Helen Goss and Solicitor Rachael McAnulty break down everything employers and employees need to know about settlement agreements.

With organisations continuing to restructure in a challenging economic climate, settlement agreements are increasingly common but they’re often misunderstood. Helen and Rachael discuss what a settlement agreement is, when it should be used, and the key clauses that must be drafted with care.

From tax treatment and PENP calculations to restrictive covenants, legal fee contributions, and the importance of getting notice arrangements right, this conversation provides clear, practical guidance for HR teams, business owners, and individuals exiting a company.

Episode Links

See all episodes

Never lose your place, on any device

Create a free account to sync, back up, and get personal recommendations.