Washington D.C. Separation/Severance Agreements Lawyer
Severance Agreements
An employment issue of significant importance to employees and employers is the negotiation of severance agreements, sometimes referred to as separation agreements. If you are an employer or employee in need of an experienced attorney to draft, review, or negotiate a severance agreement / separation agreement, call (202) 861-2934 to contact McKinney & Associates, PLLC, in Washington, D.C.
Employees
As an employee who is being terminated or laid-off, you should negotiate the best possible severance agreement. Not all employees, even long term employees, will be offered a severance agreement. Speaking with an experienced lawyer is a good first step to learning your rights. Even if your employer has not offered a severance agreement/separation agreement, an attorney may be able to convince your employer that it is in their best interest to offer you a reasonable severance package. Before you agree to anything that may waive or jeopardize your rights, contact an experienced attorney.
Employers
Employers may ask themselves why it is in their best interest to offer an employee a severance agreement. As a general rule, employers in at-will states can terminate an employee for any reason, or no reason at all.
There are several reasons why an employer should consider giving a departing employee a severance package. Disgruntled employees pose a potential risk of a lawsuit. Litigation is expensive and potentially damaging to your corporate image. In addition, the discharge of a long time employee can damage the morale of your employees. Treating current and departing employees well has an impact on employee recruitment, retention, loyalty, and efficiency.
Retain an Experienced Severance Agreement Attorney
Employment laws regarding the enforceability and effect of severance agreements are a frequently changing area of the law. For a severance agreement/separation agreement to be enforceable, it must provide the employee with consideration they would not normally receive at the time they are discharged or laid-off. An experienced severance agreement attorney can advise your business on critical components of severance agreements, including the importance of obtaining a release of all potential claims from the departing employee.
Contact Us
To speak with an experienced severance agreement attorney at our office in Washington, D.C., contact us.
McKinney & Associates, PLLC
1100 15th Street NW, Suite 300
Washington, D.C. 20005
(202) 861-2934