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01865 784476
01865 784476
Inside Office at The Oxford Science Park

Corday & Co Specialise in Employment Law

The balance of experience and expertise, of in-depth knowledge and straightforward advice, of flexibility in our approach to legal costs makes us who we are. But it does not end there: Our commitment is full focus on individuals and a sensitive, empathic approach to our clients' circumstances.

Home 1 (Legal Services)

Our Firm

&

C

Co

"With expertise in employment law we specialise in resolving the disputes that occur when relationships are coming to an end. We offer straightforward, pragmatic advice tailored wherever possible to providing services on the basis of a fixed fee."

Our Locations

Oxford: (01865) 784476

Gloucester: (01452) 405867

Worcester: (01905) 409698

  • Do I need to take professional legal advice?
    For settlement agreements to be binding in law, it is a statutory requirement for all employees to take legal advice from a solicitor or other properly designated legal professional before signing to confirm acceptance of the terms. To reach a contractually binding agreement, employers will almost always make a reasonable contribution to the legal costs of that advice accordingly. ACAS settlement agreements, sometimes called COT3 agreements, are an out of court settlement alternative to continuing with an employment tribunal claim. While it is advisable to take legal advice on the wording of a COT3 settlement agreement, it is not a ststutory requirement for employees to take independent lagal adviec on the terms before agreeing them.
  • What do you charge for advising on a settlement agreement?
    Our minimum charge for advising on the terms and effect of a settlement agreeemnt is £350.00 plus VAT. It normally takes beween one and two hours to finalise a settlement agreement. If the terms of the agreement, including the settlement sums, are agreed in principle, we expect to complete the agreement within the employer's contribution to legal costs. If more substantial amendments are required, including negotiation of a more attractive termination payment, we normally estimate at least two hours work will be required.
  • Who do you send your invoice to?
    We prepare an invoice marked payable by your employer and send it directly to your employer, as required by the terms of the agreement. If you have instructed us to negotiate substantial amendments to the terms of the agreement, including a more attractive severance payment, and have authorised costs above the employer's agreed contribution, we send a separate invoice marked payable to you for the balance.
  • How much can I expect my employer to pay towards my legal costs?
    The statutory requirement is limited to obtaining advice on the terms and effect of the agreement and so the contribution is for advice on the terms only. It does not extend to any earlier discussion or negotiation associated with the proposed termination arrangements or severance payments offered. Some employers will therefore limit what they are prepared to pay in each case to the minimum required for the agreement to be completed.
  • Can I negotiate amendments to the terms of the agreement?
    If your employer's contribution to your costs is less than our minimum charge we may seek your permission to engage with your employer to increase their contribution. If you ask us to negotiate an increase in the settlement sum or make substantial amendments to the terms, including the employer's contribution to your costs, we will provide you with an advanced costs estimate for the additional work.
  • Where are the legal costs referred to?
    In most cases, your employer will have informed you of the sum it offers to contribute to your legal costs before you contact us. If a draft agreement has already been prepared it should include a separate clause in the body of the agreement setting out the agreed contribution, which should be sufficient to advise you on the terms.
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Separation & Divorce

Financial Remedies & ADR 

Children

Prenups & Postnups

News & Insights

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