Severance Agreements and Negotiations
Legal Representation for Your Severance Negotiations
If your employer ends your employment relationship abruptly, against your wishes, and with little or no advance notice to you, they have likely violated rightful termination policies that might be defined at the state and/or federal level. Such a wrongful termination may have significant impacts on your standard of living moving forward, and in addition to dealing with the emotional and financial consequences of being terminated, you may also have to deal with legal obstacles as well. For instance, in exchange for paying you severance money, your employer may expect you to sign a severance agreement in which you are expected to waive your legal rights and release potentially valuable employment claims. It may very well be that the amount of pay your employer offers is far less than the value of the claim or claims they have asked you to waive.
Typically, employees in these kinds of circumstances might not know better than to take the severance money and sign the release because they are desperate to quickly resolve the situation and do not understand the law or their rights they might be waiving. Before you release any potential claims or waive any rights, it will be wise to contact an experienced attorney at Riggan Law Firm, LLC to review your proposed severance agreement and provide you with legal advice as to how to end your employment relationship on the best possible terms in your favor.
In addition to waived claims or rights signed off in your severance agreement, you may also have signed other contracts that limit or restrict your post-employment activities, such as:
- Non-compete agreements,
- Non-solicitation agreements, or
- Confidentiality agreements.
Employees who are leaving a company, whether voluntarily or involuntarily, and who have signed any such agreements during employment should consider hiring legal counsel to fully understand their rights and obligations during termination. An attorney during this process can be helpful not only in negotiating your exit terms with your employer, but also in searching for new employment.
Can an Employer Hold Your Last Paycheck in Missouri?
Employers can not hold your last paycheck in Missouri. Employers are typically required to issue a final paycheck containing compensation for all earned, unpaid wages.
Contact Riggan Law Firm, LLC for Help in Missouri or Illinois
If you have been wrongfully terminated or are ready to move forward with your severance case, do not hesitate to contact Riggan Law Firm, LLC as soon as possible. The team of highly experienced and dedicated legal professionals stands ready to aggressively defend you and ensure that your rights are protected. When you work with Riggan Law Firm, LLC, you can expect the team to thoroughly investigate your case and work to ensure that you are justly compensated following unlawful discrimination leading to termination or breach of contract.
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