Atlanta Severance Negotiations Attorney
Being laid off from a job can be an extremely challenging time in your life, especially if you're facing financial difficulties and are uncertain about your future employment prospects. A good severance package can offer some much-needed financial security during this time of transition and beyond. You want to make sure you are not leaving money on the table and the attorneys at Beal Sutherland Berlin & Brown can help you do that.
Our attorneys possess extensive experience in meticulously reviewing severance agreements, furnishing our clients with comprehensive legal counsel on the ramifications of each provision of the agreement, and advocating for larger severance packages. As a severance agreement can significantly impact your financial future, it is crucial to fully comprehend your rights and responsibilities and to secure the most favorable terms available.
Severance packages generally consist of compensation for a designated timeframe, which may or may not be proportional to your value, tenure, or other pertinent considerations. These packages may also encompass continued benefits or funds designated for Consolidated Omnibus Budget Reconciliation Act (COBRA) payments, allowing you to retain group health insurance for yourself and your family through your former employer's plan. Additionally, severance agreements may include other types of compensation or benefits, such as bonuses based on performance or outplacement services designed to aid in your job search.
Severance agreements typically require an employee to sign a release of all legal claims in exchange for the severance payment. These agreements may also include provisions that prevent you from working for a competitor or soliciting clients or customers of the company for a certain amount of time. It is important to understand how these provisions interact and affect your rights, as well as whether the compensation offered is reasonable given the potential claims you may be giving up. At Beal Sutherland Berlin & Brown, our experienced employment law attorneys advise clients on the legal implications of severance agreements, including the value of potential claims being released, as well as post-employment restrictive covenants such as non-competition and non-solicitation provisions.
Our team of experienced attorneys can also assist with negotiating favorable severance packages on your behalf. Just as it's important to ensure that the compensation and benefits of a new job align with your skills and experience, it's equally important to ensure that the terms of your departure from a company are fair and reasonable. We work closely with our clients to understand their goals and advocate for their best interests during negotiations, so they can move forward with confidence and financial stability.