Because of various reasons, employment law litigation requires settlement offers between the employee(s) and employers to ensure both parties move on amicably. They offer the following benefits when you have litigation lawyers in Toronto:
Provides Confidentiality
For the parties involved in a settlement offer, confidentiality plays a major role in terms of maintaining a reputation and discretion about different matters. The degree of confidentiality varies a fair bit considering the agreement and the circumstances leading to the settlement. The main factor is the scope of confidentiality.
For example, the employee may be allowed to share details with close relatives or a future employee. Civil lawyers in Toronto are fairly considerate that both parties have a good understanding of the set rules.
Control and Certainty
Both parties have a great deal of certainty that they will walk away from the situation with their best interests looked after. For an employee, they can rest assured with a legally enforced contract that the employer has to reward them financially.
For the employment tribunal, there’s the risk of claim dismissal. With a settlement offer, employers have a certainty that the process is smoother and the matter will be resolved quickly. They’re generally much quicker compared to most Employment Tribunal proceedings, making them ideal for both parties as they can move on quicker while receiving their dues.
Security
For the employer, they’re secured by their termination document. All of the terms that the parties agree on, along with any financial settlement, are clearly laid out in it. At the same time, the employer is safe from claims from the employee in question in the future.
The Need for Legal Counsel
You’re legally required to consult legal advice before signing a Settlement Agreement. Your civil litigation lawyer will educate you about the agreement and what it entails. It’s recommended that you work with legal counsel to get a deeper understanding of the settlement process so that your best interests are represented.
Ensuring that you deal with civil litigation in Toronto can streamline the settlement process and help ensure your rights are protected. Our professionals at Nanda and Associate Lawyers have worked on numerous cases representing various entities and individuals. We provide corporate lawyers, civil lawyers, commercial real estate lawyers, and family lawyers in Toronto.
Get in touch with us today or book an appointment with our professionals.
