Advice on settlement agreements: the costs of reviewing and checking a settlement agreement in the event of dismissal
What are the costs of reviewing a settlement agreement? If your Dutch employer wants to dismiss you by means of a settlement agreement and you want legal advice or assistance with the proposal, the employer will in principle pay the costs of a lawyer for the settlement agreement.
Compensation for legal costs
The settlement agreement almost always includes an amount as compensation for legal costs for legal assistance and advice on the settlement agreement. The contribution for a legal settlement agreement check averages between €750 and €3000 excluding VAT, depending on the complexity of the case.
Legal advice
The employer assumes that you, as an employee, will first seek legal advice from a lawyer or legal expert before agreeing to a termination agreement. This is not surprising, given the risks associated with a settlement agreement, such as the right to unemployment benefits, the correct calculation of the transition allowance, or the fictitious notice period during which you will not receive unemployment benefits.
Ask our lawyers for legal advice before signing a termination agreement by mutual consent.
Since 1997, we have been checking, advising, and negotiating nationwide on all aspects of termination agreements
- UWV proof (assessing entitlement to unemployment benefits)
- bonus and thirteenth month or end-of-year bonus
- commission scheme and share scheme
- certificate and references
- end date or termination date
- final settlement: compensation for outstanding vacation days and leave hours (leave balance), vacation pay
- outplacement budget
- Calculating and negotiating transition compensation
- Exemption from work
- Returning or retaining lease car, laptop, telephone, pension rights
- Final mutual discharge
- Post-contractual clauses (such as relationship clause and non-competition clause)
- Reimbursement of legal attorney’s fees
Employer reimburses attorney’s fees for settlement agreement
When reviewing a settlement agreement, our lawyers and legal experts almost always remain within the budget that the employer has made available for legal advice, or negotiate with the employer for a (higher) reimbursement of legal costs.
WS Advocaten Employment Law Amsterdam
WS Advocaten Amsterdam employment law specializes in dismissal by mutual consent by means of a settlement agreement or termination agreement. You can call our experienced employment lawyers for legal advice or make an appointment at our office in Amsterdam: 020-5221999.