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Law Society Guidance On Settlement Agreements

(Last Updated On: September 25, 2021)

Finally, the Law Society has published guidelines on the use of NDAS in settlement agreements that follow a warning from the Solicitors Regulation Authority last year. Employers should not only consider the requirements of a regulatory authority in their own industry, but also know that the Law Society`s guidelines could impact them if they receive legal advice on transaction terms (including from their own in-house lawyer). Employers and their legal advisors must carefully balance the desire to end a bitter and/or sensitive conflict against the need to do so in a manner that, from a regulatory and legal perspective, does not exceed the limits. Registration is free and only takes a few minutes. The release of the guidelines follows the controversy that occurred last year over law firms that developed settlement agreements preventing the employee concerned from informing third parties that he or she has been sexually assaulted on the job. . . .


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