Tribunal

grahammichie

I was made redundant and I went to a tribunal, it is still ongoing although the company made me a settlement offer with terms and conditions. I reluctantly accepted and asked my solicitor to read over the terms and conditions but they wanted to charge extra for professional indemnity insurance. Is this normal and how much should it cost?

Comms69

Who wanted to charge extra?

Undervalued

To "sign off" a settlement agreement, it is a legal requirement that the solicitor has appropriate insurance in place to protect the client if they give bad advice. Clearly somebody (i.e the client!!) has to pay for that, directly or indirectly! In my experience it is not normally charged as a separate item. However I am quite a few years out of date so maybe it is now?

Ultimately it is the bottom line that counts.... 

davemanhere

Hello there, companies who break laws on things or breach contracts, that deems the employee is a position to file a claim against the company for whatever reason. A company has a legal way out of an employee taking an employer to a tribunal.
It is called a compromise agreement. Under section 203 of the employment act. A company for a fee paid, up to so many thousands of pounds tax free of national insurance and tax. It is put in the employees name but the company pay the fee of around £250. It waives an employees rights to go to a tribunal. This payment has small print of the employee not being able tell anyone about the payment, or the company can sue you over that payment. 

Comms69

davemanhere said:

Hello there, companies who break laws on things or breach contracts, that deems the employee is a position to file a claim against the company for whatever reason. A company has a legal way out of an employee taking an employer to a tribunal.
It is called a compromise agreement. Under section 203 of the employment act. A company for a fee paid, up to so many thousands of pounds tax free of national insurance and tax. It is put in the employees name but the company pay the fee of around £250. It waives an employees rights to go to a tribunal. This payment has small print of the employee not being able tell anyone about the payment, or the company can sue you over that payment. 

What are you on about?