Navigating Severance Packages in NYC: Get the Best Deal for Your Future

 Understanding severance agreements can be challenging due to complex legal terms. Consulting with an employment lawyer is crucial to ensure you receive fair compensation and understand your rights. Once signed, severance agreements are typically binding. Before agreeing, it’s essential to negotiate effectively for what you deserve. Experienced New York employment lawyers can help leverage your employment history to secure a beneficial severance package.


A severance agreement details the terms of severance pay and benefits, requiring a mutual exchange of value. It often involves relinquishing certain rights, such as not suing your employer, in exchange for compensation beyond your final paycheck and accrued paid leave. Negotiating with an experienced lawyer signals to your employer that you are serious about protecting your interests.

Employees over 40 are protected by the Older Workers Benefit Protection Act (OWBPA), which ensures fair severance offers and provides time to review agreements. This includes a 21-day review period for individual waivers and a 45-day period for group waivers, plus a 7-day revocation period after signing.

For expert assistance with severance agreements in New York City, contact Mansell Law at 646–921–8900.

#EmploymentLaw #SeverancePackage #NYCLawyer #LegalAdvice #WorkersRights #SeveranceNegotiation #EmploymentAttorney #NewYorkCity #LegalHelp #EmployeeRights

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