New York City Severance Review & Negotiations Lawyer: Secure Your Future with Mansell Law

 

Helping Employees Transition Smoothly

Severance agreements can be intricate and filled with legal jargon. To ensure you fully understand the terms and conditions of your severance package, consulting with an experienced employment lawyer is crucial. Once you sign a severance agreement, it’s typically irreversible.

Maximize Your Severance Compensation

Before agreeing to any severance package, it’s vital to ensure you’re receiving the compensation you deserve. At Mansell Law, we specialize in negotiating severance agreements, leveraging your employment history to secure the best possible outcome. Our experienced attorneys will help you navigate the complexities of severance negotiations, ensuring you’re fairly compensated during this challenging transition.

Understanding Severance Packages

Severance agreements define the rights and obligations of both the employer and the employee upon separation from employment. These agreements typically include terms regarding severance pay, benefits, and conditions that could affect the package.

As a binding contract, a severance agreement contains mutual promises and requires consideration — a valuable exchange between both parties. Our New York employment lawyers are skilled at ensuring your severance agreement provides adequate compensation in exchange for any rights you may be relinquishing.

A well-negotiated severance package should offer compensation beyond your final paycheck and accrued paid leave. In return, you may be required to waive certain rights, such as the right to sue your employer for discrimination, harassment, or wage violations. If your employer is concerned about potential claims, you may have significant bargaining power. Our legal team will negotiate on your behalf, demonstrating to your employer that you are serious about protecting your rights.

Know Your Rights: Reviewing, Accepting, or Rejecting Severance Packages

If you’re over 40, you’re protected by the Older Workers Benefit Protection Act (OWBPA), an amendment to the Age Discrimination in Employment Act (ADEA). This law ensures that employees who waive their right to sue receive additional benefits beyond the standard severance package.

Under the OWBPA, you have 21 days to consider a severance offer if it applies only to you, and 45 days if it applies to a group of employees. This period allows you ample time to consult with an employment attorney to review the agreement and assess your situation. Additionally, you have seven days after signing to revoke the agreement.

Get Expert Help with Severance Agreements in New York City

If you need assistance with negotiating, reviewing, enforcing, or challenging a severance agreement in New York City, Mansell Law is here to help. Contact us today at 646–921–8900 for expert advice from a knowledgeable and experienced New York employment law attorney.

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