How to work: Informed consent is a key requirement of any settlement agreement

While such an agreement can provide an effective way to resolve a dispute, for it to be legally binding the employee must fully understand the significance of the waiver they are providing

For employers, settlement agreements can be an effective means to reduce legal costs, avoid litigation or prevent exposure

Negotiating settlement agreements or “compromise agreements” as they are more usually known in Ireland is a very common feature of Irish employment law.

These agreements are used when the employer and the employee have agreed terms for an exit or where there is some legal dispute or complaint filed which has been resolved such as one alleging unfair dismissal or an equality case.

The practice provides both employer and employee with the flexibility to agree, ...