The termination of any individual’s employment or engagement is a focal point of legal risk. Handled incorrectly, it can result in significant liabilities for the employer in terms of management time, legal fees, PR issues and/or compensation payments if it is not handled effectively.
Macfarlanes specialises in advising employers on their obligations and options when handling employee terminations. Whatever the employee’s seniority or the reason for the termination, we can help in a way that meets your needs while minimising time and costs and robustly managing your legal risks.
Our role in dealing with the issues related to termination, as well as the process itself, could include:
- advising on the effects of termination on an individual’s bonus, share option or carried-interest scheme;
- outlining the regulatory and disclosure implications of dismissal; or
- dealing with individuals who do not have employment status but may be partners, LLP members or consultants.
We also have extensive experience in acting for high-net-worth individuals in these situations.
In every termination process we take into account the perspectives of both parties when considering how to achieve your objectives in the most appropriate and cost-effective way.
"Clients say: 'they have a really high-level and skilled team. They adopt a problem-solving approach to serious problems'."
Chambers UK 2014
"This team receives plaudits from market sources for its pragmatic, efficient and effective approach."
Chambers UK 2013
"Macfarlanes LLP is appreciated for its ‘first-class input into decision-making’."
The UK Legal 500 2012