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How an Attorney Can Help You Negotiate a Severance Agreement

You’ve worked hard for your company. But in this economy, jobs come and go with great frequency. If you are being let go by your employer, he or she may offer you a severance agreement. This document should provide you with something substantial in exchange for your leaving. Further, the document should include very specific terms — you should have a clear understanding of the provisions of the contract.

Yet unless you have a legal background, you may be entirely unfamiliar with the law and severance agreements in general. Following are some of the ways an attorney in New Jersey can help you negotiate a fair severance agreement:

  • Ensure you are properly compensated: Your first concern when accepting a severance agreement is to determine if you are being properly compensated. Your lawyer can review the agreement and advise you if signing it would be financially in your best interests.
  • Help you receive money owed: Does your employer owe you money for unused vacation time or other expenses? If so, your attorney can negotiate a severance agreement that pays you back.
  • Determine which claims not to release: Employers ask employees to sign severance agreements to obtain a release by the employee of legal claims. However, there are many potential claims and entitlements you may not want to release. A knowledgeable attorney can review your severance agreement and advise you as to what amendments should be made.
  • Negotiate a carve-out: Another reason employers use severance agreements is to protect confidential information. A savvy lawyer may be able to help you negotiate a carve-out agreement that allows you to use certain information that is valuable to your future business endeavors.
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Neil  H.  Deutsch Attorney Photo
Neil H. Deutsch
Senior Partner

About Neil H. Deutsch has been practicing law for over 35 years and is known as a skilled negotiator in employment and discrimination law. He believes in a bottom-line approach of risk analysis and cost effectiveness for his clients. "Case evaluation is something we take seriously," says Mr. Deutsch who seeks top net dollar for…

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Bruce L. Atkins
Senior Partner

About Bruce L. Atkins is regarded as one of New Jersey's premiere practitioners of employment and civil litigation. Mr. Atkins has also been included in the Thomson Reuters list of New Jersey Super Lawyers* in Employment Litigation since 2005. Mr. Atkins believes employees have rights that should be aggressively pursued when an employer has wrongfully dealt…

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Adam J. Kleinfeldt
Partner

About Adam J. Kleinfeldt joined Deutsch Atkins, P.C. in March of 2015.  He primarily represents individuals in employment litigations such as discrimination, retaliation, and whistle blowing matters.  He has extensive experience in all phases of the litigation process. Adam has obtained significant results for some of his clients, including a $525,000 jury verdict in a…

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Robert J. Pantina
Attorney

About Robert J. Pantina joined the firm in 2018. Mr. Pantina received his B.A. from Rider University in 2008. He received his J.D. from the Elisabeth Haub School of Law at Pace University in 2017. While in law school, Mr. Pantina interned for the Hon. Bonnie J. Mizdol, Assignment Judge of the Superior Court of…

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Diane Englander Peyser
Attorney

About Diane Englander Peyser joined Deutsch Atkins, PC in September 2018 where she represents employees in wrongful termination, retaliation, harassment, and discrimination matters. Prior to joining Deutsch Atkins, PC, Diane represented clients in all aspects of employment law on behalf of employees involving unemployment appeals, claims of sexual harassment, LGBT discrimination, disability discrimination, FMLA, New…

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