Severance benefit claims arise in many different contexts. In some cases, employers have general severance packages in place, these plans may even be covered by the Employee Retirement Income Security Act (ERISA). In other cases, severance benefits are negotiated when the worker joins a company or leaves a company. In either circumstance, it is imperative that employees are able to access full and fair severance benefits.
At Bartolic Law, our Chicago severance benefits lawyers understand how important a fair severance package is to our clients. We handle both ERISA and non-ERISA severance benefits cases. To learn more about what our legal team can do for you, please do not hesitate to reach out to our Chicago law office for a free, no-obligation initial consultation.
When considering severance benefits, one of the most important things that employees need to keep in mind is that both sides are receiving something that they want as part of this type of agreement. Employers do not pay out severance benefits merely to make workers happy. Quite the contrary, companies are also getting a benefit in the agreement. This is because most severance agreements require workers to give up certain rights. Specifically, workers are commonly asked to:
In some cases, severance agreements may even include a non-compete clause. The bottom line: Chicago area workers need to be sure that they are getting fair value in their severance packages. It is highly recommended that you have your severance agreement reviewed by a qualified Chicago attorney.
No matter the specific circumstances of your case, our Chicago severance benefits lawyers are prepared to fight aggressively for your best financial interests. Whether your employer is trying to deny you severance pay or you are currently negotiating the specific terms of a severance package, we will protect your rights. Severance agreements are notoriously complex. Navigating the negotiation and review process can be challenging. Our Chicago ERISA lawyers are uniquely positioned to offer the best legal representation in these cases.
At the Law Offices of Michael Bartolic, our Illinois severance benefits attorneys are standing by, ready to help you protect your financial interests. Whether you need guidance drafting, reviewing, negotiating, or litigating a severance agreement, we can help. For a fully confidential review of your case, please give our Chicago law office a call today at (312) 635-1600.