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Severance Agreement Lawyer in Rochester, NY

Need help with your severance agreement?

Severance agreements are essentially a waiver of all legal claims in exchange for compensation when terminating an employment relationship. As a legal and binding agreement, it is wise to be fully aware of the short and long term ramifications of such an agreement.

The Law Office of Kimberly A. Glennon routinely negotiates severance agreements for employees and will also advise you on any severance issues you may have. A severance agreement will usually include the following:

  • payment based on the length of service you had with the company
  • payment for unused sick days or vacation days
  • payment amount in lieu of a required notice period
  • extension of medical benefits
  • dental benefits or life insurance coverage
  • handling of your retirement benefits,
  • stock options
  • sometimes even assistance in finding a new position.

If you have any other employment claims, such as discrimination, unpaid wages, or other claims, the employer may offer additional sums to settle those claims without litigation.

Severance Packages: Your Rights

Typically, severance packages are offered to those employees who are laid off or are retiring. They may also be offered to those who are resigning or are being fired, depending on your employer's practices. The core feature of a severance agreement from an employer's viewpoint is to guarantee that an employee will forego or waive any right to sue their employer for wrongful dismissal or file for unemployment compensation.

In New York, recent laws affect your ability to file for unemployment benefits based on whether the employee has a severance agreement and the terms of the severance agreement.

Employees employed in executive or professional positions have additional concerns related to severance agreements, including non-compete and other restrictive covenants, as well as possible tax implications arising under Internal Revenue Code (IRC) 409A.

Contact Attorney Glennon to Discuss Your Case

Employing the advice and representation of a qualified and experienced employment law attorney when negotiating a severance package is the best way to ensure that you are receiving fair treatment and protection of your legal rights. Contact Attorney Glennon for any issues you may be facing in a severance situation.

She has the skill and expertise needed whether or not you work for a large multinational firm or a small to midsize employer. She is always standing by to receive your call and arrange an appointment that is confidential, and will be happy to answer any questions you may have during what can sometimes be a very emotional time. Get in touch with her firm by calling the office or submitting an online contact form.

Contact Information
Submitting the contact form and any response by us does not constitute the formation of an attorney-client relationship.
The Law Office of Kimberly A. Glennon - Rochester Employment Law
Located at 160 Linden Oaks Dr. Rochester, NY 14625. View Map
Phone: (585) 250-0126 | Local Phone: (585) 210-2150.

The Law Office of Kimberly A. Glennon is affiliated with The Glennon Law Firm, P.C.

Located at 160 Linden Oaks Dr. Rochester, NY 14625. View Map

Phone: (585) 250-0126 | Local Phone: (585) 210-2150.

Website: http://www.glennonlawfirm.com/

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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