Severance Packages

Employment Lawyers Negotiating Severance Packages

In a mobile employment environment, it is important for employees to understand (even from the beginning of a new position) what the terms for severance will be in the event of termination. Mergers and acquisitions, downsizing, and layoffs often result in early departure from a company, university or health care facility. Executives, government employees and secretaries alike may experience the disruption of a career when high-level decisions threaten their livelihood. Therefore, sound employment contracts address the issue of severance packages before initial hiring occurs.

The assistance of an experienced employment lawyer can help prevent any uncertainty regarding severance packages. The attorneys at the Houston, Texas employment law firm Shellist Lazarz, LLP invite both employers and employees to contact us for knowledgeable advice on severance packages.

Understanding your Rights with regard to Severance Packages

The adage “forewarned is forearmed” speaks to the importance of knowing one’s rights before something as disruptive as job termination happens. Whether you are about to begin a new job and need advice before signing hiring documents that spell out severance package terms . . . or whether you have suddenly learned that your company is being sold, and you are being asked to sign a severance agreement . . . understanding your rights with regard to severance packages can mean the difference between security and a total career disaster. A reasonable severance package allows an employee time for career options exploration and job hunting. On the other hand, an unreasonable severance package can stain a company’s reputation and result in personal chaos for a terminated executive, manager or sales representative.

When you are facing the decision to accept a severance package agreement, we will investigate your rights with regard to health care, disability coverage, COBRA, and ERISA claims that may arise from your mid-career loss of employment. We are prepared to give you quick, relevant advice when you are under time pressure to accept or decline a severance package agreement. On the other hand, we will represent you in the event of a severance package agreement that you have already signed.

When you contact the Houston, Texas employment law firm of Shellist Lazarz, LLP to schedule an initial consultation on your severance package, we will ask that you bring all relevant documents to that first meeting. Each client’s situation and time frame is different when it comes to their need for legal assistance regarding severance package agreements. Therefore, we tailor our attorneys’ fees in this area to the needs of the individual. We counsel and represent clients concerning severance package agreements throughout Texas and across the nation.

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