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Is there a maximum settlement payout that I should expect?
There is no such thing as a “maximum” compensation payout ,but there are certain maximum awards that you can receive for some types of claim (for example, an unfair dismissal claim has a maximum compensatory award).
Employers are not obligated to use the maximum payments that you could receive for a payment as a ‘ceiling’, although they generally do (in our experience) use these maximum payment amounts as guidelines for determining what sums they should pay when negotiating settlement agreements with their employees.
There are no maximum compensation limits in certain types of claim, such as claims for discrimination or whistleblowing.
Our settlement agreement solicitors can discuss with you the appropriate level of compensation for your case.
Redmans Limited is a company registered in England and Wales with registration number 05872980, VAT GB893856068, and registered office Parkshot House, 5 Kew Road, Richmond, TW9 2PR. Settlement Agreement Lawyer is a firm of solicitors authorized and regulated by the Solicitors Regulation Authority (SRA number: 468098).