Good Advice From New Jersey About Severance Agreements
A post by Frank Steinberg in the New Jersey Employment Law Blog provides some good advice about severance agreements (“More Terminations, More Severance Agreements”).
Although we do not practice in New Jersey, the advice is generally applicable in other jurisdictions.
I recommend the entire post and will not try to summarize it because a lot would be lost. As a highlight, however, I like the following point: if you are going to hire an attorney, do so from the start because employers will tend to be inflexible if an attorney is introduced into the middle of negotiations. I would add only: act quickly before your time to review the severance agreement is about to expire.
Image: George Washington Bridge from Wikipedia Commons.
