Is a settlement agreement legally binding?
Once properly signed, a settlement agreement is a legally binding document. For it to be valid, you must receive independent legal advice from a qualified adviser, such as a solicitor, before signing.
Should I sign a settlement agreement?
Whether you should sign the agreement depends on your individual circumstances, how much is being offered and whether you have a claim to bring against your employer. A settlement agreement can provide financial security and certainty, but it may also involve giving up important legal rights. [...]