The statistics tell us that most employment law cases end in settlement. Unfortunately, there are a lot of misconceptions about settlement and the process to reach a settlement. In this episode, the basics of settlement will be covered. Specific points include:
When to Settle: When can parties to employment litigation settle and more importantly, when should they.
How to Settle: What are the various methods that the parties might use to reach a settlement.
Settlement v. Severance: While they are often confused, they arise in different circumstances.
The Older Workers Benefit Protection Act (OWBPA): This statute imposes specific, mandatory requirements on any waiver of age discrimination claims under federal law. Despite this, employers often fail to comply.
When Not to Settle: When you don’t want to - no joke, that’s a legitimate reason.
Comments or questions: Contact Mark Chumley at [email protected] or visit www.kmklaw.com
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