Contrary to popular belief, you probably do not have a right to severance pay. There is no law which mandates severance agreements, so unless you have an employment contract which explicitly provides for one, you have no legal right to severance pay. Nevertheless, our experienced attorneys can help with negotiating NY severance agreements.
We have over 15 years experience negotiating NY Severance Agreements on behalf of our clients
Nevertheless, companies sometimes offer severance pay packages to terminated employees. The company will require you to give up all of your rights in exchange for the severance package. In essence, the company wants to make sure that you leave without suing, and will pay you to do so.
Our firm has an over 90% success rate negotiating NY Severance Agreements for our clients.
Severance agreements ultimately come down to money. Some companies have firm policies against increasing severance pay offers, others may enhance the severance pay if you can show a strong legal claim. For example, if you have a strong discrimination case the company may increase the offer to avoid being sued. If you have been offered a NY severance package and believe that your termination was illegal (e.g. discriminatory), please contact us to help evaluate your potential claims.