How to Negotiate a Severance Agreement That Protects You
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Episode Summary: In this episode of False Claims, Real Consequences, host Lisa Mosbey is joined by Stephen Teller, a seasoned employment and whistleblower attorney, to delve into the intricacies of severance agreements. Stephen explains the critical considerations before signing such agreements, emphasizing the importance of understanding the value of the offer and potential legal claims. He discusses common clauses like non-disparagement and waiver of claims, and highlights the impact of Washington's Silenced No More Act on enforceability. Stephen also addresses the negotiation potential for non-executives and the importance of legal review, especially for workers over 40. This episode is essential for anyone facing a severance agreement, offering practical advice to ensure fair treatment and protect legal rights.
Key Timestamps: 00:01 – Introduction 00:22 – Importance of Severance Agreements 00:39 – Understanding Legal Waivers 01:19 – Company Motives Behind Severance Offers 02:00 – Evaluating the Fair Value of Offers 02:41 – Common Contractual Traps 04:07 – Washington's Silenced No More Act 06:00 – Rights Given Up in Severance Agreements 06:46 – Negotiating Severance for Non-Executives 09:12 – Legal Review for Workers Over 40 10:51 – Post-Severance Considerations 12:01 – Final Paycheck and Cobra Rights 12:34 – Refusing or Feeling Pressured to Sign 13:02 – Preparing for a Legal Consultation 14:19 – Importance of Legal Review
About the Show: False Claims, Real Consequences is a podcast dedicated to exploring the complexities of employment law and whistleblower cases. Hosted by experienced attorney Stephen Teller, the show provides valuable insights for professionals navigating job transitions, retaliation claims, and severance negotiations. With a focus on ethics and clarity, each episode breaks down legal concepts and offers practical advice to empower listeners in protecting their rights and careers.
For more information, visit our website: www.stellerlaw.com