Executive Severance Negotiations: Why Hiring an Attorney is Essential

 If you’re an executive facing termination or have already been terminated, securing a fair severance package is crucial. The experienced executive severance attorneys at Mansell Law have successfully represented numerous executives, significantly increasing severance payouts by millions of dollars. Understanding the intricacies of severance negotiations can mean the difference between accepting a subpar offer and receiving a package that truly reflects your worth.

Executive Severance Negotiations

What is an Executive Severance Package?

An executive severance package generally consists of a set of documents offering you benefits — such as severance pay, COBRA coverage, or outplacement services — that you wouldn’t ordinarily receive. In return, you typically agree to waive your right to pursue legal claims against the company. The package may also include confidentiality and non-disparagement clauses, among others.

Are Employers in Ohio Required to Offer Severance Packages?

In Ohio, there is no legal requirement for employers to provide severance packages upon termination. However, if your employment contract includes provisions for severance pay, your employer may be contractually obligated to honor those terms. This makes it essential to understand the details of your employment agreement.

What is a Typical Severance Amount?

There is no one-size-fits-all answer to the amount of severance offered. Factors such as the size of the business, your length of employment, your position, and the circumstances surrounding your termination all play a role. Consulting with an attorney can help you determine whether the severance package offered is fair.

Why Hire an Executive Severance Attorney?

Mansell Law’s employment attorneys specialize in reviewing and negotiating executive severance packages. We start by thoroughly understanding your employment history and the circumstances of your termination. Our team will scrutinize the severance documents, provide expert advice, and handle all negotiations with your former employer.

Hiring an attorney sends a clear message to your employer: you are serious about securing the best possible outcome. Our lawyers are skilled in identifying legal leverage, which can significantly enhance your negotiation position. Without professional representation, you may miss opportunities to maximize your severance package.

Even if you haven’t been offered a severance package, it’s wise to consult with Mansell Law’s executive severance lawyers in Columbus, Ohio. We can help you determine whether you have grounds to request or negotiate for severance.

Contact Us Today

Don’t navigate severance negotiations alone. Contact Mansell Law to schedule a consultation and ensure you receive the severance you deserve.

#ExecutiveSeverance #EmploymentLaw #SeverancePackage #OhioLaw #MansellLaw #ExecutiveRights #LegalAdvice #SeveranceNegotiations #EmploymentAttorneys #ColumbusOhio

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