Executive Severance Negotiations: Why Hiring an Attorney is Essential

 If you’re an executive facing possible termination or have already been let go, negotiating a fair severance package can be crucial for your financial future. The executive severance attorneys at Mansell Law have successfully increased severance payouts by millions of dollars, ensuring executives like you receive the benefits they deserve.

What is a Severance Package?

A severance package typically includes a combination of financial compensation and benefits, such as COBRA coverage or outplacement services. In return, you may be asked to waive your rights to pursue legal action against the company or agree to non-disparagement clauses. Consulting with an attorney before signing anything is vital to ensure you’re getting a fair deal.

Are Employers Required to Offer Severance Packages in Ohio?

No, employers in Ohio are not legally obligated to provide a severance package upon termination. However, if you’ve entered into an employment agreement that guarantees severance, your employer may be contractually bound to provide one. Even if no agreement exists, negotiating with the help of an experienced attorney can lead to better outcomes.

How Much Severance Can I Expect?

There is no standard amount for severance packages. Factors influencing severance pay include the company’s size, your tenure, position, and the circumstances surrounding your termination. By working with an attorney, you can ensure that the severance package offered reflects your situation fairly.

Why You Should Hire an Executive Severance Attorney

Negotiating severance packages without legal representation can put you at a significant disadvantage. Here’s how Mansell Law can help you:

  1. Comprehensive Review: We’ll examine your severance package and assess all the circumstances surrounding your termination to ensure a fair outcome.
  2. Leverage: Our attorneys will identify any legal leverage you may have to maximize your severance offer.
  3. Communication: We handle all communications with your former employer, advocating for your best interests every step of the way.
  4. Maximization of Benefits: By hiring our experienced team, you’re more likely to achieve a favorable outcome that maximizes your severance offer.

Even if you haven’t been offered a severance, consulting with Mansell Law’s executive severance attorneys can determine whether you have grounds to request or negotiate for one. We’re dedicated to advocating for executives throughout Columbus, Ohio, and ensuring that you leave your company with the compensation you deserve.

Contact Mansell Law Today

Don’t face severance negotiations alone. Mansell Law’s expert team is ready to help you secure the best possible outcome.

#ExecutiveSeverance #SeveranceNegotiations #EmploymentLaw #OhioEmploymentAttorney #SeverancePackage #MansellLaw #ColumbusOhio #COBRA #OutplacementServices #LegalLeverage #EmploymentTermination

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