Before Signing Your Severance Agreement

Consider the value of the release, your negotiation position, and the obligations that continue after employment ends.

Can I Negotiate My Employer’s First Offer?

Your employer’s first offer is a starting point for negotiation. Evaluate the package against the value of the release and potential exposure, including discrimination, retaliation, and wage claims. Build your negotiation position from the facts, agreements, and supporting documents.

What Am I Giving Up by Signing a Release?

A release identifies the claims you agree to waive against your employer in exchange for severance. Examine which claims are covered and the limits on what can be waived, including protections for reporting unlawful conduct and cooperating with regulators. Review the release alongside confidentiality, non-disparagement, and other ongoing obligations.

What About Non-Compete and Non-Solicitation Clauses?

Restrictive covenants can affect your next job even after severance is paid. Review the scope and reasonableness of non-compete and non-solicitation restrictions under New York law. Enforceability depends on the wording, circumstances, and applicable law.