A Lawyer to Represent and Assist You in Employment Terminations and Severance Negotiations
Your Questions:
- How do I level the playing field?
- Can my lawyer handle all the negotiations and my need to deal with the company?
- Is using a lawyer affordable? I worry about hourly billing adding up too quickly
My Answers:
- Employers count on the fact that many executives are too intimidated to negotiate when they are terminated
- Sadly, many employers do not consider complains or requests unless the executive has hired an attorney
- Your lawyer can (and should) handle all future contact with your former employer
- There are fee arrangements that limit your legal fees and keep them in sync with what you are seeking to recover
My experience in addressing executive termination and severance issues:
- I served as General Counsel and Chief Legal Officer of two venture-backed technology companies
- I negotiated and drafted severance and separation agreements for the companies' benefit
- Since then, I have assisted numerous executives in negotiating severance and addressing employment termination issues
- Before entering tech, I spent a decade litigating the biggest cases on Wall Street. I do not shirk from confrontation when it is advisable
Issues executives should consider after being terminated:
- How long the company should continue to pay your salary
- What happens to your stock options, and have you lost vesting due to a "cliff" waiting-period
- What the company will say to your prospective new employers
- How the company will characterize your termination
- What will happen to your health and other employee benefits
- Issues relating to non-competition, trade secrets and return of documents
I meet more new, long-term clients through an initial job termination scenario than through any other outside source. Executives nowadays lose
their jobs about as frequently, as with as much certainty, as baseball managers. A termination is just a beginning, and good results for you now
means good business for me in the future.
Give me a call, initial consultations are always without obligation.