What Is a Severance Package? And Why You May Need Legal Help
A severance package refers to compensation and other benefits that are offered to an employee when they are laid off by a company. Many severance agreements include pay and continued medical benefits for a set amount of time to ease the hardships associated with losing a job.
Not all severance agreements are fair to you, and could hamper your long-term career goals. Some companies may even weaponize the terms of your severance agreement against you, which is why it's crucial to consult a Dallas severance attorney if you have any questions.
Common Components of a Severance Package What Texas Workers Can Expect
- Additional pay based on years of service to the company
- Payout of any unused paid time off (PTO) during employment
- Continuation of health insurance coverage for a specified amount of time
- Retirement plans or 401K benefits
- Non-compete clause
- Non-disclosure agreement (NDA)
- Non-solicitation agreement
- Release of claims
Skillful Negotiation of Severance Pay Dallas-Fort Worth Attorney Dan A. Atkerson Will Look Out for Your Best Interests
Speak with a Severance Lawyer Today Discuss Your Situation with a Trusted Dallas Employment Lawyer
Attorney Dan A. Atkerson has fought for the rights of Texas workers since the 1980s. He can review your severance agreement, negotiate a better severance package, and ensure your employer sticks to the terms of the deal. In addition, Mr. Atkerson can determine if the proposed severance is a smokescreen for retaliatory termination due to sexual harassment claims or other protected activities.
To set up a consultation and discuss your situation, contact our employment law firm in Allen, TX.
(214) 383-3606
Fighting for Workers in Dallas-Fort Worth Severance and Other Employment Law Services from a Trusted Employment Lawyer
Dan is heaven sent and like no other professional I’ve met. He provided free guidance on the next step that I should take prior to it turning into a real case. I deeply appreciate him and will be hiring his services if it comes to that. Thank you Mr. Atkerson!!
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Dan is definitely one of kind of attorney ! Extremely talented, and absolutely a type of lawyer that you can definitely trust. Thank you Dan for your support even though you already knew that you would not be profiting of my case, you continued providing me guidance , several advices, solutions and definitely eased my mind. Thank you Dan, you were very instrumental on my case!
View on GoogleMeet Attorney Dan A. Atkerson Fighting for Working Texans in Employment Law Disputes Since 1984
Verdicts & Settlements Major Wins Secured for Texas Workers
Over the last four decades, Mr. Atkerson has helped workers throughout Dallas-Fort Worth with severance package disputes, sexual harassment complaints, and other conflicts with employers. These are just a few of the verdicts and settlements he's secured for the working people of Texas.
- $165,000 – Breach of a severance agreement by an employer
- $150,000 – Wrongful termination of a manager for objecting to unlawful activities
- $86,000 – Wrongful termination of an employee for making workplace safety complaints
- $67,000 – Wrongful termination of an older employee while they were on FMLA leave
- $60,000 – Wrongful termination of an employee with cancer who requested to work from home
Contact Dan A. Atkerson Today
Discuss Your Severance Agreement Issues with a Proven Lawyer Serving Dallas
If you need a Dallas lawyer to review your severance agreement and make sure you are getting the best deal possible, you should speak with Dan A. Atkerson. He can catch red flags in the severance offer, negotiate for better severance, and look out for long-term career goals and future financial needs.
To set up a case review and discuss your situation, contact his law firm in Allen, TX.
(214) 383-3606
Hear From a Former Client In Praise of Our Trusted Lawyer Serving Dallas-Fort Worth Workers
“Dan provided an exceptional experience. His transparency, efficiency, proactiveness, honesty, and extensive knowledge were truly commendable. The professionalism and confidence he exhibited in his work spoke volumes. Dan was dedicated to completing the job, and he delivered. Dan—working with you was a pleasure. If I could, I'd give 10 stars. THANK YOU!” Courtney Manning
Why You Should Hire a Severance Lawyer The Advantages of Having a Dallas Employment Attorney in Your Corner
- A severance attorney can ensure the legitimacy and legality of your severance package.
- A severance attorney can ensure your compensation is sufficient.
- A severance attorney can prevent hurdles to future job opportunities.
- A severance attorney can find out if a company's severance policies are consistent.
- A severance attorney can ensure you maximize your severance pay.
- A severance attorney can help seek a continuation of benefits.
- A severance attorney will get oral agreements or handshake deals in writing.
Reviewing a Severance Agreement
A company will provide an initial severance package that an employee can review for up to 21 days. During this period, you can negotiate the terms of the severance package, which could include seeking stock options or additional compensation based on your time with the business.
As your severance lawyer, Dan A. Atkerson can review the terms of the severance package as well as your initial employment contract. He can leverage your years with the company and your contributions during that time to get a more favorable package.
Even though there is an hourly fee for a severance review, it could lead to a much better payout, extension of insurance coverage following termination, and other benefits to pad your landing as you look for another job.
Negotiating a Severance Package
Many employees feel caught on their back foot when negotiating for better severance pay. They may not have the energy or knowledge to negotiate from a place of strength, especially when they have to focus on the realities of unemployment and searching for a new job.
As with severance reviews, Dan A. Atkerson will refer to the language of the severance package as well as the stipulations in your initial employment contract. Closely reading all documents and noting your contributions as an employee could lead to a better overall deal.
Mr. Atkerson has negotiated legal settlements and severance agreements with Texas-based businesses and Fortune 500 companies. He knows how to evaluate offers and provide sound counsel within tight deadlines.
Breach of a Severance Agreement
A severance agreement is a contract. If your employer violates the terms of your severance agreement, you may be able to pursue legal action.
Breach of Contract by the Former Employer
When a former employer refuses to carry out the terms of a severance package, you may have your medical benefits cut or fall short on the agreed compensation. A severance lawyer can hold your company accountable for their breach of this agreement.
Breach of Contract by a Former Employee
If your former employer accuses you of breaching a severance agreement, you'll need an attorney on your side to objectively evaluate their claims. Mr. Atkerson can serve as your point of contact with your former employer and provide guidance through this process.
Get the Help You Need for Your Severance Request a Consultation at the Law Offices of Dan A. Atkerson
Disputes over severance can be complicated, and employers often have the edge in negotiations. Hiring a Dallas severance lawyer can help even the odds and make sure you make the right choices given your circumstances. The Law Offices of Dan A. Atkerson can negotiate directly with your employer and serve as a strong advocate for you.
If you're based in the Dallas-Fort Worth and need to speak with a severance lawyer, contact our law office in Allen, TX.
(214) 383-3606
Professionalism and Compassion More Reviews for a Seasoned Employment Lawyer Serving Dallas-Fort Worth
Mr. DAN IS AWESOME...He got me my settlement done within 3 months. He is very professional and keeps you up to date on everything that is going on with your case. THANKS DAN.
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I would recommend Mr.Atkerson to anyone who is looking for an employment lawyer. I talked to him over the phone regarding an issue I had and he sent prompt responses via e-mail. I’m very satisfied with the result I got and will not forget his compassion throughout the entire process!
View on GoogleSeverance Package FAQ
Am I entitled to severance if I'm laid off in Texas?
No, not by state law. You are only entitled to severance pay by your employer if it is mentioned in your employment contract or part of the company's own written policies.
I feel like I'm being fired as an act of retaliation—should I still accept a severance package?
No, but it's important to speak with a lawyer first. Some employers may use severance as a way to silence whistleblowers or to cover up an act of wrongful termination. If you reported sexual harassment, work discrimination, or illegal company activities, we encourage you to contact our law firm to discuss a wrongful termination lawsuit.
Can severance packages include a non-disparagement clause?
No. In 2023, the National Labor Relations Board (NLRB) held that non-disparagement agreements and confidentiality clauses in severance packages violate a worker's right to engage in protected concerted activities. Protected concerted activities refers to actions employees take to improve their working conditions.
Can I still pursue legal action against my old job if I agreed to a severance package?
Unless your former employer has breached the severance agreement, you may not be able to take legal action against the company. This is why release of claims stipulations are included as part of severance. You may also be able to take action if you revoke your severance agreement within the 7-day window.
Another Client Shares Her Story Dallas-Fort Worth Workers Have a Strong Advocate in Dan A. Atkerson
"Dan was professional and efficient. He responded to my many questions in a timely manner and advised me well. We were able to mediate my settlement for the exact amount I desired. I would definitely use Dan again." Emily Carlton