Employee Severance Agreements: Latest Guidance for Employment Counsel
1 p.m. - 2:30 p.m.
This CLE webinar will prepare employment counsel to craft enforceable severance agreements. The panel will examine the 2009 EEOC guidance and current case law impacting employee severance and offer best practices for negotiating release and pay provisions.
As the economy continues to suffer, layoffs of corporate executives and managers remain steady. Employers seek to protect themselves from future lawsuits by offering severance agreements to departing employees in exchange for a release and agreement not to sue the corporation.
Recent EEOC guidance and court decisions addressing the enforceability of severance agreements require employers to re-examine their practices regarding severance packages. Poorly crafted contracts can expose an employer to claims it originally sought to avoid.
Listen as our panel of employment law attorneys examines the recent EEOC guidance and current case law trends impacting employee severance agreements and offers best practices for employers' counsel to develop enforceable release and pay provisions.
The panel will review these and other key questions:
- How has the EEOC's July 2009 guidance on discrimination waivers in employee severance agreements impacted how severance packages are negotiated?
- What are the lessons of key federal appeals courts' decisions on the enforceability of employee releases involving waiver of federal employment law and civil rights claims?
- What are the best practices to develop and negotiate enforceable severance agreements?
Harriet E. Cooperman, Partner, Saul Ewing
James F. Glunt, Shareholder, Buchanan Ingersoll & Rooney
Ian D. Meklinsky, Partner, Fox Rothschild LLP