9. Should an attorney review my severance agreement?
Absolutely.
In a severance agreement, you will give up, or modify, some of your rights. Before you do, be sure you know what those rights are. Only an attorney has the training and experience to advise you on contractual rights that you may have because of an employment agreement, a stock option plan or a bonus program. Only an attorney can advise you whether an employer has violated your civil rights or discrimination, whistle-blower, wrongful discharge, wage or workplace safety laws that protect you.
Only an attorney can advise you whether the severance agreement you have received is drawn according to applicable local, state and federal laws, to be sure that you receive all of the notices and benefits those laws require.
Your fellow executive, the HR guy next door, and Uncle Jim who went to law school for a year, may look over your severance agreement and give you some ideas. The reality, however, is that the best, most reliable and most complete advice will come from an experienced executive law attorney.
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