Severance Agreement Attorney Serving New York, NY
Severance agreements in New York are voluntary contracts between employers and departing employees. There is no statutory right to severance pay in New York, which means the terms of these agreements are entirely negotiable. Employers offer severance in exchange for a release of legal claims, and the initial package rarely reflects the maximum the employer is willing to provide.
Agarunov Law Firm negotiates and reviews severance agreements for clients throughout New York. We analyze separation terms, negotiate improved compensation and benefits, modify restrictive covenants, and ensure departing employees understand their rights before signing any release of claims.
Our office at 30 Broad Street is accessible via subway, commuter rail, and PATH to our Financial District office at 30 Broad Street. Schedule a free consultation to discuss your severance agreement.
Severance Agreement Services in New York
Severance Package Review and Analysis
We review severance agreements for New York employees at all levels, evaluating separation pay, benefits, restrictive covenants, and release scope. Our analysis provides a clear picture of your options and a strategy for improving the terms.
Severance Negotiation
We negotiate improved severance terms for employees and executives throughout New York. Our negotiations address compensation, benefits, non-compete modifications, reference language, and all other material separation terms. We handle communications directly with your employer's legal counsel.
Release of Claims Analysis
We evaluate the legal claims you may be waiving and assess whether those claims create leverage for enhanced severance terms. Our analysis covers discrimination, retaliation, breach of contract, and wage claims under federal, state, and city law.
Non-Compete Modification in Severance
We negotiate to narrow or eliminate non-compete provisions in severance agreements. When an employee is being terminated, particularly without cause, the justification for maintaining restrictive covenants is weaker, and we leverage this in negotiations.
Executive Separation Agreements
We negotiate comprehensive separation packages for executives across New York, covering severance pay, equity treatment, deferred compensation, bonus entitlements, benefits continuation, D&O coverage, and transition assistance.
Severance Negotiation Considerations for New York Professionals
New York does not require employers to offer severance pay, which means every severance agreement is a voluntary negotiation. Employers offer severance to obtain a release of legal claims, which gives departing employees leverage to negotiate better terms. The strength of that leverage depends on factors including your tenure, position, potential legal claims, and the employer's motivation to finalize the separation.
Recent developments in New York employment law, including expanded protections against discrimination and retaliation, enhanced wage transparency requirements, and ongoing legislative activity around non-compete restrictions, have strengthened employees' positions in severance negotiations. An attorney who stays current on these developments can maximize the value of your severance package.
Why New York Clients Choose Agarunov Law Firm
Agarunov Law Firm negotiates severance agreements for New York employees and executives.
- Detailed review and analysis of all severance agreement terms
- Direct negotiation with employer counsel for improved terms
- Non-compete and restrictive covenant modification
- Accessible from New York via subway, commuter rail, and PATH to our Financial District office at 30 Broad Street
- Licensed in both New York and New Jersey
How Our Severance Review Process Works
- Step 1: Consultation. We review your severance agreement and discuss the circumstances of your separation. This consultation is free.
- Step 2: Analysis. We analyze all terms of the agreement, evaluate the adequacy of the compensation, identify potential legal claims, and assess negotiation leverage.
- Step 3: Negotiation. We negotiate directly with your employer or their counsel to improve the financial terms, modify restrictive covenants, and secure favorable separation conditions.
- Step 4: Finalization. We review the final agreement, explain all terms, and ensure you understand your rights and obligations before signing.
Need a Severance Agreement Lawyer in New York?
Schedule a free consultation to discuss your severance agreement.
Call (212) 920-5989Contact Us Online