New Jersey Severance Attorney

How to hire a qualified New Jersey severance attorney. Understanding severance agreements in New Jersey. Do you have a severance agreement or package in New Jersey and are looking for a New Jersey severance lawyer? An experienced New Jersey attorney can assist you with your severance agreement or severance package. A qualified severance attorney will have reviewed and negotiated hundreds of … [Read more...]

New Jersey Severance Agreement Attorney | Castronovo & McKinney

Are you in search of a New Jersey severance agreement attorney? Our attorneys can assist you in dealing with the difficulty of receiving a severance agreement and having your job terminated. There may be several things contained in your severance agreement that you may want to have reviewed, revised or modified. For example, oftentimes severance agreements will contain non competes, … [Read more...]

Waivers in NJ Severance Agreements | NJ Severance Lawyers

All NJ severance agreements contain waivers of any claims that an employee may bring against the company.  A waiver is the main purpose for the employer to provide the severance agreement so it can guarantee that an employee cannot later file an expensive lawsuit against the company. However, not all severance waivers are valid.  In order for the waiver to be valid it must be a knowing and … [Read more...]

Bank of America Settles with Whistleblower for $14.5 Million

A former home appraiser, Kyle Lagow, will receive $14.5 million to settle his whistleblower lawsuit that accused mortgage lender Countrywide Financial (now owned by Bank of America) of inflating appraisals on government-insured mortgages.  The lawsuit triggered an investigation that resulted in a $1 billion settlement between Bank of America and the Justice Department over allegations of mortgage … [Read more...]

Hewlett Packard (HP) Severance Packages

Hewlett Packard (HP) announced today that it plans to sever 8% of its workforce. 27,000 employees will lose their jobs as part of the reduction in force. These employees may be offered severance pursuant to HP's severance policy. If you have been offered an HP Severance Package and have any questions, please contact our employment lawyers for a free consultation. … [Read more...]

Wall Street Severance Agreements and Severance Packages

Were you offered a severance agreement from a Wall Street firm? Wall Street Severance Packages are typically different in that the company is required to disclose certain information in the Form U-5 regarding the termination. The severance payouts usually provide 2 weeks for each yea of service, offer outplacement services and may reinforce any non-compete, non-solicitation agreement previously … [Read more...]

NJ Severance Pay Laws | New Jersey Severance Lawyers

New Jersey Severance Pay is different for every company.  We have reviewed hundreds of severance agreements and a typical severance agreement offers Severance Pay between one and two weeks for each year of service.  New Jersey Severance Pay in the past did not usually contain a cap or ceiling regarding the amount of severance pay that an employee could receive.  We have noticed a growing trend … [Read more...]

Yahoo Severance Agreement Review | Severance from Yahoo

Please contact our Severance Lawyers if you have been offered a Yahoo Severance Agreement or severance package from Yahoo. We will review the Yahoo severance agreement and inform you of what the language means, the impact it will have on you, your duties after signing the Yahoo severance package, and will inform you of the items that were not included in the severance package from Yahoo.  We offer … [Read more...]

Trump Severance Package – Attorney Review

Have you been offered a severance package or agreement from Trump? If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement. Please contact us for a free consultation regarding your severance package. We have handled hundreds of severance agreements on behalf of employees in New Jersey. We can explain in detail the terms of your … [Read more...]

Pathmark Severance Package – New Jersey Severance Attorney Review

Have you been offered a severance package or agreement from Pathmark?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement. Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in detail the terms of your … [Read more...]

Johnson & Johnson Severance Package – New Jersey Severance Attorney Review

Have you been offered a severance package or agreement from Johnson & Johnson (J&J)?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement. Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in … [Read more...]

United Airlines Severance Package – Attorney Review

Have you been offered a severance package or agreement from United Airlines?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in detail the terms … [Read more...]

UPS Severance Agreement | New Jersey Severance Lawyers

Have you been offered a severance package or agreement from UPS?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement. Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in detail the terms of your … [Read more...]

Continental Severance Package – Attorney Review

Have you been offered a severance package or agreement from Continental Airlines?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in detail the … [Read more...]

Harrah’s Severance Agreement

Have you been offered a severance package or agreement from Harrah's?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in detail the terms of your … [Read more...]

Verizon Severance Packages

Have you been offered a severance package or agreement from Verizon?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey.  We can explain in detail the terms of your … [Read more...]

Atlantic Health Severance Package

Have you been offered a severance package or agreement from Atlantic Health?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package. … [Read more...]

Goldman Sachs Severance Package

Have you been offered a severance package or agreement from Goldman Sachs?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey. … [Read more...]

Colgate Severance Package

Have you been offered a severance package or agreement from Colgate?  If so, our employment attorneys can assist you with the review and negotiation of the terms of your severance agreement.  Please contact us for a free consultation regarding your severance package.  We have handled hundreds of severance agreements on behalf of employees in New Jersey. … [Read more...]

NJ Change In Control Agreements – NY Change-In-Control Severance Agreements

Executives may be provided with Change In Control Agreements when another company acquires the executive's company.  The purpose of Change in Control Agreements is to provide some assurance to executives that they will be compensated in the event that their position is eliminated or they are assigned to a position that has significantly different responsibilities.  Companies use Change In Control … [Read more...]

Why Do I Have to Wait 21 or 45 Days to Accept My Severance Agreement?

Your employer must provide you with 21 (or 45) days to accept the agreement and 7 days to revoke the agreement after signing in order for there to be a valid waiver of your potential claim for age discrimination. This is required pursuant to the Older Workers Benefits Protection Act and is designed to prevent employers from forcing employees to make immediate decisions regarding waiving their … [Read more...]

Is There A Law In New Jersey Requiring Severance Pay?

No.  New Jersey does not have a law requiring employers to provide employees with severance pay upon the termination of their employment.  Severance is only required if it is promised (either in writing or verbally) by the employer.  An employer may offer an employee severance pay as part of a termination package.  However, absent any agreement or promise in a handbook or policy, the employer is … [Read more...]

Two Things You Must Do In Signing a Severance Package

If you are fired, your employer might offer you a severance package.  But they are not doing it just to be kind.  They're willing to give you a few weeks or months' pay in exchange for a promise from you: a legally binding agreement not to sue.  This is called a release.  Before signing a release, the law allows you to do two simple but very important things.  First, take a few days or a week to … [Read more...]

Tips for Severance Agreements

Tips regarding Severance Offered the Day of Your Termination Employers sometimes offer severance packages to the employee during a termination meeting. Most employer's allow the employee to take the severance agreement home to review and let the termination settle in before the employee makes a decision regarding severance.  However, some employers request that the employee sign the severance … [Read more...]