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Hiring the right people is one of the biggest challenges your business will face. It takes time and there are no shortcuts. But when you find the perfect candidate, agree on salary and shake hands - it’s time to flesh out the details in an employment contract.
A good employment contract works for both parties. It sets out the key terms, deals with day-to-day employment issues, and balances the rights and responsibilities of your employee with the necessary rules to protect your business. And because the stakes are high for both parties, getting the right advice from the start is vital.
We know that getting the best advice at the right price is hard. So at Lexoo, we’ll get you multiple quotes from hand-picked employment lawyers so you can compare their expertise, price and experience to help you make the right decision. We only send your enquiry to the most relevant lawyers - those with expert knowledge in employment law. All our employment solicitors are pre-screened, insured and regulated, so you can be confident you’re working with a true professional. And best of all, the service is free.
“We’d never used a lawyer before for our business and didn’t really know where to start (knew that a High Street firm wouldn’t give us the quality we needed but didn't know how to get round that). Lexoo solved all our problems. They got me 4 quotes from some pretty impressive lawyers, which nonetheless were cheap against what I was expecting! I chose one of them and she has been amazing. I really recommend Lexoo.”- Simon
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Although prices can vary greatly, we’ve seen hundreds of enquiries for employment contracts come through Lexoo. The fixed-fee quotes we’ve typically seen range between £500 to £1,000 for more straightforward employment arrangements.
For more complex arrangements with equity incentives and other contingencies that require more detailed advice, quotes have typically ranged from £1,250 to £3,000.
Or, if you already have employment contracts in place, you can get a fixed fee Employment Contract Health Check for only £345 - you can check out the offer details here.
Submitting an enquiry through Lexoo is easy. Just give us the main details, for example:
We are an Italian startup and we are opening an office in London soon. We will be hiring two junior managers and will be expanding the team in the future. For now we need someone to draw up two employment contracts according to English law.
We would like a standard employment contract that will provide for protecting the company's IP as well as have a non-compete and any other provisions we may need.
Due to their junior positions, it will probably be a simple template that just needs a bit of work to customise it. We are looking to replicate the basis of this contract for future full time employees, as well as contractors that we may employ on a temporary basis.
(This is a fictional, but the typical type of enquiry we’ve been able to help with)
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A contract of employment is the agreement between your company and your employee, detailing each of your rights and responsibilities and how you manage the day-to-day relationship.
The agreement typically starts on day one of the job (make sure your contract makes this clear) and both parties remain bound until it terminates for any reason. For example, if the relationship ends or a new contract is agreed. You will almost certainly want to include certain clauses which will apply even after their employment has ended - more on this below.
Whether you need your existing employment contracts reviewed or new contracts drafted from scratch, you’ll want specialist employment solicitors on board. Not only is the legislation complex, but it’s one of the most frequently changing areas of law.
To cover your bases, here are some of the things your employment contracts should include:
For employment contracts lasting a month or more, keep in mind the law requires you to give employees a ‘written statement of employment particulars’. It can be a separate document, but most solicitors tend to include these particulars (some are mentioned above) in your employment contract.
Each team member plays an important role in the future growth of your business. Having a set of tailored, well-structured and up to date employment contracts in place will give you a solid foundation and protect your business when things don’t go to plan. To make sure you’re getting the best advice for the right price, Lexoo gives you multiple fixed fee proposals from panel of specialist employment solicitors within 48 hours, for free - give us a try!
Alternatively, if you're looking for answers to frequently asked questions on employment law, find out more here.
Looking for help with your Shareholders Agreement? Read more here.
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