Dallas Employment Trial Lawyer Ellie Johnston As Thanksgiving approaches, most people are thinking about carving turkeys, not careers. But for many workers in Texas, the end of the year brings a less welcome tradition: company “restructuring.” Each November, employers roll out layoffs, citing budget cuts, reorganizations, or “changing business needs.”…
Articles Posted in Severance
21 and 7: Magic Numbers for Employees Over the Age of 40
Dallas Employment Trail Lawyer Harjeen Zibari After signing a severance agreement, employees are understandably eager to be paid the funds they are owed. That’s why many employees are often frustrated to hear that they will not be paid immediately signing a severance. For workers over 40, there’s a very specific…
Don’t Move the Goalpost
As a young athlete, I remember the phrase, “Don’t move the goalpost.” The phrase is often used in sports to describe changing the criteria, or goal, while the game is still in progress. Outside of the sports arena, the phrase is commonly used as a metaphor when the goal is…
There’s Nothing Refreshing About “Liquidated Damages”
Increasingly, employers in Texas have been inserting what might be called “liquidated damages” clauses into employment agreements like non-competes or severance agreements. At a basic level, a liquidated damages clause is an agreement that a party to a contract will pay a specific amount if they breach some part of…
Settlement and Severance Agreements: My employer is giving me money in exchange for my soul
Perhaps you resigned or were terminated or laid-off. On the other hand, you may have sued your employer for discrimination or some other sort of unlawful action. Either way, one of those events caused your employer to offer you a settlement or severance agreement. In exchange for signing the agreement,…