Virginia Severance Pay Lawyers
Easy 4-Step Process
Call us or fill out a contact form.
Our office will schedule a date and time for the meeting (either in person, Zoom or by phone). All meetings can be scheduled within 24 hours.
Our severance package lawyer will conduct a thorough review of the agreement before discussing it carefully with you and answering your questions.
Our attorneys will send you a detailed email regarding any changes, revisions, or other items that need addressing with your previous employer. You will then have the option to negotiate with your employer directly on your behalf to retain us to negotiate for you to try to improve the terms and amount of severance pay.
Severance Packages in Virginia
If your job has recently been terminated, your employer may have presented you with a severance agreement. In Virginia, this agreement typically includes severance pay that may involve a lump sum or payment installations, which are determined at the employer’s discretion.
It is important to note that employers do not usually provide severance agreements in order to help their employees. Rather, employers offer severance packages for their own benefit, to protect themselves from the future possibility of litigation. This is why it is important to review everything before you sign.
Because employers provide severance packages to protect themselves, you should consult with an experienced attorney to ensure you are receiving the most gain for your cooperation. Our Virginia Severance Lawyers will review your agreement and work to negotiate the best terms for you. This can include asking for more severance pay, added benefits such as health insurance, or negotiating for a different last day.
We can also translate the legal ramifications of the document you’re being asked to sign so that you don’t make any unnecessary concessions. For example, some companies may ask that you agree to a non-compete clause. This may prevent you from working a job for a certain amount of time, using your knowledge with a competitor, or working within a certain geographic area. Our labor lawyers in Virginia can help negotiate the removal of clauses that don’t benefit you.
Review My Severance Agreement
Your Rights in Virginia
While your company is not legally obligated to offer you a severance agreement or severance pay in Virginia, if they do present you with an agreement, you have the right to negotiate. Not only can our lawyers advise you on what to say, but we can also eliminate the potential fear you have of speaking to your former employer. If we are conducting severance negotiations on your behalf, we can handle all communications with the company, so you don’t have to.
Some severance agreements can be confusing and offer you little benefit. You don’t have to settle for a “standard” agreement and a low amount of severance pay in Virginia. You deserve all that you are entitled to, and we will review and negotiate your agreement to protect your rights. Don’t feel pressured to sign, and call us to improve your agreement terms.
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Who We Are
At Severance Lawyers, we have more than a decade of experience in negotiating with former employers on behalf of employees. We are a network of award-winning attorneys in all 50 states, meaning we know what’s legal for your employers to ask and what rights you have to respond. When you reach out, we’ll reply within 24 hours. Our Virginia labor lawyers will carefully review your agreement and allow you to fairly and effectively protect your own interests.
Schedule a consultation by calling (800) 466-5015.
Client reviews
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- Al W.
This law firm helped me achieve the results that I needed. Would recommend Paul to anyone that feels as though they have been wronged and need legal guidance and assistance.
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- Wendy G.
My experience with Severance Lawyers was excellent. They gave my case all the time and attention that was needed to be successful. They were a calming and confident presence during a difficult and uncertain time for me. Their guidance was outstanding at all times, prompt, professional, timely and open for calls and quick updates. They invested the time to work through all of my questions and issues. I can’t thank them enough and would hire them again.
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- Michelle M.
Tom and his staff understand the law very well. They are quick to return calls, take the initiative, and explain things in a way I can understand. From start to finish Tom was there to help me out every step of the way with our case. I am glad to have Tom and his team on my side. I simply cannot thank them enough!
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- Tucker W.
I found myself in a challenging & stressful situation that required legal representation and their attorney Paul Castronovo handled it beyond my expectations. Paul is incredibly experienced/knowledgeable and I just felt like I was in good hands the entire time. Paul has a calming demeanor too–which is helpful in these stressful situations. Paul helped turn my lemons into lemonade.
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- Sweta M.
Tom McKinney’s prompt attention, articulate and comprehensive advice addressed my Employment Agreement related issue. His confidence shined through instilling the confidence in me and peace of mind having him by my side. If you’re dealing with the proverbial ‘blood sucking’ company, look no further than Tom’s voice of reason.
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- Austin S.
Going to Tom and his team for my case was the best decision I made. He was professional and knowledgeable in employment law. He helped me reach a resolution and I could not recommend him enough for anyone else out there.
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- Sean C.
Tom McKinney is one of the best attorneys that I know…whether to negotiate on your behalf or reviewing your agreement to make sure you are getting maximum value for your compensation. From stock options to deferred compensation. I have referred him to friends in NJ and NY.
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- Joe K.
I had Tom review my severance agreement. He provided a lot of valuable insight. I was able to go back to my employer with various points and double my package. Tom was prudent in having me use his services (told me to go back to my employer before fully engaging him) and I did not overpay when not needed. Other lawyers could have easily taken advantage of my situation and over-lawyered the situation.
Have Questions?
We Have Answers!
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How long do I have to sign the severance documents?
When companies terminate employees and provide a severance package, the goal of the severance is to benefit both the company and the employee. Therefore, the employee has time to review the agreement. Review timelines depend on employee age and the number of people terminated simultaneously.
- Employees under the age of 40 – No set time frame, but it must be reasonable and ample enough to review and understand the components.
- Employees over the age of 40 – 21 days to review and sign and 7 days to reconsider and revoke your signature.
- Multiple terminations at once – 45 days to review and sign and 7 days to reconsider and revoke your signature.
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How is severance pay calculated?
Several factors go into severance pay amounts. Employees in higher management positions may receive additional benefits like longer pay terms, office equipment, or medical benefits.
Typical payouts can last up to 26 weeks and go by the following calculations:
- Hourly Employees: Number of years with company X 1 week of regular pay = Severance Pay $ Total
- Salaried Employees: Number of years with company X 2 weeks of regular pay = Severance Pay $ Total
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Am I entitled to severance pay?
No, most companies provide a severance agreement when they lay off or fire an employee. Offering a severance package is entirely optional for the company. Most companies only do it to protect themselves from future lawsuits, the employee going to a competitor company, or adverse claims from the employee. The company takes multiple factors into account when preparing the packages.
