Terminations

Severance agreements can be a valuable tool for employers. When drafted properly, they give employees financial support during a transition and provide employers with legal protections, usually in the form of a release of claims. But employers sometimes make costly mistakes when deciding how much severance to offer.

2020 brings a slew of new employment laws, some of which make significant changes to existing law, and others which make minor updates but which nonetheless require employers’ attention. Below is a roundup of the main legal changes and key takeaways.

A number of new laws took effect on January 1, 2019 which affect severance agreements and other settlement agreements entered into in California. Taken together, these new laws should prompt a thorough review of severance and other settlement agreements.