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Advice on a settlement agreement typically costs around £350 plus VAT, with common fees averaging £500 plus VAT. Employers usually cover these costs, provided the employee signs the settlement agreement. In some cases, fees can be higher, such as £2,000 plus VAT for senior executives. It's rare for employees to pay their own fees, as this situation is an exception and often part of negotiation discussions where legal fees can be increased if necessary.