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Fiona from Martin Solicitors explains key aspects of settlement agreements, formerly known as compromise agreements. While the change was largely a rebranding, it brings benefits for employees, including clearer guidelines. The ACAS Code of Practice stipulates that employees should have a reasonable time—specifically 10 days—to consider a settlement offer. This allows individuals to seek legal advice and make an informed decision without pressure. While employers have the right to engage in protected conversations, there are limitations outlined in the ACAS Code.