Compensation on termination of agencies
Vero Consulting are experienced at helping commercial agents receive the compensation due to them when the agency ends or is terminated. We work with agents and their lawyers to ensure they maximise the compensation they are due. Our advice in this area is led by Charles Lazarevic.
When an agency ends or is terminated, an agent often has to ask the principal for compensation. We know how intimidating it can be to secure the compensation due when faced with a substantial and well-resourced principal. We are experienced in supporting agents and their legal teams through this challenging process.
We work with the agents and their legal teams to look at their options and help them receive all the compensation due to them. We assist with quantifying an agent’s compensation claim, preparing reports, assist during negotiations, mediations and by preparing to give expert evidence in court or at arbitrations.
My lawyers recommended me to approach Charles to help quantify the compensation due to me under the Commercial Agents Regulations 1993. I found him to be very knowledgeable about how compensation should be quantified and was very supportive throughout the negotiations and in reaching settlement.
His quiet confident manner assured me that I was in safe hands throughout!
I would have no hesitation in recommending his services.Jason D’Souza
Chelsea Harbour, London
Having worked with agents and principals to quantify the compensation due, we are able to advise on the issues confronting the parties. We use this experience to help secure settlement quickly and cost-effectively.
Charles Lazarevic is the author of the chapter on the compensation aspects of commercial agencies in Susan Singleton’s Commercial Agency Agreements: Law and Practice (5th Edition, 2020).
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