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Divorce, Probate, Business Law- The Woodlands Kalish Law

(281) 363-3700
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You are here: Home / Legal Blog / Covid-19 Tip # 14: Have your Severance Package or Employment Contract Reviewed by a Texas Business Lawyer

Covid-19 Tip # 14: Have your Severance Package or Employment Contract Reviewed by a Texas Business Lawyer

April 23, 2020 By Kalish Law Office

Abra esta publicación para ver el enlace en espanol.

Covid-19 has hit the economy hard. It is affecting all of us in ways we would not have even imagined.

In Texas, particularly in Houston, our economy is heavily tied to the oil industry. It is likely that economic changes will continue to unfold even after the initial health threat has passed. The Houston energy companies will need to adapt to the new reality.

People have already experienced changes in their working environment, layoffs, furloughs, and termination of employment.

If you have an employment contract, and changes are put into effect by your employer, it is worth a review of your contract. If you are an independent contractor with a contract, the same goes for you. If your salary is going to be cut, or you are being terminated and have one of these contracts, you should know and understand your rights.

As an employee, you may also have a severance package offered to you. Now, as always, we advise that you have a severance package reviewed by a Texas business lawyer prior to agreeing to it.

Having an attorney review these documents for you protects your rights. It protects your family, and even helps the other party to the contract. This is advised even if you have a great relationship with your employer or supervisor. If terms in a contract are ambiguous, or crucial items are missing, this can lead to big problems. Even if both parties are honestly doing the best they can to deal with this situation, and are acting in good faith, there are ways that a business lawyer can help you.

First of all, it is not uncommon to see employment contracts or severance packages drafted by someone who is not a lawyer. This happens more often than you would think. It is also common to see employers use the same contract over and over for different employees and situations. Using a template is not always bad. But the contract should have been reviewed to make sure that it fit the particular situation, and that any changes in law or procedure were included. If this did not happen, legal assistance may be needed to interpret the current situation.

With Covid-19 happening, there is one additional question that will be important in reviewing contracts. That is, are the parties still able to do what they promised to do? And if not, is it legally excusable? That is the type of legal interpretation that can be difficult, and even lawyers and courts may be struggling to define. In your own situation, you just want to be sure you understand what you are agreeing to, that it is fair to you, and that you can implement a plan that best serves you and your family to survive financially going forward.

If you have questions about your employment contract, severance contract or independent contractor agreement, give us a call.

To help in the time of need, through May, 2020, we are offering a free 20 minute telephone or video consult with one of our business attorneys. We can answer your questions and tell you your options for going forward.

Contact us. Ask to schedule a free business consult before May 31, 2020.

“Passionate, Professional and Personal. We Make the Difference.” Kalish Law Office has been serving businesses and families since 1984.

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Filed Under: Legal Blog Tagged With: Bob Kalish, business contracts, business law, business lawyers, contracts, covid 19, covid19 tips, energy industry, furlough, Houston, independent contractor, Kalish Law Office, layoff, oil industry, recession, severance package, spring tx, Texas employment law, the woodlands tx

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The Woodlands, TX 77380

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Kalish Law Texas

3 Grogan's Park Dr.
Ste. 200
The Woodlands, Texas 77380
Phone: 281-363-3700

Se habla español

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Serving Clients in the Following Areas:
The Woodlands, Spring, Conroe, Houston, Montgomery County, Harris County, Walker County and surrounding areas

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  • Practice Areas
    ▼
    • Family Law
    • Divorce
    • Divorcio
    • Adoption: International and Domestic
    • Collaborative Divorce
    • Wills, Estate Planning and Probate Law
    • Business Law
    • Legal Services for Health Care Professionals
    • Real Estate Law
    • Criminal Law
  • Mediation
  • Our Team
    ▼
    • Bob Kalish
    • Sio Ramirez Pitre
    • Laura Kalish
    • Samantha Malfitano
  • Legal Blog
  • Contact Us