Compromise Agreement

Most Compromise Agreements are signed by solicitors, although Barristers can sign them and some union employees and advice centre employees. Occasionally the question arises as to whether a Legal Executive can sign a Compromise Agreement.

The short answer is yes as long as they are a fellow of the Institute of Legal Executives practicing in a solicitor’s practice and the other requirements for a valid Compromise Agreement are satisfied (in writing, adviser’s firm holds appropriate professional indemnity insurance etc.).