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Settlement Agreement (Commercial Dispute)

US$499

The Problem

You need to document a contractual settlement agreement. 

Related challenges include: 

  • layperson’s attempt to document settlement are rarely complete
  • documenting settlement arrangements typically happen at speed
  • you know that acting in haste and lead to repenting at lesiure 
  • you don’t want to inadvertently miss anything
  • you know a quality document is crucial to deal efficiency 
  • precedents are available online, but they are of dubious quality and aren’t tailored to your needs 
  • you only have limited budget for external support  
  • it is the first time you have done this type of deal 

Wouldn’t it be good if you could access a high-quality settlement agreement template that can guide you through common settlement considerations?

The GLS Solution

Our Settlement Agreement template is calibrated to help you safely and effectively document the resolution of your dispute with your counterparty in a cost-effective manner.  

Like any legal arrangement, ensuring that both parties clearly understand their respective rights and obligations is key to a successful dispute resolution. 

Our Settlement Agreement is designed by world-class lawyers to be comprehensive, easy to understand and easy to use. 

This template covers issues such as: each party’s respective obligations to settle the dispute, rights waived, settlement conditions, confidentiality, warranties, costs & expenses and the settlement itself. 

The clarity and simplicity of our Settlement Agreement will drastically reduce negotiation time and enhance contract performance.  

Bonus Inclusion: This GLS solution is more than just a template - it also includes a 30 minute consult with a legal expert

Better, faster, safer, cheaper! 

GLS – Law Rewritten

Solution Deliverables

Guided Interview:An easy to follow online interview to get all info needed, quickly and efficiently - including tips and explanations.

Speedy

Delivery:

Total Support Plan subscribers will receive their completed document instantly.
*Pay per use customers will receive their documents within 12hrs of ordering, though typically within 45min.
World Class Templates:World class templates, created by world class lawyers with decades of experience at the world’s best law firms.
My Account:Copies of your documents will be saved in your own work space (see "My Account / My Docs" above).
Expert Consultation:A 30 minute consultation with an in-house legal expert to address any issues related to your document solution.
Discount Rate:As a user of this Document Solution you are entitled to a 10% discount on any engagement you enter with GLS Law Firm.
Constant Updates:All our templates are regularly updated to track emerging market practices.
Harmonized Library:Every GLS template is drafted so that it is harmonized with each and every other GLS template - same defined terms, clause ordering, boilerplate provisions, look n feel, plain English - meaning that every template you buy will belong to a standard document library set.

Solution SLA Options and US$ Pricing

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DELIVERABLESBasic
GLS Call Option Agreement
30 minute consult*
*qualifying templates only
Price (excl. VAT)$499

Pricing Comparison

What could you law firm deliver to you for US$499? Well, see below.

Big Law ReviewUS RateGLS CostMinutes
Partner$850$4990h 35m
Senior Associate$640$4990h 47m
Blended Rate$520$4990h 58m
Associate$480$4991h 00m
Junior Associate$420$4991h 08m

GLS RPLV Legal Operations Score

This solution’s GLS RPLV impact score:

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Resource Status: Specialist Repeater Formative
Ease of Implementation: Complex Average Easy
Value Demonstration/Visibility: Low Medium High
Productivity Leverage Profile: Low Medium High
IHL Line Optimisation: Single Multiple All Lines

IHL Critical Function Optimisation Targets

This solution enhances performance across the following critical in-house functions:

In-House Legal: Critical Functions / Processes

General Counsel

Contracting

Managed Service

Performance

Disputes

GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.

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Legal Resource Stack

My Resources

Managed Legal Services

Knowledge Centre

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GLS Group

News/Press Release

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Legal Tech Demo

Discovery Call