Idaho Severance Pay Lawyers
Lane V. Erickson | Severance Lawyer
Lane V. Erickson has advocated for his clients for over 17 years, in both the community and the courtroom. Lane’s practice also includes experience in employment law, business creation and planning, real estate transactions and foreclosure, and litigation. Throughout Idaho and Utah, Lane has appeared in state and Federal courts as well as numerous arbitrations and mediations. As a partner with the Racine Law Firm, Lane leads the knowledgeable Estate Planning Group in all areas of Estate Planning, Probate, Trusts, and Elder Law.
In the last decade, Lane has lectured with Sterling Education Services, Inc., and the National Business Institute, Inc., providing instruction to other attorneys on legal areas including employment law, estate planning, and landlord-tenant law. Lane also contributes his time and energy representing the Guardian Ad Litem for CASA (the Court Appointed Special Advocate) in protecting children that are subject to abuse or neglect. Additionally, Lane regularly attends national training exercises and seminars in the areas of his practice.
Lane has been highly involved in the Bar Examination Process and Procedures on both the local and national level. For over a decadeLane has served as the Chair of the Idaho State Bar, the Bar Exam Drafting Committee, on several other Committees concerning Idaho’s incorporation of the Uniform Bar Examination, and as a member of the Idaho State Bar Admissions Rules Committee. Lane was also selected to be a member of the National Special Committee on the Uniform Bar Examination through the National Conference of Bar Examiners, and has served for over 7 years.
How to Calculate Severance in Idaho
If you have been presented with a severance agreement from an Idaho employer, you may be confused about what they are asking you to sign. You should always review every Idaho severance agreement with an experienced Idaho employment attorney before you agree to it without requesting any changes. Our skilled Idaho severance lawyers have years of experience in severance agreements and will help review and negotiate your severance documents to protect your rights and ensure you receive the most benefit possible.
Easy 4-Step Process
Call us or fill out a contact form.
Our office will schedule a date and time for the meeting (either in person, Zoom or by phone). All meetings can be scheduled within 24 hours.
Our severance package lawyer will conduct a thorough review of the agreement before discussing it carefully with you and answering your questions.
Our attorneys will send you a detailed email regarding any changes, revisions, or other items that need addressing with your previous employer. You will then have the option to negotiate with your employer directly on your behalf to retain us to negotiate for you to try to improve the terms and amount of severance pay.
Idaho Severance Review & Negotiation
We have received several awards and accolades from our peers and have been included in several lists as some of the best employment lawyers. Since 2006, our lawyers have been included in the Super Lawyers List for Employment Law and Super Lawyers Rising Stars for Employment Law. We were named as an Employment Law Firm of the Year by Corporate Intl Magazine for 2010 and 2012, named AI Business Team Excellence Award for 2015 Employment Attorney of the Year in New Jersey and been included in the Top 40 under 40 Lawyers listing. Our Idaho attorneys experience and skill will allow you to understand your Idaho severance agreement completely and give you the peace of mind that you are receiving everything that you can in severance.
Our Idaho Severance Lawyers Serve the Following Communities Below:
- Ada County ID
- Canyon County ID
- Kootenai County ID
- Bonneville County ID
- Bannock County ID
- Twin Falls County ID
- Bingham County ID
- Bonner County ID
- Nez Perce County ID
- Madison County ID
- Latah County ID
- Elmore County ID
- Payette County ID
- Jefferson County ID
- Blaine County ID
- Cassia County ID
- Jerome County ID
- Minidoka County ID
- Gem County ID
- Idaho County ID
- Gooding County ID
- Shoshone County ID
- Franklin County ID
- Fremont County ID
- Owyhee County ID
- Boundary County ID
- Washington County ID
- Benewah County ID
- Valley County ID
- Teton County ID
- Clearwater County ID
- Lemhi County ID
- Boise County ID
- Power County ID
- Caribou County ID
- Bear Lake County ID
- Lincoln County ID
- Oneida County ID
- Custer County ID
- Adams County ID
- Lewis County ID
- Butte County ID
- Clark County ID
- Camas County ID
This law firm helped me achieve the results that I needed. Would recommend Paul to anyone that feels as though they have been wronged and need legal guidance and assistance.- Al W.
My experience with Severance Lawyers was excellent. They gave my case all the time and attention that was needed to be successful. They were a calming and confident presence during a difficult and uncertain time for me. Their guidance was outstanding at all times, prompt, professional, timely and open for calls and quick updates. They invested the time to work through all of my questions and issues. I can’t thank them enough and would hire them again.- Wendy G.
Tom and his staff understand the law very well. They are quick to return calls, take the initiative, and explain things in a way I can understand. From start to finish Tom was there to help me out every step of the way with our case. I am glad to have Tom and his team on my side. I simply cannot thank them enough!- Michelle M.
I found myself in a challenging & stressful situation that required legal representation and their attorney Paul Castronovo handled it beyond my expectations. Paul is incredibly experienced/knowledgeable and I just felt like I was in good hands the entire time. Paul has a calming demeanor too–which is helpful in these stressful situations. Paul helped turn my lemons into lemonade.- Tucker W.
Tom McKinney’s prompt attention, articulate and comprehensive advice addressed my Employment Agreement related issue. His confidence shined through instilling the confidence in me and peace of mind having him by my side. If you’re dealing with the proverbial ‘blood sucking’ company, look no further than Tom’s voice of reason.- Sweta M.
Going to Tom and his team for my case was the best decision I made. He was professional and knowledgeable in employment law. He helped me reach a resolution and I could not recommend him enough for anyone else out there.- Austin S.
Tom McKinney is one of the best attorneys that I know…whether to negotiate on your behalf or reviewing your agreement to make sure you are getting maximum value for your compensation. From stock options to deferred compensation. I have referred him to friends in NJ and NY.- Sean C.
I had Tom review my severance agreement. He provided a lot of valuable insight. I was able to go back to my employer with various points and double my package. Tom was prudent in having me use his services (told me to go back to my employer before fully engaging him) and I did not overpay when not needed. Other lawyers could have easily taken advantage of my situation and over-lawyered the situation.- Joe K.
We Have Answers!
How long do I have to sign the severance documents?
When companies terminate employees and provide a severance package, the goal of the severance is to benefit both the company and the employee. Therefore, the employee has time to review the agreement. Review timelines depend on employee age and the number of people terminated simultaneously.
- Employees under the age of 40 – No set time frame, but it must be reasonable and ample enough to review and understand the components.
- Employees over the age of 40 – 21 days to review and sign and 7 days to reconsider and revoke your signature.
- Multiple terminations at once – 45 days to review and sign and 7 days to reconsider and revoke your signature.
How is severance pay calculated?
Several factors go into severance pay amounts. Employees in higher management positions may receive additional benefits like longer pay terms, office equipment, or medical benefits.
Typical payouts can last up to 26 weeks and go by the following calculations:
- Hourly Employees: Number of years with company X 1 week of regular pay = Severance Pay $ Total
- Salaried Employees: Number of years with company X 2 weeks of regular pay = Severance Pay $ Total
Am I entitled to severance pay?
No, most companies provide a severance agreement when they lay off or fire an employee. Offering a severance package is entirely optional for the company. Most companies only do it to protect themselves from future lawsuits, the employee going to a competitor company, or adverse claims from the employee. The company takes multiple factors into account when preparing the packages.