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New York Lawmakers Consider Reforms to Severance Agreements
FordHarrison
June 20, 2025 "Under the proposed law, employers must: [1] Notify employees of their right to consult an attorney about the severance agreement; [2] Provide employees with a 'consideration period' to review the agreement, not less than 21 calendar days; and [3] Provide a seven-day revocation period following execution of the agreement, which would become effective only after the revocation period has expired." MORE >> |
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