Document background
A Standard Release of Claims is commonly used when parties wish to resolve potential or existing disputes and create legal certainty. This document is particularly valuable in employment separations, settlement agreements, or after accidents or injuries. The release must be carefully drafted to comply with U.S. federal and state laws, including specific requirements for different types of claims. It typically includes detailed information about the parties involved, the claims being released, the consideration being provided, and any exceptions to the release. Special attention must be paid to statutory requirements, particularly when dealing with age discrimination claims or other protected rights.
