Every case that I've ever dealt with has the compensation based on the time of service. It depends on the employer, but generally it will be a month for every year of service (as an example) or something similar to that.
I'm not a lawyer and certainly not trying to dissuade you from using one (I have some excellent friends who are lawyers!), but you have to remember that any gains through them come with a cost (from a purely financial point of view).
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