Recently, the firm addressed in one of its publications the update of the judicial deposit values made available by the Superior Labor Court (TST), which will come into effect in August as of August 1, 2024.

To ensure the correct filing of the appeal and subsequent knowledge and judgment of the appeal, it is essential that lawyers and parties are aware of the correct amounts to be collected, which can often represent a considerable financial burden.

However, many companies choose to use an efficient and safe alternative: surety bonds.

Surety bonds are a viable and safe alternative to guarantee legal obligations before the labor courts. Many companies end up choosing to use them either as a financial strategy or due to possible financial difficulties.

The fact is that the understanding is currently consolidated by the Courts regarding the acceptance of this type of judicial guarantee, which also provides support in law.

Law No. 13,467/2017, also known as labor reform, amended the CLT to expressly allow the replacement of the appeal deposit with a bank guarantee or judicial surety insurance.

In view of this, it has become possible for companies to present an insurance policy issued by a reputable insurer as a guarantee of payment of court deposits, thus aiming to reduce possible financial impacts, in addition to granting greater flexibility in legal obligations.

For the surety bond to be accepted, some requirements are necessary, including: it must be issued by a reputable insurer, the insured value must be the amount of the debt or the corresponding value of the relevant resource plus 30%, registration with SUSEP, term of validity of the insurance, etc.

The surety bond represents a significant evolution in Labor Justice, in order to provide companies with an efficient and safe alternative to fulfill their legal obligations and at the same time with less cost.