How Do I Politely Decline a Job Offer I Accepted via Email for a Better Opportunity?

Dear Experts,

I would like to seek advice. I received a job offer from a company and accepted it through email without signing any documents. However, even before receiving this offer, there was another position with a different employer that was put on hold. Since I had interviewed for that position earlier, they are now considering offering it to me. The compensation package and the brand reputation are similar, if not better, compared to the first offer.

Now, I find myself in a situation where I need to inform the first company that I am unable to join them. I understand this may be disappointing for them, but I believe I may not get another opportunity like the one with the second company, which I consider to be a dream workplace. Could you please advise me on how to communicate this effectively? Also, could there be any legal implications or challenges arising from this decision?

Thank you.

I don't think there are any serious legal issues involved in retracting and informing HR in a letter expressing your inability to proceed with the accepted offer. The letter should be written using pleasing and convincing language, while also including an apology for any disappointment caused. It might be beneficial to have an initial conversation with them followed by the letter. It's important to remember that once you withdraw your acceptance, you may not be able to apply for any position within the same company in the future.