How Long Does It Take to Settle an 18 Wheeler Lawsuit?

The time required to settle a truck accident case varies from one to the next. The length of time for settlement may be affected by many factors.

For instance, it could take some time to determine who is accountable for the accident. A lawyer can help you determine the responsible parties and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors, including the possibility of liability and damages. If the participants in the crash are unable to come to an agreement regarding their respective faults, this could delay the process. Additionally, if there are any disputes over evidence or witness testimony, it may take more time to resolve these issues.

Depending on the extent of the injuries, the size of the insurance policy of the trucking company and the existing state or federal regulations that govern commercial vehicles, settlement amounts can vary widely. Remember that plaintiff attorneys are paid on the basis of a contingency. This means that they don't get paid until they succeed in winning a case or reach an agreement.

It's not too surprising that semi-truck accident cases are a huge business for lawyers. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking company is deemed negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries and even death. Often, insurance companies will lower the cost of victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to ensure that they offer their clients maximum settlements.

In a lawsuit involving an 18 wheeler accident lawsuit-wheeler, the defendants may be held accountable for non-economic and economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic losses include pain and suffering as well as emotional distress, disfigurement and a diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means they don't receive any money until they succeed in their case and negotiate a settlement for their client. In the meantime, they must pay for court costs, conduct depositions and hire experts, other experts, travel and pay for other expenses that are required to win a case.

Damages

18-wheeler accidents can result in serious injuries, especially if they occur at a high speed. Due to the weight and size of these trucks, the impact could be even more devastating than a typical motor vehicle accident. This means that the damage could be more extensive as well.

In addition to the medical and 18 wheeler accident attorney property damages that may result from a 18-wheeler crash, victims may be able to claim compensation for the loss of wages and grief that is caused by the loss of loved ones. A personal injury lawyer can assist you to determine the total amount you are entitled to if were a victim of an accident involving a semi truck.

It's no secret that litigation is expensive. Plaintiff attorneys must pay for depositions, travel expenses, expert witnesses, and court costs. They need the money of their clients as soon as possible. There are a variety of ways that plaintiffs can get their money quicker after settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for injured parties who need to pay for their expenses while waiting for their settlement.

Timeline

There are many factors that affect the the time it takes to settle an accident case that involves a truck. The most important factor is the severity of your injuries. It is important to wait until you've reached maximum medical improvement before making a decision on settlement. You could be eligible for future losses, including loss of wages or a lower standard of living. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties over the liability or damages could prolong the settlement process. This can often happen when there are several insurance companies involved or if the parties are arguing about who was responsible for the accident.

A qualified truck accident attorney can help you determine if the insurance company provides you with an adequate amount and 18 wheeler Accident Attorney whether it will be able to cover your future and current damages. If the insurance company isn't willing to negotiate, you might have to file a lawsuit that could prolong the duration of the case. In some instances, the case could take longer than a year to resolve.

Settlement

There are many factors which can significantly extend the time required for an 18-wheeler lawsuit to settle. The severity of the injuries and insurance considerations are two aspects that could affect the timeframe. It may also take some time for your doctor's records to show permanent impairments which could impact your future losses. You should never settle an injury claim too soon as this can leave you without a sufficient amount to cover the full amount of losses.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees. They aren't paid until they are successful or reach a settlement. This means that they've to invest their own money to pay for court costs, travel, and expert witness expenses during the this case.

As you can imagine this could add up to a lot. Many 18 wheeler accident attorneys wheeler plaintiff attorneys utilize post settlement advances (also called lawsuit loans or settlement cash advances) to pay for the legal costs they incur out of pocket to be able to collect the money they're owed sooner.