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

The time required to settle a truck crash case varies from one to the next. The time frame for settlement could be affected by a number factors.

It could take several months to determine who is accountable for an accident. A lawyer can help you identify all the liable parties and maximize your settlement.

What to Expect

The time frame for settlement in a lawsuit against an 18-wheeler is dependent on many factors including the amount of liability and damages. The case could be delayed if the parties involved in the collision do not agree on the fault. If there is disagreement about the evidence or testimony of witnesses, this may also delay the case.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and any existing federal or state regulations governing commercial vehicles settlement amounts can be wildly different. Remember that plaintiff attorneys are paid on a contingency basis. This means they are not paid until they win a case or reach an agreement.

It's not surprising that semi-truck accidents are a huge business for lawyers. In this way, it's not uncommon for settlements in these cases to be millions of dollars or more. This is especially true when the trucking firm has been declared to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. A lot of these accidents result in serious injuries, or even death. Insurance companies often undervalue the injuries and damages of victims in these accidents. However, an experienced 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.

The defendants in an 18 wheeler lawsuit may be held liable for several types of damages including economic and non-economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement or 18 wheeler accident attorney diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, which means that they don't get paid until they succeed in their case and negotiate a settlement for their client. They are required to pay court costs and hire experts, as well as other specialists, travel and other expenses associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed crashes. Due to the weight and size of these trucks, the impact could be even more severe than a regular motor vehicle accident. The damage can be more severe.

In addition to the medical and property damages that may result from a 18-wheeler crash victims could be able to claim compensation for lost wages and the grief due to the loss of a loved. If you've suffered losses from a semi truck accident, a personal injury attorney can help you determine the amount of the compensation that you could be entitled receive.

It's not a secret that litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions, expert witnesses and court costs. They must receive the money of their clients as quickly as possible. There are a variety of ways for plaintiffs to get their money sooner after the settlement. These are known as post settlement advances, lawsuit loans, or settlement cash advances. They are a great choice for injured parties who need to pay for their expenses while they await their settlement.

Timeline

There are many factors that affect the amount of time required to settle a case which involves a truck. One of the major factors is the severity of your injuries. It is important to wait until you've reached maximum medical improvement before making a decision to settle. You may be able to claim future losses, for example, lost wages or 18 wheeler accident attorney diminished quality of life. Your attorney will need to provide evidence to support your claims.

A dispute between the parties about the amount of liability or damages can prolong the settlement process. This could happen when several insurance companies are involved or the parties do not agree on who was at fault.

A qualified truck accident lawyer will help you determine if the insurance company is offering you a fair amount for your case, and whether or not it will pay for all of your future and current losses. If the insurance company is not willing to compromise, you may need to file a suit which could extend the time frame of the case. In some instances it may take a year or more to solve the issue.

Settlement

There are a few elements that can cause some time to settle a lawsuit involving an 18-wheeler. The extent of the injuries and insurance considerations are two elements that can affect the timeline. It could take a bit of time for your doctor's documentation to show permanent impairments which could impact the future loss you suffer. It is vital to not settle your claim for an accident too early because it could leave you without the money you're entitled to for your entire range of damage.

Plaintiff attorneys who litigate 18 wheeler accident wheeler accidents are paid contingency fees. They don't get paid until they succeed in their case or negotiate an agreement. This means they have had to put aside their own money to pay for expenses for travel, court costs and expert witness expenses throughout the case.

As you could imagine, this can be quite costly. Many plaintiff attorneys who are 18-wheelers utilize settlement cash advances or lawsuit loans to offset the legal expenses they incur out of pocket. This lets them get the money sooner.