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

The time required to settle a trucking accident situation can differ from case to case. The length of time for settlement may be affected by many factors.

It could take an extended time to determine who is responsible for an accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The time frame for settling of an 18-wheeler lawsuit depends on many factors, including the liability and damages. The case can be delayed if the parties to the collision are not able to reach an agreement on who is responsible. Furthermore, if there is any disagreements regarding evidence or witness testimony the process could take longer time to resolve these issues.

Settlement amounts vary dependent on the severity of injuries and 18 wheeler accident the insurance policy of the trucking firm, and the existing state or federal regulations that govern commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means that they are not paid until they have won a case, or reached a settlement.

It's not too surprising that semi-truck accidents are a huge business for attorneys. Settlements often amount to millions of dollars in these cases. This is especially true when the trucking company has been considered to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these accidents cause serious injuries or even death. Insurance companies often undervalue the injuries and damages of victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies to get their clients the most lucrative settlements.

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

Plaintiff attorneys who handle 18 wheeler accident attorneys wheeler cases are paid on a contingency basis, which means they don't get paid until they are successful and can negotiate an agreement with their client. They must pay court fees and hire experts, as well as other specialists, travel and other costs associated with winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly in high-speed collisions. Due to the weight and size of these trucks, the impact may be more severe than a normal motor vehicle accident. The damages could also be greater.

In addition to the medical and property damages that can result from a collision with an 18-wheeler, victims may also be entitled to compensation for lost wages and grief caused by the loss of loved ones. If you've suffered losses as a result of a semi-truck accident, a personal injury lawyer can help you determine all of the compensation that you may be entitled to receive.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs need to pay for depositions, travel, expert witnesses, and court costs. They must receive the money of their clients as fast as possible. There are a variety of ways that plaintiffs can receive their funds more quickly after a settlement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are a variety of factors that influence the time it takes to settle a truck crash case. One of the major factors is the severity of your injuries. It is crucial to wait until you have reached the point of maximum medical improvement before settling. This is because you might be entitled to claim future losses such as lost wages and a decreased quality of life. In addition, your attorney will require evidence to support these claims.

Another factor that can lengthen the settlement process is a dispute between parties regarding liability or damages. This is often the case when there multiple insurance companies involved or the parties are arguing over the who was responsible for the accident.

A qualified attorney for truck accidents can assist you in determining whether the insurance company will offer you an acceptable amount and if it will cover your current and future damages. If the insurance company is not willing to negotiate, you could need to file a suit which could extend the time frame of the case. In some instances the case may take more than a year to settle.

Settlement

There are a variety of factors that can dramatically extend the time it takes for an 18 wheeler accident attorneys-wheeler lawsuit to settle. The severity of the injuries and insurance considerations are two of the factors which can influence the length of time. It may also take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. It is not advisable to settle an accident claim too quickly as it may result in you not having enough money to cover all damage.

Plaintiff attorneys who take on 18-wheeler collisions are paid on a contingency basis and do not get paid until they prevail or reach an agreement. This means they've to invest their own money to pay for court costs, travel, and expert witness fees all during the course of the case.

As you can imagine this could add up to a amount. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as settlement cash advances) to pay for the legal costs they incur out of pocket in order to receive the money they are owed sooner.