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

The time it takes to settle a trucking accident situation can differ from case to case. There are many factors that could affect the time frame of settlement.

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

What to Expect

The timeline for a settlement in a lawsuit against an 18-wheeler depends on a variety factors including the amount of the possibility of liability and damages. If the parties involved in the incident are unable to reach an agreement on who is at fault, it could delay the case. In addition, if there are any disagreements about witnesses' testimony or evidence, it may take more time to resolve these issues.

Based on the severity of the injuries, the scope of the trucking company's insurance policy and the existing state or federal regulations governing commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they win or reach a settlement in the case.

Because of the severe and 18 wheeler accident attorney often catastrophic injuries that can result from semi-truck accidents, it's not surprising that these cases are huge business for lawyers who represent them. Therefore, it's not common to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18 wheeler accident lawyer-wheelers. Many of these crashes result in serious injuries or death. Insurance companies often underestimate the injuries and damages of victims in these accidents. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies in order to obtain their clients the highest settlements.

The defendants in an 18 wheeler lawsuit could be held responsible for a variety of damages, such as economic and non-economic damages. Economic damages may include medical bills, wages lost and future earnings. Non-economic damages can include suffering and pain and emotional distress, disfigurement, and a diminished quality of life.

Plaintiff attorneys who handle 18 wheeler accident lawyers wheeler cases work on a contingency fee basis, meaning that they don't get paid until they win their case and reach 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 lead to serious injuries, particularly when they occur at high speeds. Due to the weight and size of these trucks, the impact of an accident can be more severe than a regular motor vehicle accident. This means that damages can be more severe as well.

In addition to medical and property damages that result from a 18-wheeler crash victims could also be entitled to compensation for the loss of wages and grief that is caused by the loss of loved ones. A personal injury lawyer can help determine the amount of compensation you are entitled to when you have suffered losses due to an accident involving a semi truck.

It's no secret that litigation is 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 they can. There are a variety of ways that plaintiffs can get their money sooner after settlement. These are called post-settlement advances, lawsuit loans, or settlement cash advances. They are a great option for injured parties to pay expenses while waiting on their settlement.

Timeline

There are a variety of factors that contribute to the time it takes to settle a truck crash case. The severity of your injuries is the primary factor. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. You may be able to claim future losses, including reduced wages or a decrease in the quality of life. Your attorney will need to provide evidence to back your claims.

Another reason that can delay the settlement process is a dispute between parties over the liability of damages or liability. This can happen when there are multiple insurance companies involved or the parties are disputing who was responsible for the accident.

An experienced truck accident lawyer will help you determine if the insurance company will offer you a fair amount and if it will cover future and present damages. If the insurance company is not willing to negotiate, you could need to file a lawsuit, which can lengthen the time frame of the case. In some cases, it could take at least a year to finish the case.

Settlement

There are a few elements which can cause an extended time to settle a lawsuit against an 18-wheeler. The severity of the injuries and insurance considerations are two factors that could affect the timeframe. It can also take time for your doctor to submit documentation of permanent impairments that could impact your future losses. It is vital to never settle your claim in a hurry, as it may leave you without the money you'll need to recuperate your entire range of damage.

Attorneys who represent plaintiffs in 18-wheeler accidents are compensated on a contingent fee basis and do not get paid unless they win or reach a settlement. They must pay for court costs along with travel and expert witness fees throughout the course of a case.

As you are able to imagine, this can add up quite a bit. A lot of plaintiff attorneys with 18 wheels make use of settlement cash advances or lawsuit loans to pay for their legal expenses out of pocket. This lets them receive the funds earlier.