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

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

For instance, it could take time to establish who is liable for the accident. A lawyer can assist in identifying all parties responsible and help maximize the settlement.

What to Expect

The time frame for settlement of a lawsuit against an 18-wheeler depends on many factors, including liability and damages. The case may be delayed if the parties to the collision are not able to agree on the cause of the accident. If there are any disagreements about the evidence or witness testimony, it may take more time to resolve these issues.

Settlement amounts can vary greatly in proportion to the severity of injuries and the insurance policy of the trucking company and the laws and regulations of the federal or state that regulate commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means that they don't get paid until they are successful in a case or agree to a settlement.

It's not too surprising that semi-truck accidents are a huge business for attorneys. Therefore, it's not uncommon to see settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking company has been declared to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. A lot of these accidents result in serious injuries and even death. Insurance companies often undervalue the injuries and damages of the victims in these accidents. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to ensure that they offer their clients the highest settlements.

The defendants in a lawsuit against an 18-wheeler could be held responsible for various types of damages, including non-economic and economic damages. Economic damages may include medical bills, 18 Wheeler accident attorney lost wages or future earnings. Non-economic losses include suffering and pain as well as emotional distress, disfigurement and diminished quality of living.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until their case is resolved and they reach a settlement with their client. They must pay court costs as well as hire experts, other specialists, travel, 18 Wheeler Accident Attorney and other costs associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed crashes. The impact of an 18-wheeler crash is more severe because of its size and weight. This means that the damages could be more severe as well.

In addition to the physical and medical damage that can result from the crash of an 18 wheeler victims can also receive compensation for their lost wages as well as the grief caused by the loss of loved ones. If you have experienced losses as a result of a semi-truck accident, a personal injury lawyer can help you determine the amount of the compensation you may be entitled to receive.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for depositions, travel, expert witnesses and court costs. They must receive the money of their clients as quickly as possible. There are ways that plaintiffs can receive their money quicker after the settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for those who have suffered injuries and need to cover their expenses while waiting for their settlement.

Timeline

There are many factors that affect the amount of time required to settle an accident case involving the truck. One major factor is the severity of your injuries. You should wait until your medical condition has improved to its maximum before making a decision on settlement. This is due to the fact that you may be able to claim future losses such as lost wages and a decreased quality of life, and your attorney will require evidence to prove these claims.

A dispute between the parties regarding the amount of liability or damages can delay the settlement process. This can often happen when there multiple insurance companies involved or if the parties are disputing the who was responsible for the accident.

An experienced truck accident lawyer can assist you in determining whether the insurance company provides you with a fair amount and if it will pay for future and current damages. If the insurance company refuses to negotiate, it might be necessary to file a lawsuit, which could extend the time frame for the case. In some instances, it could take a year or more to resolve the case.

Settlement

There are many things that can drastically alter the timeline it takes for an 18-wheeler lawsuit to reach a settlement. The severity of the injuries as well as insurance considerations are two elements that can impact the timeline. It could take some time for your doctor's report to demonstrate permanent impairments, which could impact the future loss you suffer. It is not advisable to settle an accident claim too quickly, as it could leave you with no money to cover the full amount of damages.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents work on contingency fees. They aren't paid until they prevail or reach an agreement. This means that they've had to put aside their own money to cover court costs, travel and expert witness fees all throughout this case.

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