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

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

It can take several months to determine who is accountable for an accident. A lawyer can assist in identifying all parties responsible and help maximize the settlement.

What to Expect

The time frame for settlement of an 18 wheeler accident lawyers-wheeler lawsuit depends on many factors, including the possibility of liability and 18 wheeler accidents damages. The case could be delayed if the parties to the collision cannot agree on fault. If there is disagreement about the evidence or testimony of witnesses, this could delay the case.

Settlement amounts can vary greatly in proportion to the severity of injuries, the insurance policy of the trucking firm and the federal or state regulations that govern commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means that they do not get paid until they are successful in a case or agree to a settlement.

Because of the severe and often fatal injuries that can result from semi-truck accidents, it's not a surprise that these cases are huge business for lawyers who represent them. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking firm has been found to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these accidents cause severe injuries and even death. The majority of insurance companies lowball the victims of these accidents with settlement offers that do not reflect the full extent of their injuries and the damages. However, a skilled attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these huge insurance companies in order to obtain their clients the most lucrative settlements.

In a lawsuit brought against an 18-wheeler, the defendants may be held responsible for economic and noneconomic damages. The economic damages can be medical bills, lost wages, and future earnings. Non-economic damages may include emotional distress, disfigurement and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingent basis. This means that they won't receive compensation until their case is won and they reach a settlement with their client. In the meantime, they have to pay court costs, attend depositions, hire experts and other specialists, travel and pay for any other expenses related to winning the case.

Damages

18 wheeler accidents can result in serious injuries, especially when they're high-speed crashes. Due to the weight and size of these trucks, the impact may be even more severe than a typical motor vehicle accident. This means that the damages could be more severe as well.

In addition to the medical and property damages that result from an 18-wheeler collision victims could also be entitled to compensation for the loss of earnings and grief due to the loss of loved ones. If you have experienced losses in a semi truck accident, a personal injury attorney can help you determine all of the compensation that you could be entitled receive.

It's not a secret that litigation can be expensive. Plaintiff attorneys need to pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay court costs, which is why they must get their clients' funds as quickly as possible. There are many ways for plaintiffs to get their money sooner after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to pay costs while waiting for their settlement.

Timeline

There are many factors that affect the amount of time it takes to settle a case with the truck. One major factor is the severity of your injuries. It is best to wait until your medical condition has improved to the maximum before you settle. This is because you might be eligible to claim future losses such as lost wages or a diminished quality of life. Your attorney will need evidence to support these claims.

A dispute between the parties about the liability or damages could prolong the settlement process. This can occur when there are several insurance companies involved or if the parties are arguing about who is responsible for the incident.

A qualified truck accident lawyer can assist you in determining if the insurance company is offering an appropriate amount to settle your case and whether or the insurance company will pay for all of your future and current losses. If the insurance company isn't willing to compromise, you may have to file a lawsuit which could extend the time frame of the case. In certain situations it could take at least a year to settle the case.

Settlement

There are a variety of factors that can significantly lengthen the timeline it takes for an 18-wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance implications. It could also take time for your doctor's records to reveal permanent impairments that could affect the future loss you suffer. It is not advisable to settle a claim arising from an accident too quickly as it may result in you not having enough money to cover all damage.

Attorneys representing plaintiffs who litigate in 18-wheeler collisions are paid on a basis of contingency fees and do not get paid unless they win or negotiate a settlement. They are responsible for court costs along with travel and expert witness fees during the course of a case.

As you can imagine, this can add up to quite a large amount. Many 18 wheeler plaintiff attorneys use post settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket to be able to collect the money they're owed sooner.