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

The time it takes to settle a trucking crash case varies from case to case. There are many variables that can affect the timeline of settlement.

It can take an extended time 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 of a lawsuit against an 18-wheeler depends on a variety of factors, including liability and damages. If the participants in the crash are unable to reach an agreement on who is at fault, it could delay the process. If there are disagreements over the credibility of witnesses or evidence of witnesses, this can delay the proceedings.

Based on the severity of the injuries, as well as the size 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 remember that plaintiff lawyers are paid on a contingency basis, which means they don't receive compensation unless they win or reach a settlement in a case.

Because of the severe and often fatal injuries that result from semi-truck accidents, it's not surprising that these cases are a huge business for the lawyers who represent them. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking company has been deemed negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. A lot of these truck accidents result in serious injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. A reputable 18-wheeler accident lawyer can negotiate with large insurance companies to secure the best settlement for their clients.

In a case involving an 18-wheeler, the defendants may be held responsible for economic and noneconomic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering and emotional distress, disfigurement and a diminished quality of life.

Plaintiff attorneys who litigate Clearfield 18 Wheeler Accident Attorney wheeler cases work on a contingency fee basis, which means that they don't get paid until they prevail and agree to an agreement for their client. They have to pay court costs and also hire experts, specialists, travel and other expenses associated with winning the case.

Damages

18 wheeler accidents can cause serious injuries, particularly when they're high-speed accidents. Due to the size and weight of these trucks, the impact of an accident can be more severe than a normal motor vehicle crash. This means that damages can be more severe as well.

In addition to the property and medical damage that can result from the crash of an 18 wheeler victims may also be eligible for compensation for accidents their lost earnings and the pain caused by the loss of a loved one. If you have experienced losses from a semi truck accident, a personal injury lawyer will help you determine all of the compensation you may be entitled to receive.

The cost of litigation can be high. Attorneys representing plaintiffs have to pay for travel, depositions, 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 called post-settlement advances, lawsuit loans or settlement cash advances. These are an excellent option for those injured and need to cover their expenses while waiting for their settlement.

Timeline

There are many factors that affect the time required to settle an accident case which involves the truck. The most important factor is the severity of your injuries. It is crucial to wait until you've reached your maximum level of medical improvement before you settle. This is due to the fact that you may be eligible to claim future losses such as lost wages or diminished quality of life, and your attorney will need evidence to support these claims.

A dispute between two parties over the amount of liability or damages can delay the settlement process. This is often the case when there are multiple insurance companies involved or when the parties are arguing over who is responsible for the accident.

A reputable lawyer for truck accidents will help you determine if the insurance company is providing you with a fair amount to settle your case and whether or it will pay for all of your current and future losses. If the insurance company is not willing to compromise, you may need to file a lawsuit, which can lengthen the duration of the case. In some instances it could take longer than a year to resolve.

Settlement

There are a few factors that could cause the longest time to settle a 18-wheeler lawsuit. The severity of the injuries and insurance considerations are two elements that could affect the timeframe. It may also take a while for your doctor to submit documentation of permanent impairments that could affect your future losses. It is vital to not settle your claim for an accident in a hurry, as it may leave you without the money you'll need to cover your full range of damages.

Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a contingent fee basis and are not paid unless they prevail or reach an agreement. This means they've to pay for their own money to cover the costs of court, travel, and expert witness costs all during the course of this case.

As you are able to imagine, this can add up quite a bit. Many 18 wheeler accident attorney wheeler plaintiff attorneys make use of post settlement advances (also known as lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket so that they can get the money they are owed sooner.