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

The amount of time required to settle a trucking crash case varies from case to case. There are a number of variables that can affect the speed of settlement.

For instance, it may take a while to determine who is accountable for the accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit is contingent on a variety of factors such as the amount of liability and damages. If the parties involved in the collision are unable to come to an agreement about fault, this can greatly delay the trial. If there is a dispute over the evidence or testimony of witnesses, this could delay the case.

Settlement amounts can differ greatly depending on the extent of injuries and the insurance policy of the trucking company and the state or federal regulations that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means that they do not get paid until they win a case or reach a settlement.

It's not surprising that semi-truck accidents are a major source of revenue for attorneys. In this way, it's not common for settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these crashes result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies in order to obtain their clients maximum settlements.

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

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, meaning that they don't receive any money until they prevail and agree to an agreement with their client. They have to pay court costs and hire experts, as well as other specialists, travel and other expenses that go along with winning the case.

Damages

18 wheeler accidents can result in serious injuries, particularly when they're high-speed accidents. The effects of an 18-wheeler collision can be more severe due to its size and weight. This means that the damages could be greater as well.

In addition to the property and medical damage that could result from an holland 18 wheeler accident lawyer wheeler crash victims can also claim compensation for lost wages as well as the grief caused by the loss of loved ones. If you've suffered loss as a result of a semi truck accident an attorney for personal injury can help you determine all of the compensation you are entitled to receive.

It's no secret that litigation is expensive. Attorneys representing plaintiffs must pay for things like travel, take depositions, hire experts to testify, and pay for court costs, so they require their clients' funds as quickly as they can. There are many ways that plaintiffs can receive their money quicker after settlement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties to cover expenses while waiting on their settlement.

Timeline

There are a variety of factors that influence how long it takes to settle a truck accident case. The severity of your injuries is a significant factor. It is best to wait until your condition has improved to its maximum before making a decision on settlement. You could be eligible to claim future losses, like loss of wages or a lower standard of life. Your attorney will need to prove your claims.

A dispute between two parties over the liability of either party can delay the settlement process. This can often happen when there are multiple insurance companies involved or if the parties are arguing about the who was responsible for the incident.

A qualified truck accident attorney can assist you in determining whether the insurance company will offer you an adequate amount and whether it will pay for future and current damages. If the insurance company isn't willing to negotiate, you could need to file a lawsuit and this can extend the duration of the lawsuit. In some instances, the case could take more than a full year to resolve.

Settlement

There are a few things which can cause an extended time to settle a lawsuit against an 18-wheeler. The degree of the injuries and insurance considerations are two aspects that could affect the timeframe. It could also take time for your doctor's documentation to demonstrate permanent impairments, which could affect the future loss you suffer. It is vital to never settle your accident claim too early, as it could result in you not receiving the funds you need to recover for the full range of losses.

Plaintiff attorneys who handle 18 wheeler accidents are paid contingency fees. They don't get paid until they prevail or reach an agreement. This means that they've to pay for their own money to cover court costs, travel and expert witness expenses during the course of this case.

As you can imagine this could add up to a large amount. Many 18 wheeler accident-wheeler plaintiff attorneys employ settlement cash advances, or lawsuit loans to cover their out-of pocket legal expenses. This allows them to get the money sooner.