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

The time required to settle a trucking crash instance can vary from case to case. There are a number of variables that can affect the time frame of settlement.

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

What to Expect

The time frame for settlement of a 18-wheeler lawsuit is dependent on a variety of factors, including liability and damages. The case can be delayed if the parties in the collision cannot agree on fault. If there are disagreements about the evidence or testimony of witnesses, this can delay the trial.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and existing state or federal regulations governing commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff attorneys are paid on the basis of a contingency. This means they don't get paid until they have won a case, or reached an agreement.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these types of cases are a huge business for the lawyers who represent them. It's uncommon to see settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company is declared to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these crashes result in serious injuries or even death. The majority of insurance companies make it difficult for victims of these accidents by offering settlement offers that do not reflect the extent of their injuries and the damages. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies in order to obtain their clients the most lucrative settlements.

In an 18-wheeler lawsuit the defendants could be held liable for non-economic and economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic damages could include emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who litigate in 18 wheeler cases are compensated on a contingent basis. This means that they do not get paid until the case is settled and they negotiate a settlement with their client. In the meantime, they must cover court costs, take depositions, hire experts and other specialists, travel and pay for other expenses required to win the case.

Damages

18 wheeler accident law firm-wheeler accidents can cause serious injuries, especially if they occur at a high speed. The effects of an 18-wheeler collision can be more intense due to its size and weight. This means that damages can be higher as well.

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

It's no secret that litigation can be expensive. Plaintiff attorneys need to pay for 18 wheeler accident lawyer things like travel for depositions, travel to court, hire experts to testify, and pay for court costs, so they must get their clients' funds as quickly as possible. There are several ways plaintiffs can get their money quicker after settlement. These are referred to as post-settlement advances, lawsuit loans, or settlement cash advances. They are a great method for injured parties to pay expenses while waiting on their settlement.

Timeline

There are a variety of elements that determine the time it takes to settle a truck accident case. The severity of your injuries is an important factor. It is essential to wait until you have reached maximum medical improvement before making a decision to settle. This is because you might be entitled 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 the parties over the liability of either party can prolong the settlement process. This can often happen when there are multiple insurance companies involved or the parties disagree on who was responsible for the incident.

A qualified truck accident attorney can help you determine if the insurance company is willing to pay an amount that is fair and if it will cover your current and future damages. If the insurance company is unwilling to negotiate, it may be required to file a lawsuit which could prolong the duration of the case. In certain instances it could take more than a year for the resolution.

Settlement

There are many factors that can dramatically extend the time required for an 18-wheeler lawsuit to settle. The severity of the injuries and insurance considerations are two aspects that can impact the timeline. It could take time for your doctor to document of permanent impairments that could affect your future losses. Do not settle a claim for an accident too quickly as it may result in you not having enough money to cover the full amount of damages.

Attorneys representing plaintiffs in cases involving lafayette 18 wheeler accident lawsuit wheeler accidents work on contingency fees. They don't get paid until they are successful or reach an agreement. They are responsible for court costs and travel expenses as well as expert witness fees during the trial.

As you could imagine, this can add up quite a bit. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also called lawsuit loans or settlement cash advances) to pay for their out-of-pocket legal expenses so that they can get the money that they are owed sooner.