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

The time it takes to settle a truck accident situation varies from case to the next. There are many factors that affect the length of time to settle.

It could take some time to determine who is accountable for an accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The timeline for a settlement in a lawsuit against an 18-wheeler is dependent on many factors which include the possibility of liability and damages. If the parties involved in the accident cannot reach an agreement on the responsibility, this could greatly delay the trial. If there are disputes over the evidence or testimony of witnesses, this could delay the proceedings.

Settlement amounts can be wildly different according to the severity of injuries, the insurance policy of the trucking company, and the existing federal or state regulations that regulate commercial vehicles. It's important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning that they don't get paid unless they win or settle the case.

It's not a surprise that semi-truck accidents are a lucrative business for attorneys. Therefore, it's not common to see 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

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause severe injuries and even death. Often, insurance companies will lower the cost of victims of these accidents with settlement offers that do not reflect the extent of their injuries and the damages. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies in order to obtain their clients the highest settlements.

The defendants in a case involving an 18 wheeler could be held accountable for several types of damages, including non-economic and economic damages. Economic damages could include medical bills, lost wages or future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement, and diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, meaning that they don't get paid until they are successful and can negotiate a settlement for 18 Wheeler Accident Lawsuit their client. They are required to pay court costs and hire experts, as well as other specialists, travel and other costs associated with winning the case.

Damages

18 Wheeler Accident lawsuit-wheeler accidents can lead to serious injuries, especially when they occur at high speed. The impact of an 18-wheeler crash can be more serious because of its weight and size. The damage can be higher.

In addition to medical and property damages that can result from a crash involving an 18 wheeler accident lawsuit-wheeler, victims may be able to claim compensation for the loss of earnings and grief caused by the death of loved ones. A personal injury lawyer can help determine the amount of compensation you can receive if you have suffered losses as a result of an accident involving a semi truck.

Legal proceedings can be costly. Attorneys representing plaintiffs need to pay for travel, depositions, expert witnesses and court costs. They require the funds of their clients as soon as they can. There are ways that 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 choice for injured parties who need to cover their expenses while waiting for their settlement.

Timeline

Many factors influence the length of time required to settle a case involving trucks. The severity of your injuries is a significant factor. It is important to wait until you have reached maximum medical improvement before you settle. This is because you could be able to claim future losses such as lost wages or a diminished quality of life. Additionally, 18 wheeler Accident lawsuit your attorney will require evidence to prove these claims.

Another factor that can prolong the process of settlement is a dispute between parties regarding liability or damages. This is often the case when multiple insurance companies are involved, or the parties do not agree on who is at fault.

A skilled truck accident lawyer can assist you in determining if the insurance company is offering an acceptable amount for your case, and whether or not it will take care of all your future and current losses. If the insurance company is unwilling to compromise, it could be required to file a lawsuit that could extend the time frame for the case. In some cases the case may take more than a full year to resolve.

Settlement

There are many factors that can dramatically extend the time required for an 18 wheeler lawsuit to settle. This includes the severity of injuries and the insurance implications. It may also take a while for your doctor to document of permanent impairments that could impact your future losses. Don't settle an injury claim too soon as this can leave you without money to cover all damages.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees. They aren't paid until they succeed in their case or negotiate a settlement. This means they have to invest their own money to cover court costs, travel, and expert witness expenses all during the course of this case.

As you might imagine, this could add up quite a bit. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to cover their legal expenses out of pocket. This allows them to get their money earlier.