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

The time required to settle a truck crash situation varies from case to the next. There are a number of variables that can affect the length of time to settle.

For instance, it could take time to establish who is liable for the accident. A lawyer can assist you identify all the liable parties and maximize the settlement.

What to Expect

The time frame for settlement in an 18 wheeler lawsuit depends on a variety factors, including the possibility of liability and damages. The case can be delayed if the parties involved in the collision cannot agree on the fault. Additionally, if there are any disputes over witnesses' testimony or evidence the process could take longer time to solve these issues.

Settlement amounts vary according to the severity of injuries and the insurance policy of the trucking firm, and the existing laws and regulations of the federal or state that govern commercial vehicles. Remember that plaintiff lawyers are paid on an on a contingency basis. This means they are not paid until they win a case or reach an agreement.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are big business for the attorneys who litigate them. Settlements often amount to millions of dollars in these cases. This is especially true when the trucking firm has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year involving 18-wheelers. Many of these truck crashes 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.

The defendants in a lawsuit involving an 18-wheeler may be held liable for various damages, such as economic and non-economic damages. Economic damages may include medical bills, wages lost and future earnings. Non-economic damages may include emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, which means that they aren't paid until they succeed in their case and negotiate an agreement with their client. They must pay court costs and also hire experts, specialists, travel and other expenses that go along in winning the case.

Damages

18-wheeler accidents could cause serious injuries, firm particularly when they occur at a high speed. Due to the weight and size of these trucks, the impact could be even more severe than a typical motor vehicle crash. This means that the damages could be more extensive as well.

In addition to the physical and medical damage that can result from an 18 wheeler crash, victims can also receive compensation for their lost wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can assist you to determine the amount of compensation you can receive if you are suffering losses as a result of an accident involving a semi truck.

Litigation can be expensive. Attorneys representing plaintiffs need to pay for depositions, travel expenses, expert witnesses, and court costs. They must get the money of their clients as soon as they can. There are a variety of ways that plaintiffs can receive their money quicker after a settlement. These are known as post settlement advances or lawsuit loans. They are a great choice for those injured and need to pay for their expenses while they await their settlement.

Timeline

Many factors influence the length of the time it takes to settle an accident case involving the truck. The severity of your injuries is a major factor. You should wait until your condition has improved to the maximum before settling. This is because you might be able to claim future losses such as lost wages and a decreased 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 can often happen when there are multiple insurance companies involved, or if the parties are disputing the who was responsible for the accident.

A reputable truck accident lawyer can help you determine whether the insurance company is providing you with an acceptable amount to settle your case and whether or not it will cover all of your current and future losses. If the insurance company isn't willing to compromise, you may require a lawsuit, which can lengthen the time frame of the case. In certain cases the case may take more than a year to settle.

Settlement

There are a few elements that can cause the longest time to settle a lawsuit involving an 18-wheeler. The severity of the injuries as well as insurance considerations are two aspects that can impact the timeline. It could take some time for your doctor's report to identify permanent impairments that could affect the future loss you suffer. You should never settle an accident claim too quickly as it may result in you not having enough money to cover all losses.

Plaintiff attorneys who handle 18 wheeler accidents work on contingency fee and don't get paid until they are successful or reach an agreement. They are required to pay court costs and travel expenses as well as expert witness fees during the course of a case.

As you can imagine, this can add up quite a bit. A lot of plaintiff attorneys with siloam springs 18 wheeler accident attorney wheels make use of settlement cash advances or lawsuit loans to cover the legal expenses they incur out of pocket. This lets them get the money sooner.