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

The time it takes to settle a truck crash case differs from one to the next. There are a number of factors that could affect the time frame of settlement.

It could take an extended time to determine who is responsible for an accident. An attorney can help determine all the parties responsible and maximize the amount you receive.

What to Expect

The time frame for settling in a lawsuit involving an 18 wheeler accident-wheeler is contingent on a variety of factors which include the possibility of liability and damages. If the parties involved in the collision cannot reach an agreement on the their respective faults, this could delay the case. If there is a dispute about the evidence or testimony of witnesses, this can also delay the case.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and the current state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid unless they win or settle a case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's not a surprise that these cases are huge business for lawyers who handle them. As such, it's not unusual for settlements in these cases to exceed millions of dollars or more. This is especially true when the trucking company is deemed negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents cause serious injuries and even death. In many cases, lawyers insurance companies reduce the victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and damages. A skilled 18-wheeler accident lawyer can negotiate with big insurance companies and negotiate the best settlement for their clients.

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

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means that they don't receive any money until they succeed in their case and negotiate a settlement for their client. In the meantime, they must pay court costs, attend depositions and hire experts, other experts, travel and pay for other expenses required to win a case.

Damages

18-wheeler accidents can lead to serious injuries, particularly if they happen at high speeds. The impact of an 18-wheeler accident can be more intense due to its weight and size. This means that damages can be more extensive as well.

In addition to the medical and property damages that may result from a crash involving an 18-wheeler victims could also be entitled to compensation for the loss of wages and grief due to the loss of a loved. A personal injury lawyer can help you determine the amount of compensation you are entitled to when you have suffered losses as a result of an accident involving a semi truck.

Legal proceedings can be costly. Plaintiff attorneys must pay for travel, depositions expert witnesses and court costs. They require the funds of their clients as soon as possible. Fortunately, there are ways for plaintiffs to get their money faster following an agreement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties to pay costs while waiting for their settlement.

Timeline

Many factors influence the time it takes to settle a case with trucks. The severity of your injuries is a significant factor. It is crucial to wait until you have achieved your maximum medical improvement before you settle. This is because you could be entitled to claim future losses such as lost wages and diminished quality of life. Your attorney will need evidence to support these claims.

A dispute between the parties regarding the liability or damages could prolong the settlement process. This can happen when multiple insurance companies are involved, or the parties disagree about who is at fault.

An experienced truck accident lawyer can help you determine if the insurance company will offer you a fair amount and if it will pay for future and current damages. 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 could take longer than a full year to resolve.

Settlement

There are a few factors that can make it take an extended time to settle an 18-wheeler lawsuit. This includes the severity of injuries and the insurance concerns involved. It could take a bit of time for the documentation from your doctor to show permanent impairments which could affect your future losses. Do not settle a claim for an accident too quickly, as it could leave you without a sufficient amount to cover all losses.

Attorneys who represent plaintiffs in 18 wheeler accident lawsuit-wheeler accidents are paid on a basis of contingency fees and are not paid until they win or negotiate a settlement. They are responsible for court costs along with travel and expert witness fees throughout the trial.

As you are able to imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also known as lawsuit loans or settlement cash advances) to cover their out-of-pocket legal expenses in order to receive the money they're owed sooner.