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

The time it takes to settle a trucking accident case varies from case to case. There are a number of variables that can affect the length of time to settle.

It can take several months to determine who is responsible for an accident. A lawyer can assist you identify all the liable parties and maximize the amount you receive.

What to Expect

The timeline for a settlement of a lawsuit against an powell 18 wheeler accident law firm-wheeler depends on a myriad of factors, including the liability and damages. If the participants in the crash are unable to reach an agreement on fault, this can greatly delay the case. If there is disagreement regarding the evidence or the testimony of witnesses, this may delay the trial.

Settlement amounts vary according to the severity of injuries, the insurance policy of the trucking firm and the current state or federal regulations that govern commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means that they do not get paid until they are successful in a case or agree to an agreement.

Because of the severe and often fatal injuries that can result from semi-truck accidents, it's not surprising that these cases are huge business for lawyers who represent them. In this way, it's not common for settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company has been considered to be negligent.

Liability

Each year, there are more than 100,000 accidents involving lansing 18 wheeler accident attorney wheelers in the United States. Many of these crashes result in serious injuries or even death. The majority of insurance companies lowball the victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and the damages. However, a reputable attorney for accidents involving 18 wheels can level the playing field and negotiate with these big insurance companies to ensure that they offer their clients the most lucrative settlements.

In an 18-wheeler lawsuit the defendants could be held liable for economic and noneconomic damages. Economic damages could include medical expenses, lost wages and future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingent basis. This means that they do not receive compensation until their case is won and they reach a settlement with their client. They must pay court costs as well as hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

18-wheeler accidents could cause serious injuries, especially when they occur at high speeds. Due to the size and weight of these trucks, the impact of an accident can be even more severe than a normal motor vehicle accident. This means that the damages could be more extensive as well.

In addition to the medical and property damages that result from a Mckees rocks 18 wheeler Accident Attorney-wheeler crash, victims may be able to claim compensation for the loss of earnings and grief caused by the loss of a loved. A personal injury lawyer can help determine the total amount you are entitled to when you have suffered losses as a result of the crash of a semi-truck.

It's not a secret that litigation is expensive. Plaintiff attorneys must pay for depositions, travel expenses, expert witnesses and court costs. They need the money of their clients as quick as possible. There are a variety of ways that plaintiffs can receive their money quicker after settlement. These are referred to as post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to cover expenses while they wait on their settlement.

Timeline

A variety of factors affect the amount of time it takes to settle an accident case with the truck. The severity of your injuries is an important factor. It is crucial to wait until you have reached the point of maximum medical improvement before making a decision on settlement. This is because you might be in a position to claim future losses, such as lost wages and a decreased quality of life. In addition, your attorney will require evidence to prove these claims.

Another reason that could delay the settlement process is a dispute between parties regarding liability or damages. This can happen when multiple insurance companies are involved or the parties are not able to agree on who is responsible.

A qualified attorney for truck accidents will help you determine if the insurance company will offer you an acceptable amount and if it will cover future and present damages. If the insurance company is unwilling to compromise, it could be necessary to file a suit which can extend the timeline for the case. In certain cases, the case could take more than a year to settle.

Settlement

There are many factors which can significantly extend the time it takes for an 18 wheeler lawsuit to reach a settlement. The severity of the injuries and insurance considerations are two aspects that can impact the timeline. It may also take some time for your doctor's documentation to identify permanent impairments that could affect your future losses. It is not advisable to settle a claim arising from an accident too quickly, as it could leave you without money to cover all losses.

Attorneys representing plaintiffs who litigate in 18-wheeler crashes are paid on a contingency fee basis and do not get paid until they win or agree to a settlement. They are required to pay court costs along with travel and expert witness fees during the course of the case.

As you might imagine, this could add up quite a bit. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called settlement cash advances) to cover their legal expenses out of pocket to get the money that they are owed sooner.