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 length of time to settle.

For instance, it could take time to determine who is accountable for the accident. A lawyer can help you determine all the parties responsible and maximize the settlement.

What to Expect

The time frame for settlement of a lawsuit involving an 18-wheeler is contingent on many factors, including the possibility of liability and damages. The case could be delayed if the parties involved in the accident cannot agree on the fault. If there are disagreements about the evidence or testimony of witnesses, it could delay the proceedings.

Settlement amounts vary dependent on the severity of injuries, the insurance policy of the trucking company and the federal or state regulations that govern commercial vehicles. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning that they don't get paid unless they win or settle the case.

Due to the serious and often catastrophic injuries that result from semi-truck accidents it's no surprise that these types of cases are lucrative for the lawyers who handle them. It's common to see settlements in these cases to be millions of dollars or more. This is especially true if the trucking company has been declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these accidents cause severe injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. A skilled 18-wheeler accident lawyer can negotiate with large insurance companies and get the most favorable settlement for their clients.

The defendants in an 18 wheeler lawsuit could be held responsible for a variety of damages, such as economic and non-economic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages can include pain and suffering, emotional distress, disfigurement, and reduced quality of life.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, meaning that they aren't paid until they are successful and can negotiate an agreement for their client. In the meantime, they have to pay for court fees, take depositions, engage experts and other specialists, travel, and pay for any other expenses required to win the case.

Damages

18-wheeler accidents can cause serious injuries, particularly when they happen at high speeds. The impact of an 18-wheeler crash could be more severe because of its size and weight. The damage can be greater.

In addition to the medical and property damage that could result from a 18-wheeler crash victims could be able to claim compensation for the loss of earnings and grief caused by the death of a loved. If you have experienced losses from a semi truck accident A personal injury lawyer can help you determine the amount of the compensation that you could be entitled receive.

The costs of litigation can be quite high. Plaintiff attorneys need to pay for things like travel to take depositions, pay experts as witnesses, and pay court costs, which is why they require their clients' funds as quickly as possible. There are ways that plaintiffs can receive their money quicker after an agreement. These are referred to as post settlement advances or lawsuit loans. These are a great option for injured parties who require to pay for their expenses while waiting for their settlement.

Timeline

There are a myriad of factors that affect how long it takes to settle a truck crash case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to its maximum before settling. You may be able to claim future losses, such as loss of wages or a lower standard of living. Your lawyer will have to present evidence to support your claims.

Another reason that could delay the process of settlement is a dispute between parties about liability or damages. This is often the case when there are multiple insurance companies involved or the parties disagree on the who was responsible for the incident.

A qualified truck accident lawyer will help you determine if the insurance company is offering an adequate amount for your case and whether or the insurance company will take care of all your future and current losses. If the insurance company is unwilling to negotiate, it could be necessary to file a suit which could prolong time for the case. In some cases it could take at least a year to settle the case.

Settlement

There are many things that can drastically alter the timeline it takes for an godfrey 18 wheeler accident attorney wheeler lawsuit to reach a settlement. The severity of the injuries and insurance considerations are two factors which can influence the length of time. It may also take a while for your doctor to document of permanent impairments that could affect your future losses. Don't settle an accident claim too early, as this could leave you without a sufficient amount to cover the full amount of losses.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fees and don't get paid until they succeed in their case or negotiate a settlement. This means they've had to put aside their own money to cover expenses for travel, court costs and expert witness costs all during the course of the case.

As you might imagine, this could add up quite a bit. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also known as settlement cash advances) to help offset their out-of-pocket legal expenses in order to receive the money that they are owed sooner.