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

The time it takes to settle a truck accident case varies from one case to the next. There are many factors that can influence the speed of settlement.

It could take an extended time to determine who is responsible for an accident. A lawyer can assist you identify all the parties at fault and maximize the amount you receive.

What to Expect

The timeframe for settling of a lawsuit against an moorhead 18 wheeler accident attorney-wheeler depends on a variety of factors, including the amount of liability and damages. If the parties involved in the incident are unable to reach an agreement on their respective faults, this could delay the process. Furthermore, if there is any disagreements regarding the evidence or witness testimony the process could take longer time to solve these issues.

Settlement amounts can be wildly different dependent on the severity of injuries, the insurance policy of the trucking company and the federal or state regulations that govern commercial vehicles. Remember that plaintiff lawyers are paid on the basis of contingency. This means that they do not get paid until they have won a case, or reached a settlement.

It's not surprising that semi-truck accidents are a huge business for lawyers. It's common for settlements in these cases to reach millions of dollars or more. This is especially true if the trucking firm has been considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. A lot of these accidents result in serious injuries or death. Most often, insurance companies make it difficult for victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and damages. However, an experienced attorney for accidents involving 18 wheels can level the playing field and negotiate with these massive insurance companies to get their clients the most lucrative settlements.

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

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they prevail and agree to a settlement for their client. In the meantime, they need to pay for court fees, take depositions and hire experts, other experts, travel and pay for 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 can be more serious due to its size and weight. The damage could be more severe.

In addition to the medical and property damages that result from a collision with an chino hills 18 wheeler accident lawsuit-wheeler, victims may also be entitled to compensation for lost wages and the grief caused by the loss of loved ones. A personal injury lawyer can help determine the amount of compensation you are entitled to if have suffered losses due to a semi truck crash.

Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for travel expenses and depositions, as well as hire expert witnesses, and pay court costs, so they require their clients' money as soon as they can. There are several ways plaintiffs can receive their funds faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to pay costs while waiting for their settlement.

Timeline

There are many factors that contribute to how long it takes to settle a truck accident case. The severity of your injuries is an important factor. You should wait until your medical condition has improved to its maximum before making a decision on settlement. You could be eligible to claim future losses, for example, loss of wages or a lower standard of life. Your lawyer will have to present evidence to support your claims.

A dispute between the parties about the liability or damages could delay the settlement process. This can occur when there multiple insurance companies involved or the parties are arguing over the who was responsible for the accident.

A reputable truck accident lawyer can assist you in determining if the insurance company is offering a fair amount for your case, and whether or not it will take care of all your current and future losses. If the insurance company refuses to negotiate, it may be required to file a lawsuit which could prolong the time frame for the case. In certain situations it may take a year or more to settle the case.

Settlement

There are a few things that can make it take an extended time to settle a lawsuit against an 18-wheeler. This includes the severity of injuries and the insurance considerations that are involved. It could take a bit of time for your doctor's report to reveal permanent impairments that could affect the future loss you suffer. It is vital to never settle your claim in a hurry, as it may leave you without the money you'll need to cover the full extent of your injuries.

Attorneys representing plaintiffs who litigate in 18-wheeler crashes are paid on a contingency basis and are not paid unless they prevail or reach a settlement. They are required to pay court costs along with travel and expert witness fees during the trial.

As you can imagine this can add up to a amount. Many 18-wheeler plaintiff lawyers use settlement cash advances or lawsuit loans to pay for the legal expenses they incur out of pocket. This lets them receive the funds earlier.