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

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

For instance, it may take time to determine who is liable for the accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The time frame for settling of an 18-wheeler lawsuit depends on many factors, including liability and damages. The case could be delayed if the parties involved in the collision cannot agree on the cause of the accident. If there is a dispute over the credibility of witnesses or evidence of witnesses, this may delay the proceedings.

Depending on the extent of the injuries, the scope of the insurance policy of the trucking company and the existing state or federal regulations for commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning that they don't receive compensation unless they win or reach a settlement in the case.

Because of the severe and often fatal injuries that result from semi-truck accidents it's no surprise that these cases are big business for the attorneys who litigate them. Settlements can reach 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 that involve 18-wheelers. Many of these accidents cause serious injuries or even death. Most often, insurance companies make it difficult for victims of these accidents with settlements that do not reflect the extent of their injuries and the damages. However, a good georgetown 18 wheeler Accident attorney wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to get their clients the maximum settlements.

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

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they don't get paid until their case is settled and they negotiate a settlement with their client. In the meantime, they must cover court costs, take depositions and hire experts, other specialists, travel, and pay for other expenses that are related to winning the case.

Damages

18-wheeler accidents can lead to serious injuries, particularly when they happen at high speeds. The impact of an 18-wheeler accident could be more severe due to its weight and size. This means that the damage could be higher as well.

In addition to the property and medical damage that may result from an 18-wheeler crash, victims can also receive compensation for the loss of their income and the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the total amount you are entitled to if you have suffered losses due to an accident involving a semi-truck.

It's no secret that litigation can be expensive. Attorneys representing plaintiffs have to pay for depositions, travel expenses, expert witnesses, and court costs. They must get the money of their clients as soon as possible. There are many ways that plaintiffs can get their money quicker after the settlement. 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

A variety of factors affect the time it takes to settle a case with the truck. The severity of your injuries is an important factor. It is best to wait until your medical condition has improved to the maximum before you settle. You may be able claim future losses, like reduced wages or a decrease in the quality of life. Your lawyer will have to provide evidence to support your claims.

Another reason that could delay the process of settlement is a dispute between parties regarding liability or damages. This is often the case when multiple insurance companies are involved or the parties disagree about who is at fault.

A skilled truck accident lawyer will help you determine if the insurance company is providing you with an adequate amount for your claim and whether or not it will cover all of your future and current losses. If the insurance company is not willing to compromise, you may need to file a suit, which can lengthen the time frame of the case. In certain cases, it could take up to a year or more finish the case.

Settlement

There are many things which can significantly extend the timeline it takes for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance considerations that are involved. It can take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. It is important that you not settle your claim for an accident too early as it can result in you not receiving the funds you're entitled to for your full range of injuries.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fees. They don't get paid until they are successful or reach an agreement. They are responsible for court costs as well as travel expenses and expert witness fees throughout the course of a case.

As you can imagine, this can be quite costly. A lot of creswell 18 wheeler accident law firm wheeler plaintiff lawyers utilize post settlement advances (also called lawsuit loans or settlement cash advances) to offset the legal costs they incur out of pocket to be able to collect the money they are owed sooner.