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

The time required to settle a trucking crash case varies from case to case. There are many factors that could affect the time frame of settlement.

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

What to Expect

The timeline for a settlement of a lawsuit against an 18-wheeler depends on a myriad of factors, including the amount of liability and damages. If the participants in the crash are unable to reach an agreement regarding responsibility, this could greatly delay the case. If there is disagreement over the evidence or testimony of witnesses, this can also delay the case.

Depending on the extent of the injuries, the amount of the trucking company's insurance policy and the current state or federal regulations that govern commercial vehicles, settlement amounts can vary widely. It is important to keep in mind that plaintiff attorneys are paid on a contingency basis, which means they don't get paid until they win or reach a settlement in a case.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these types of cases are a huge business for the attorneys who litigate them. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking company is deemed negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these truck accidents cause serious injuries or even death. In many cases, insurance companies lower the cost of victims of these accidents with settlements that do not reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident law firm Wheeler Accident Attorney (Https://Torp-Schneider.Thoughtlanes.Net/) can even the playing field and negotiate with these big insurance companies to secure their clients the most lucrative settlements.

In an 18-wheeler lawsuit the defendants could be held accountable for non-economic and economic damages. Economic damages could include medical bills, wages lost and future earnings. Non-economic damages include pain and suffering as well as emotional distress, disfigurement, and a diminished quality of life.

Plaintiff attorneys who handle 18 wheeler accident law firm wheeler cases work on a contingency fee basis, meaning that they aren't paid until they win their case and reach a settlement for their client. They must pay court costs and hire experts, as well as other specialists, travel, and other expenses associated in winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially if they occur at high speed. Due to the size and weight of these trucks, the impact can be more severe than a normal motor vehicle crash. This means that damages can be greater as well.

In addition to medical and property damage that could result from a 18-wheeler crash, victims may be able to claim compensation for the loss of wages and grief caused by the death of loved ones. If you've suffered loss as a result of a semi truck accident, a personal injury attorney will help you determine all of the compensation that you could be entitled receive.

It's no secret that litigation is expensive. Attorneys representing plaintiffs have to pay for depositions, travel, expert witnesses, and court costs. They must receive the money of their clients as fast as they can. There are a variety of ways for plaintiffs to get their money faster following a settlement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to pay expenses while they wait on their settlement.

Timeline

A variety of factors affect the amount of time it takes to settle a case involving a truck. The severity of your injuries is a major factor. It is crucial to wait until you have reached your maximum level of medical improvement before you settle. You may be able to claim future losses, like reduced wages or a decrease in the quality of living. Your lawyer will have to provide evidence to back your claims.

Another reason that can delay the process of settlement is a dispute between two parties regarding liability or damages. This can happen when there multiple insurance companies involved or when the parties are disputing the who was responsible for the accident.

A reputable truck accident lawyer will help you determine if the insurance company is offering you a fair amount for your case and whether or it will be able to cover all of your current and future losses. If the insurance company refuses to negotiate, it may be necessary to file a lawsuit which could prolong the time frame for the case. In some instances it may take at least a year to settle the case.

Settlement

There are a few factors which can cause some time to settle a lawsuit involving an 18-wheeler. The severity of the injuries as well as insurance considerations are two elements that can affect the timeline. It could also take time for your doctor's documentation to demonstrate permanent impairments, which could impact the future loss you suffer. It is essential to never settle your accident claim too early as it can result in you not receiving the funds you're entitled to for your entire range of damage.

Attorneys who represent plaintiffs in 18-wheeler collisions are paid on a contingent fee basis and are not paid until they win or negotiate an agreement. They have to pay for court costs and travel expenses as well as expert witness fees during the process of a case.

As you could imagine, this can be quite costly. Many 18-wheeler plaintiff lawyers use settlement cash advances or lawsuit loans to offset their legal costs out of pocket. This lets them receive the funds earlier.