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

The time it takes to settle a truck crash situation varies from case to the next. The time frame for settlement could be affected by a number factors.

It could take some time to determine who is accountable for an accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors, including liability and damages. If the participants in the crash are not able to reach an agreement regarding their respective faults, this could delay the proceedings. If there is disagreement over the credibility of witnesses or evidence of witnesses, this may delay the proceedings.

Based on the severity of the injuries, as well as the size of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles, settlement amounts may vary widely. Remember that plaintiff attorneys are paid on a contingency basis. This means that they are not paid until they have won a case, or reached a settlement.

Because of the severe and often fatal injuries that result from semi-truck accidents, it's not a surprise that these cases are lucrative for the attorneys who handle them. Settlements often amount to millions of dollars in these cases. This is especially true when the trucking company has been considered to be negligent.

Liability

Each year, there are more than 100,000 accidents involving rockland 18 wheeler accident law firm wheelers in the United States. Many of these truck accidents result in serious injuries or death. Insurance companies tend to undervalue the damage and injuries suffered by victims in these accidents. A good 18 wheeler accident lawyer can negotiate with big insurance companies and negotiate the most favorable settlement for their clients.

In an 18-wheeler lawsuit the defendants could be held accountable for non-economic and economic damages. The economic damages can be medical expenses, lost wages and future earnings. Non-economic losses include pain and suffering and emotional distress, disfigurement, and diminished quality of living.

Attorneys who represent plaintiffs in Waterbury 18 Wheeler Accident Lawyer wheeler cases are paid on a contingency basis, which means that they don't receive any money until they succeed in their case and negotiate a settlement for their client. In the meantime, they need to pay for court fees, take depositions, hire experts and other experts, travel and pay for other costs associated with winning a case.

Damages

18-wheeler accidents can lead to serious injuries, especially when they occur at high speed. Due to the weight and size of these trucks, the impact can be more severe than a regular motor vehicle accident. This means that damages can be higher as well.

In addition to the medical and property damages that may result from a crash involving an 18-wheeler, victims may be able to claim compensation for the loss of wages and grief that is caused by the loss of loved ones. If you've suffered losses from a semi truck accident an attorney for personal injury can assist you in determining all of the compensation you may be entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses, and court costs. They require the funds of their clients as fast as possible. There are many ways that plaintiffs can receive their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for those injured and need to pay for their expenses while waiting for their settlement.

Timeline

There are many factors that contribute to how long it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before making a decision on settlement. You could be eligible for future losses, for example, lost wages or diminished quality of living. Your lawyer will have to present evidence to support your claims.

A dispute between the parties about the liability of either party can delay the settlement process. This can happen when there multiple insurance companies involved or the parties disagree on the who was responsible for the accident.

A reputable lawyer for truck accidents can help you determine if the insurance company is providing you with 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 not willing to negotiate, you might need to file a lawsuit and this can extend the time frame of the case. In some cases it may take at least a year to settle the case.

Settlement

There are a variety of factors that can dramatically extend the time frame required for an 18-wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two factors that can impact the timeline. It may also take a while for your doctor to provide evidence of permanent impairments that could impact your future losses. It is not advisable to settle a claim arising from an accident too soon as this can leave you with no money to cover your full range damages.

Plaintiff attorneys who take on 18-wheeler accidents are compensated on a contingency fee basis and are not paid unless they prevail or reach a settlement. This means that they've had to put aside their own money to pay for court costs, travel and expert witness expenses during the course of this case.

As you can imagine, this could add up to a lot. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also called lawsuit loans or settlement cash advances) to pay for their out-of-pocket legal expenses to get the money that they are owed sooner.