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

The time needed to settle a trucking accident case varies from case to case. There are a number of factors that can influence the speed of settlement.

It can take several months to determine who is accountable for an accident. An attorney can help identify all the parties at fault and maximize the amount you receive.

What to Expect

The time frame for settlement of a lawsuit against an 18-wheeler depends on a myriad of factors, including liability and damages. If the parties involved in the collision cannot reach an agreement regarding their respective faults, this could delay the proceedings. In addition, if there are any disagreements over witnesses' testimony or evidence and testimony, it could take longer time to solve these issues.

Depending on the extent of the injuries, the amount of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles, settlement amounts can be wildly different. It's important to remember that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they win or settle the case.

Because of the severe and often fatal injuries that result from semi-truck accidents, it's not surprising that these cases are a huge business for the lawyers who handle them. As such, it's not uncommon for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company is considered to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause severe injuries and even death. Often, insurance companies will reduce the victims of these accidents with settlements that do not reflect the full extent of their injuries and damages. However, a good attorney representing victims of accidents on 18 wheels can level the playing field and negotiate with these massive insurance companies to secure their clients the highest settlements.

In a case involving an 18-wheeler the defendants could be held accountable for economic and noneconomic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages could include emotional distress, disfigurement, and reduced quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are paid on a contingent basis. This means that they do not get paid until their case is resolved and they settle with their client. They must pay court fees as well as hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

18-wheeler accidents can lead to serious injuries, especially 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 could be more extensive.

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

It's no secret that litigation can be costly. Attorneys representing plaintiffs must pay for travel, depositions expert witnesses, and court costs. They need the money of their clients as quickly as possible. Fortunately, there are ways for plaintiffs to get their money quicker after an agreement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to cover costs while waiting for their settlement.

Timeline

Many factors influence the time required to settle an accident case with a truck. One of the most important factors is the severity of your injuries. You should wait until your condition has improved to its maximum before making a decision on settlement. This is because you might be eligible to claim future losses such as lost wages or diminished quality of life, and your attorney will require evidence to support these claims.

Another reason that could delay the settlement process is a dispute between parties about liability or damages. This can occur when there multiple insurance companies involved or when the parties disagree on who is responsible for the accident.

A reputable truck accident lawyer can help you determine if the insurance company is offering you an adequate amount for your claim and whether or not it will take care of all your current and future losses. If the insurance company isn't willing to compromise, you may require a lawsuit which could extend the timeline of the case. In some cases, the case could take more than a full year to resolve.

Settlement

There are a few things that can cause an extended time to settle an 18-wheeler lawsuit. This includes the severity of injuries and the insurance concerns involved. It could take time for your doctor to submit documentation of permanent impairments that could impact your future losses. It is important that you never settle your accident claim too early as it can leave you without the money you're entitled to for your entire range of damage.

Attorneys who represent plaintiffs in 18 wheeler-related accidents work on contingency fee and don't get paid until they prevail or reach a settlement. This means that they've to invest their own money to cover expenses for travel, court costs and expert witness expenses all during the course of the case.

As you can imagine this could add up to a quite a lot. A lot of malden 18 wheeler accident lawsuit wheeler plaintiff lawyers use post settlement advances (also known as settlement cash advances) to cover their out-of-pocket legal expenses so that they can get the money that they are owed sooner.