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

The time required to settle a truck crash case varies from one to the next. The timeframe for settlement can be affected by a variety of factors.

It can take several months to determine who is accountable for an accident. A lawyer can help identify all liable parties and maximize the settlement.

What to Expect

The timeline for a settlement in a lawsuit against an 18-wheeler is based on a variety of factors such as the liability and damages. The case could be delayed if parties to the collision do not agree on fault. In addition, if there are any disagreements over the evidence or witness testimony the process could take longer time to solve these issues.

Based on the severity of the injuries, the scope of the insurance policy of the trucking company and existing state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means that they are not paid until they win a case or reach an agreement.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents, it's not surprising that these cases are lucrative for the lawyers who handle them. In this way, it's not unusual for settlements in these cases to be millions of dollars or more. This is especially true if the trucking company is deemed negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18 wheeler accident attorneys (www.hwajung.kr)-wheelers. Many of these accidents cause severe injuries and even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. A good 18 wheeler accident lawyer can negotiate with big insurance companies and get the most favorable settlement for their clients.

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

Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingent basis. This means that they don't receive compensation until their case is settled and they settle with their client. They are required to pay court costs as well as hire experts, other specialists, travel, and other costs associated with winning the case.

Damages

18 wheeler accident attorney-wheeler accidents can lead to serious injuries, especially if they occur at high speeds. The impact of an 18-wheeler crash could be more severe due to its size and weight. The damages can also be higher.

In addition to the physical and medical damage that could result from an 18-wheeler accident, victims can also receive compensation for lost wages as well as 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 were a victim of an accident involving a semi truck.

Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for depositions, travel expenses, expert witnesses, and court costs. They require the funds of their clients as soon as they can. There are several ways plaintiffs can get their money faster after a settlement. These are called post settlement advances, lawsuit loans, or settlement cash advances. They are a great option for injured parties to cover expenses while waiting for their settlement.

Timeline

There are many factors that influence the time it takes to settle a truck crash case. The most important factor is the severity of your injuries. It is essential to wait until you've reached the point of maximum medical improvement before making a decision on settlement. You could be eligible to claim future losses, for example, lost wages or 18 Wheeler Accident Attorneys diminished quality of life. Your lawyer will have to present evidence to support your claims.

Another factor that can lengthen the settlement process is a dispute between two parties over the liability of damages or liability. This could happen when several insurance companies are involved or the parties do not agree on who was at fault.

A skilled truck accident lawyer can help you determine if the insurance company is providing you with an appropriate 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 unwilling to negotiate, it could be necessary to file a suit that could extend the time frame for the case. In certain instances the case may take longer than a year to resolve.

Settlement

There are several things that can dramatically extend the time required for an 18-wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance concerns involved. It may also take a while for your doctor to submit documentation of permanent impairments that could affect your future losses. It is not advisable to settle a claim arising from an accident too soon as this can leave you without a sufficient amount to cover all losses.

Attorneys representing plaintiffs in cases involving 18 wheeler-related accidents work on contingency fees. They don't get paid until they prevail or reach an agreement. They must pay for court costs, travel expenses, and expert witness fees throughout the course of the case.

As you can imagine, this can add up to quite a large amount. Many 18 wheeler accident lawsuits wheeler plaintiff attorneys utilize post settlement advances (also called lawsuit loans or settlement cash advances) to pay for the legal costs they incur out of pocket so that they can get the money they are owed sooner.