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

The time required to settle a trucking accident situation can differ from case to case. There are many factors that affect the timeline of settlement.

It can take several months to determine who is accountable for an accident. A lawyer can help you 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. The case could be delayed if parties to the accident cannot reach an agreement on who is responsible. If there is disagreement about the evidence or testimony of witnesses, this may delay the proceedings.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and the current state or federal regulations for commercial vehicles, settlement amounts can vary widely. Remember that plaintiff lawyers are paid on a contingency basis. This means that they do not get paid until they are successful in a case or agree to an agreement.

Due to the serious and often fatal injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are big business for the attorneys who handle them. Settlements can reach millions of dollars in these cases. This is especially true if the trucking company has been considered to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. Many of these truck crashes result in serious injuries or even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. A good 18 wheeler accident lawyer can negotiate with big insurance companies and negotiate the best settlement for their clients.

The defendants in a lawsuit involving an 18-wheeler could be held responsible for several types of damages, 18 Wheeler Accident Law Firms including non-economic and economic damages. Economic damages could include medical bills, 18 Wheeler Accident Law Firms lost wages or future earnings. Non-economic damages include pain and suffering and emotional distress, disfigurement and diminished quality of living.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until their case is settled and they negotiate a settlement with their client. They have to pay court costs and also hire experts, specialists, travel and other costs associated with winning the case.

Damages

18 wheeler accidents can cause serious injuries, particularly in high-speed collisions. The effects of an 18-wheeler collision could be more severe due to its size and weight. The damage can be more extensive.

In addition to the property and medical damage that could result from the crash of an 18 wheeler victims may also be eligible for compensation for the loss of their wages and the grief caused by the loss of a loved one. If you've suffered losses in a semi truck accident, a personal injury lawyer will help you determine all of the compensation you are entitled to receive.

The costs of litigation can be quite high. Plaintiff attorneys need to pay for travel expenses, take depositions, hire experts as witnesses, and pay court costs, which is why they must get their clients' money as fast as possible. There are many ways that plaintiffs can get their money more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for injured parties who need to pay for their expenses while waiting for their settlement.

Timeline

There are a myriad of factors that influence how long it takes to settle a truck accident case. The severity of your injuries is a significant factor. It is essential to wait until you've reached your maximum level of medical improvement before making a decision to settle. This is because you may be able to claim future losses such as lost wages and diminished quality of life. Your attorney will require evidence to prove these 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 disagree on the fault of one party.

A qualified attorney for truck accidents can assist you in determining whether the insurance company provides you with an acceptable amount and if it will be able to cover your future and current damages. If the insurance company is unwilling to compromise, it could be required to file a lawsuit which could prolong time for the case. In certain situations it could take up to a year or more solve the issue.

Settlement

There are a few elements which can cause some time to settle a lawsuit against an 18 wheeler accident law Firms - http://dnpaint.co.kr/bbs/board.php?bo_table=B31&wr_id=2897690 --wheeler. The severity of the injuries as well as insurance considerations are two of the factors that can affect the timeline. It can take a while for your doctor to document of permanent impairments that could affect your future losses. You should never settle a claim arising from an accident too quickly as it may result in you not having enough money to cover the full amount of damages.

Plaintiff attorneys who litigate 18 wheeler accidents are paid contingency fee and don't get paid until they win their case or reach an agreement. This means they have to pay for their own money to pay for expenses for travel, court costs and expert witness costs all during the the case.

As you can imagine this could add up to a large amount. A lot of 18 wheeler accident law firm wheeler plaintiff lawyers make use of post settlement advances (also called settlement cash advances) to help offset their out-of-pocket legal expenses in order to receive the money they're owed sooner.