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

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

For example, it can take time to determine who is accountable for the accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The time frame for settlement in an 18 wheeler lawsuit is contingent on a variety of factors, including the liability and damages. The case can be delayed if parties to the collision cannot reach an agreement on who is responsible. Furthermore, if there is any disagreements about evidence or witness testimony the process could take longer time to solve these issues.

Settlement amounts can differ greatly according to the severity of injuries, the insurance policy of the trucking firm, and the existing state or federal regulations that regulate commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means that they don't get paid until they have won a case, or reached an agreement.

Due to the serious and often fatal 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. In this way, it's not uncommon for settlements in these cases to reach millions of dollars or more. This is especially true if the trucking company has been considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 Wheeler Accident Attorneys wheelers across the United States. Many of these truck accidents result in serious injuries or death. Often, insurance companies will lower the cost of victims of these accidents with settlement offers that don't reflect the full extent of their injuries and damages. However, an experienced attorney representing victims of accidents on 18 wheeler accident law firm wheels can level the playing field and negotiate with these big insurance companies in order to obtain their clients maximum settlements.

The defendants in a case involving an 18 wheeler may be held liable for a variety of damages including economic and non-economic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement, and diminished quality of life.

Plaintiff attorneys who handle 18 wheeler accident lawyers wheeler cases work on a contingency fee basis, meaning that they don't receive any money until they prevail and agree to an agreement for their client. In the meantime, they must pay for court costs, conduct depositions and hire experts, other experts, travel and pay for 18 Wheeler Accident attorneys other costs related to winning the case.

Damages

18 wheeler accidents can result in serious injuries, particularly in high-speed collisions. Due to the weight and size of these trucks, the impact may be even more severe than a normal motor vehicle crash. This means that the damage could be higher as well.

In addition to the physical and medical damage that can result from an 18 wheeler crash victims may also be eligible for compensation for the loss of their wages and the grief caused by the loss of loved ones. A personal injury lawyer can help determine the total amount you can receive if you are suffering losses as a result of an accident involving a semi-truck.

The cost of litigation can be high. Attorneys representing plaintiffs must pay for depositions, travel, expert witnesses and court costs. They must get the money of their clients as fast as possible. There are many ways that plaintiffs can receive their funds quicker after settlement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

There are many factors that influence the time it takes to settle a truck accident case. The severity of your injuries is the primary factor. It is important to wait until you've reached maximum medical improvement before settling. This is because you might be able to claim future losses such as lost wages or a diminished quality of life. Additionally, your attorney will need evidence to support these claims.

Another factor that can prolong the settlement process is a dispute between two parties over liability or damages. This could happen when several insurance companies are involved or the parties are not able to agree on who is responsible.

A reputable truck accident lawyer will help you determine if the insurance company is offering an appropriate amount for your claim and whether or not it will cover all of your future and current losses. If the insurance company refuses to negotiate, it could be necessary to file a lawsuit which can extend time for the case. In certain cases, it could take a year or more to resolve the case.

Settlement

There are a few factors that could cause some time to settle a lawsuit against an 18-wheeler. The severity of the injuries and insurance considerations are two factors which can influence the length of time. It could take time for your doctor to provide evidence of permanent impairments that could impact your future losses. Do not settle a claim arising from an accident too soon as this can result in you not having enough money to cover your full range damage.

Attorneys representing plaintiffs in cases involving 18 wheeler-related accidents work on contingency fee and don't get paid until they prevail or reach an agreement. They are required to pay court costs along with travel and expert witness fees during the course of the case.

As you can imagine, this can add up to quite a lot. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to pay for their out-of pocket legal expenses. This lets them access the funds sooner.