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

The time required to settle a truck accident case varies from one case to the next. There are a number of variables that can affect the speed of settlement.

For instance, it might take some time to determine who is accountable for the accident. A lawyer can assist you determine all the parties responsible and maximize the amount you receive.

What to Expect

The time frame for settlement in a lawsuit against an 18 wheeler accident attorney-wheeler is based on a variety of factors such as the possibility of liability and damages. The case could be delayed if the parties in the collision are not able to reach an agreement on who is responsible. Furthermore, if there is any disagreements over evidence or witness testimony and testimony, it 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 the current state or federal regulations for commercial vehicles, settlement amounts may vary widely. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means that they do not get paid until they succeed in winning a case or reach an agreement.

Due to the serious and 18 wheeler accident attorney often catastrophic injuries that result from semi-truck accidents, it's no surprise that these cases are huge business for attorneys who litigate them. Settlements often amount to 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 accidents each year involving 18-wheelers. Many of these truck crashes result in serious injuries and even death. Often, insurance companies will lower the cost of victims of these accidents with settlement offers that do not reflect the extent of their injuries and the damages. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the maximum settlements.

The defendants in a case involving an 18 wheeler could be held accountable for several types of damages including economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages may include pain and suffering and emotional distress, 18 wheeler accident attorney disfigurement and a lower quality of life.

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, meaning that they don't get paid until they win their case and reach an agreement with their client. In the meantime, they must pay for court costs, conduct depositions, engage experts and other experts, travel and pay for any other expenses associated with winning the case.

Damages

18-wheeler accidents can lead to serious injuries, especially when they occur at high speed. The consequences of an accident involving an 18-wheeler can be more intense because of its size and weight. This means that the damage could be greater as well.

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

The cost of litigation can be high. Plaintiff attorneys must pay for travel, depositions, expert witnesses, and court costs. They must receive the money of their clients as fast as possible. There are a variety of ways for plaintiffs to get their money faster following the settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many elements that determine how long it takes to settle a truck crash case. The severity of your injuries is the primary factor. You should wait until your condition has improved to its maximum before settling. You may be able to claim future losses, like lost wages or diminished quality of living. Your lawyer will have to prove your claims.

Another factor that can prolong the process of settlement is a dispute between parties regarding liability or damages. This can occur when there are multiple insurance companies involved or if the parties disagree on the who was responsible for the accident.

A reputable lawyer for truck accidents will help you determine if the insurance company is providing you with an appropriate amount for your case and whether or the insurance company will cover all of your future and current losses. If the insurance company is not willing to negotiate, you could need to file a lawsuit and this can extend the duration of the lawsuit. In certain instances it could take more than a year to settle.

Settlement

There are a few things that could cause a long time to settle a 18-wheeler lawsuit. The extent of the injuries and insurance considerations are two aspects which can influence the length of time. It may also take a while for your doctor to provide evidence of permanent impairments that could affect your future losses. Do not settle a claim for an accident too quickly, as it could leave you without a sufficient amount to cover the full amount of losses.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a contingency basis and do not get paid until they win or negotiate a settlement. They are required to pay court costs and travel expenses as well as expert witness fees during the course of a case.

As you can imagine, this could add up to a lot. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also known as lawsuit loans or settlement cash advances) to offset their legal costs out-of-pocket to be able to collect the money they are owed sooner.