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

The time it takes to settle a truck accident case varies from one to the next. There are a number of factors that affect the time frame of settlement.

For instance, it might take a while to determine who is responsible for the accident. A lawyer can help you identify all the parties at fault and maximize the settlement.

What to Expect

The time frame for settling in a case involving an 18-wheeler depends on a variety factors, including the possibility of liability and damages. The case may be delayed if the parties in the accident cannot agree on fault. If there are disputes over the credibility of witnesses or evidence of witnesses, this can delay the proceedings.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and any existing federal or state regulations governing commercial vehicles settlement amounts may vary widely. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means that they don't get paid until they have won a case, or reached a settlement.

Due to the serious and often catastrophic injuries that result from semi-truck accidents it's not a surprise that these cases are a huge business for the attorneys who litigate them. In this way, it's not uncommon to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking company is declared to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these crashes result in serious injuries or death. Insurance companies often undervalue the damage and injuries suffered by victims in these accidents. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these large insurance companies in order to obtain their clients the maximum settlements.

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

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they do not receive compensation until their case is resolved and they agree to a settlement with their client. In the meantime, they need to pay for 18 wheeler accident court costs, conduct depositions, hire experts and other specialists, travel and pay for any other expenses related to winning a case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed crashes. The impact of an 18 wheeler accident lawsuit-wheeler crash could be more serious due to its size and weight. The damages can also be higher.

In addition to the medical and 18 wheeler accident property damages that can result from a collision with an 18-wheeler victims could also be entitled to compensation for lost wages and grief caused by the death of loved ones. If you've suffered losses from a semi truck accident A personal injury lawyer can assist you in determining all of the compensation that you are entitled to receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs have to pay for things like travel to take depositions, pay experts to testify, and pay for costs for court, so they must get their clients' funds as quickly as they can. There are many ways for plaintiffs to get their money sooner after settlement. 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

There are many factors that affect the time required to settle an accident case that involves a truck. One of the major factors is the severity of your injuries. It is best to wait until your condition has improved to the maximum before making a decision on settlement. You may be able claim future losses, for example, lost wages or the lower quality of life. Your lawyer will have to present evidence to support your claims.

A dispute between the parties over the liability or damages could delay the settlement process. This can happen when multiple insurance companies are involved or the parties disagree on who is at fault.

An experienced truck accident lawyer can assist you in determining whether the insurance company offers you an amount that is fair and if it will cover your current and future damages. If the insurance company refuses to negotiate, it might be necessary to file a suit that could extend the time frame for the case. In certain instances it could take longer than a year to settle.

Settlement

There are a few things that could cause the longest time to settle an 18-wheeler lawsuit. The degree of the injuries and insurance considerations are two aspects that can affect the timeline. It can also take time for your doctor to document of permanent impairments that could affect your future losses. It is important that you not settle your claim for an accident too early as it can result in you not receiving the funds you'll need to recuperate your entire range of damages.

Plaintiff attorneys who litigate 18 wheeler accidents work on contingency fees. They don't get paid until they prevail or reach a settlement. This means they've to invest their own money to cover expenses for travel, court costs and expert witness costs all during the this case.

As you might imagine, this could add up quite a bit. Many plaintiff attorneys who are 18-wheelers utilize settlement cash advances or lawsuit loans to pay for their legal costs out of pocket. This allows them to get their money earlier.