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

The amount of time required to settle a trucking crash case can vary from case to case. The timeframe for settlement can be affected by several factors.

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

What to Expect

The timeframe for settling in a lawsuit against an 18 wheeler accident lawsuit-wheeler is dependent on many factors such as the liability and damages. If the parties involved in the accident are not able to reach an agreement on who is at fault, it could delay the proceedings. If there are disagreements over the credibility of witnesses or evidence of witnesses, this could delay the proceedings.

Settlement amounts vary according to the severity of injuries and the insurance policy of the trucking company, and the existing laws and regulations of the federal or state that govern commercial vehicles. Remember that plaintiff lawyers are paid on the basis of a contingency. This means they don't get paid until they succeed in winning a case or reach a settlement.

Due to the serious and often fatal injuries that can result from semi-truck accidents, it's not surprising that these cases are big business for the lawyers who handle them. Settlements can be as high as millions of dollars in these cases. This is particularly true when the trucking company has been declared to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these accidents cause serious injuries or even death. Most often, insurance companies reduce the victims of these accidents with settlement offers that do not reflect the extent of their injuries and damages. A skilled 18-wheeler accident lawyer can negotiate with large insurance companies and get the best settlement for their clients.

The defendants in a lawsuit involving an 18-wheeler could be held accountable for various damages, including non-economic and economic damages. The economic damages can be medical bills, lost wages, and future earnings. Other damages include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they are successful and can negotiate an agreement with their client. In the meantime, they need to cover court costs, take depositions and lawyers hire experts, other specialists, travel and pay for other costs required to win the case.

Damages

18 wheeler accidents can lead to severe injuries, especially if they are high-speed crashes. The consequences of an accident involving an 18-wheeler could be more intense due to its weight and size. This means that the damages could be more severe as well.

In addition to medical and property damages that may result from a collision with an 18-wheeler, victims may be able to claim compensation for lost wages and grief caused by the loss of loved ones. A personal injury lawyer can help determine the full compensation you are entitled to if have suffered losses due to an accident involving a semi truck.

It's no secret that litigation is expensive. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses and court costs. They must receive the money of their clients as quick as they can. There are a variety of ways plaintiffs can receive their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to pay expenses while they wait on their settlement.

Timeline

There are a variety of factors that contribute to the time it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. You may be able to claim future losses, Lawyers including lost wages or the lower quality of life. Your attorney will need to present evidence to support your claims.

Another reason that could delay the process of settlement is a dispute between parties about liability or damages. This could happen when several insurance companies are involved or the parties do not agree on who is at fault.

A skilled truck accident lawyer can assist you in determining if the insurance company is offering you an appropriate amount for your claim and whether or it will cover all of your future and current losses. If the insurance company refuses to negotiate, it may be required to file a lawsuit which could prolong time for the case. In some cases it could take an entire year or more to settle the case.

Settlement

There are a few factors which can cause the longest time to settle a lawsuit involving an 18-wheeler. The degree of the injuries and insurance considerations are two elements that can impact the timeline. It can also take time for your doctor to document of permanent impairments that could impact your future losses. Don't settle an injury claim too quickly, as it could leave you without money to cover all damages.

Attorneys representing plaintiffs who litigate in 18-wheeler crashes are paid on a contingent fee basis and do not get paid unless they win or reach an agreement. This means they've to invest their own money to cover court costs, travel, and expert witness expenses all during the course of the case.

As you can imagine, this could add up to a lot. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket to be able to collect the money they're owed sooner.