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

The time it takes to settle a truck accident case varies from one case to the next. There are many factors that can influence the length of time to settle.

It could take some time to determine who is responsible for an accident. A lawyer can help identify the parties responsible and maximize the settlement.

What to Expect

The timeline for a settlement of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including the possibility of liability and damages. The case may be delayed if the parties involved in the accident cannot reach an agreement on who is responsible. If there are disputes about the evidence or testimony of witnesses, this can delay the trial.

Depending on the extent of the injuries, the scope of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles, settlement amounts can be wildly different. It's important to note that plaintiff attorneys are paid on a contingency basis, meaning that they don't receive compensation unless they win or reach a settlement in the case.

It's not surprising that semi-truck accident cases are a major source of revenue for lawyers. It's common for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company has been considered to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these accidents result in serious injuries and even death. Insurance companies often undervalue the injuries and damages of victims in these accidents. However, a skilled attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these large insurance companies to get their clients the most lucrative settlements.

The defendants in a lawsuit against an 18 wheeler accident lawsuit-wheeler may be held liable for several types of damages including economic and non-economic damages. Economic damages could include medical bills, lawyers lost wages or future earnings. Non-economic damages could include emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they won't get paid until their case is won and they settle with their client. They have to pay court costs and hire experts, as well as other specialists, travel and other expenses associated with winning the case.

Damages

18-wheeler accidents can lead to serious injuries, especially when they occur at a high speed. The effects of an 18-wheeler collision could be more intense due to its weight and size. The damages can also be more extensive.

In addition to the physical and medical damage that may result from an 18-wheeler accident victims can also claim compensation for their lost wages and the grief caused by the loss of a loved one. A personal injury lawyer can help determine the full compensation you can receive if you have suffered losses as a result of an accident involving a semi-truck.

It's no secret that litigation can be costly. Plaintiff attorneys need to pay for travel expenses to take depositions, pay expert witnesses, and pay costs for court, so they require their clients' money as fast as possible. There are a variety of ways that plaintiffs can receive their funds quicker after a settlement. These are known as post settlement advances or lawsuit loans. These are a great way for injured parties to pay expenses while waiting on their settlement.

Timeline

A variety of factors affect the time it takes to settle a case which involves trucks. The severity of your injuries is a significant factor. It is best to wait until your condition has improved to its maximum before settling. You could be eligible for future losses, including lost wages or diminished quality of life. Your attorney will need to present evidence to support your claims.

A dispute between two parties over the liability or damages could delay the settlement process. This can occur when there are multiple insurance companies involved or when the parties are arguing about who was at fault for the incident.

A reputable truck accident lawyer can assist you in determining if the insurance company is providing you with a fair amount for your case, and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company isn't willing to negotiate, you might need to file a lawsuit and this can extend the duration of the lawsuit. In some instances, the case could take longer than a year to settle.

Settlement

There are a few factors that can make it take an extended time to settle a lawsuit against an 18-wheeler. The severity of the injuries as well as insurance considerations are two elements that can impact the timeline. It may also take a while for your doctor to provide documentation of permanent impairments that could affect your future losses. It is vital to not settle your claim for an accident too early as it can leave you without the money you'll need to recuperate the full range of damages.

Attorneys representing plaintiffs who litigate in 18-wheeler accidents are paid on a basis of contingency fees and are not paid until they win or negotiate a settlement. This means that they've to pay for their own money to cover expenses for travel, court costs and expert witness expenses during the course of this case.

As you can imagine this can add up to quite a large amount. Many 18-wheeler plaintiff lawyers use settlement cash advances or lawsuit loans to pay for the legal expenses they incur out of pocket. This lets them get their money earlier.