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

The time required to settle a trucking accident case can vary from case to case. The time frame for settlement could be affected by many factors.

It can take a long time to determine who is responsible for an accident. An attorney can help identify all the parties at fault and maximize the amount you receive.

What to Expect

The timeframe for settling of a lawsuit against an 18-wheeler depends on many factors, including the liability and damages. If the parties involved in the collision are unable to come to an agreement on responsibility, this could greatly delay the trial. If there are disputes over the evidence or testimony of witnesses, this can delay the case.

Based on the severity of the injuries, the amount of the trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff lawyers are paid on a contingency basis. This means that they do not get paid until they have won a case, or reached a settlement.

Due to the serious and often catastrophic injuries that result from accidents involving semi-trucks, it's not a surprise that these cases are a huge business for the lawyers who represent them. Settlements can reach millions of dollars in these cases. This is especially true if 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 truck crashes result in serious injuries or death. The majority of insurance companies lowball the victims of these accidents with settlements that do not reflect the full extent of their injuries and the damages. However, a skilled attorney for accidents involving 18 wheeler Accident lawsuits wheels can level the playing field and negotiate with these huge insurance companies to get their clients the maximum settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for several types of damages, such as economic and non-economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering and emotional distress, disfigurement, and diminished quality of life.

Attorneys who represent plaintiffs in 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 for their client. They must pay court fees and hire experts, as well as other specialists, travel and other costs associated in winning the case.

Damages

18-wheeler accidents can result in serious injuries, especially if they occur at a high speed. Due to the weight and size of these trucks, the impact could be even more devastating than a typical motor vehicle crash. This means that the damage could be more extensive as well.

In addition to the physical and medical damage that may result from an 18 wheeler accident attorneys-wheeler accident, victims can also receive compensation for their lost wages and the grief caused by the loss of a loved one. If you have experienced loss as a result of a semi truck accident an attorney for personal injury can help you determine the amount of the compensation you could be entitled receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs have to pay for travel expenses to take depositions, pay expert witnesses, and cover court costs, which is why they require their clients' money as soon as possible. There are a variety of ways for plaintiffs to get their money faster following the settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. These are a great way for 18 Wheeler accident lawsuits injured parties to pay expenses while waiting on their settlement.

Timeline

There are many factors that influence the time it takes to settle a truck crash case. The severity of your injuries is an important factor. You should wait until your condition has improved to the maximum before settling. This is because you may be able to claim future losses such as lost wages or a diminished quality of life. In addition, your attorney will require evidence to prove these claims.

A dispute between two parties over the amount of liability or damages can prolong the settlement process. This can occur when there multiple insurance companies involved or when the parties disagree on who is responsible for the accident.

A skilled truck accident lawyer can help you determine whether the insurance company is providing you with an adequate amount to settle your case and whether or the insurance company will take care of all your current and future losses. If the insurance company refuses to negotiate, it could be required to file a lawsuit which could prolong the time frame for the case. In some cases it could take up to a year or more solve the issue.

Settlement

There are many things which can significantly extend the time it takes for an 18-wheeler lawsuit to settle. This includes the severity of injuries and the insurance implications. It can also take time for your doctor to document of permanent impairments that could affect your future losses. It is important that you never settle your claim in a hurry, as it may result in you not receiving the funds you'll need to recuperate your entire range of damages.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fees. They aren't paid until they win their case or reach an agreement. This means that they've had to spend their own money to cover expenses for travel, court costs and expert witness fees all during the the case.

As you might imagine, this could add up quite a bit. A lot of plaintiff attorneys with 18 wheeler accident attorneys wheels employ settlement cash advances, or lawsuit loans to cover the legal expenses they incur out of pocket. This allows them to get their money earlier.