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

The time it takes to settle a truck crash situation varies from case to the next. The timeline for settlement can be affected by many factors.

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

What to Expect

The time frame for settling of a 18-wheeler lawsuit is dependent on many factors including the amount of liability and damages. The case may be delayed if parties to the collision are not able to agree on the fault. If there is disagreement over the credibility of witnesses or evidence of witnesses, this can delay the proceedings.

Based on the severity of the injuries, the scope of the insurance policy of the trucking company and the current state or federal regulations governing commercial vehicles, settlement amounts can vary widely. Remember that plaintiff attorneys are paid on the basis of contingency. This means that they are not paid until they are successful in a case or agree to a settlement.

Due to the serious and often catastrophic injuries that result from semi-truck accidents, it's no surprise that these cases are lucrative for the lawyers who handle them. Settlements can be as high as millions of dollars in these cases. This is especially true if the trucking company is declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. A lot of these truck accidents cause severe injuries and even death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. A reputable 18 wheeler accident attorneys wheeler accident lawyer can negotiate with large insurance companies and negotiate the most favorable settlement for their clients.

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

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means that they aren't paid until they prevail and agree to a settlement for their client. In the meantime, they need to pay court costs, attend depositions, engage experts and other specialists, travel and pay for other expenses related to winning a case.

Damages

18 wheeler accident lawsuits (you can try this out) wheeler accidents can result in severe injuries, especially in high-speed collisions. Due to the weight and size of these trucks, the impact of an accident can be more severe than a normal motor vehicle accident. This means that the damage could be more severe as well.

In addition to the property and medical damages that can be caused by an 18 wheeler crash victims can also receive compensation for lost wages and the grief caused by the loss of a loved one. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to when you were a victim of a semi truck crash.

It's not a secret that litigation is expensive. Attorneys representing plaintiffs need to pay for travel, depositions expert witnesses and court costs. They must get the money of their clients as soon as they can. There are several ways plaintiffs can receive their funds more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent option for those injured and need to cover their expenses while waiting for their settlement.

Timeline

Many factors influence the the time it takes to settle an accident case that involves trucks. One of the major factors is the severity of your injuries. It is important to wait until you have reached the point of maximum medical improvement before making a decision on settlement. You may be able to claim future losses, including lost wages or the lower quality of life. Your attorney will need to provide evidence to back your claims.

Another factor that can lengthen the process of settlement is a dispute between two parties about liability or damages. This could happen when several insurance companies are involved, 18 wheeler Accident lawsuits or the parties are not able to agree on who was at fault.

A reputable lawyer for truck accidents can help you determine whether the insurance company is offering you 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 may have to file a lawsuit that could prolong the timeline of the case. In certain cases the case may take more than a year for the resolution.

Settlement

There are several things which can significantly extend the timeline it takes for an 18 wheeler lawsuit to settle. The extent of the injuries and insurance considerations are two aspects that can impact the timeline. It may also take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. It is vital to not settle your claim for an accident in a hurry, as it may result in you not receiving the funds you need to recover for the full extent of your damage.

Plaintiff attorneys who handle 18 wheeler-related accidents work on contingency fee and don't get paid until they succeed in their case or negotiate a settlement. They are required to pay court costs and travel expenses as well as expert witness fees during the process of a case.

As you can imagine this can add up to a quite a lot. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also known as settlement cash advances) to pay for the legal costs they incur out of pocket to be able to collect the money they're owed sooner.