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

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

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

What to Expect

The timeline for a settlement in a lawsuit involving an 18-wheeler is based on a variety of factors which include liability and damages. The case can be delayed if the parties to the collision cannot reach an agreement on who is responsible. If there is disagreement regarding the evidence or the testimony of witnesses, this could 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. It's important to remember that plaintiff attorneys are paid on a contingency basis, meaning that they don't get paid until they prevail or reach a settlement in a case.

Because of the severe and often fatal injuries that result from semi-truck accidents, it's no surprise that these types of cases are a huge business for the lawyers who handle them. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18 wheeler accident-wheelers. Many of these truck accidents result in serious injuries and even death. Insurance companies often underestimate the damage and injuries suffered by victims in these accidents. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the maximum settlements.

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

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they don't get paid until the case is settled and they negotiate a settlement with their client. They are required to pay court costs and hire experts, as well as other specialists, travel, 18 Wheeler Accident Attorney and other expenses that go along with winning the case.

Damages

18 wheeler accidents can lead to severe injuries, especially when they're high-speed accidents. Due to the size and weight of these trucks, the impact of an accident can be even more devastating than a typical motor vehicle crash. The damages could also be greater.

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

Litigation can be expensive. Plaintiff attorneys need to pay for travel expenses for depositions, travel to court, hire experts to testify, and pay for costs for court, so they must get their clients' money as fast as possible. There are several ways plaintiffs can receive their funds quicker after settlement. These are referred to as post settlement advances or lawsuit loans. They are a great method for injured parties to cover expenses while waiting for their settlement.

Timeline

There are many factors that contribute to the time it takes to settle a truck crash case. One of the most important factors is the severity of your injuries. It is essential to wait until you've reached the point of maximum medical improvement before making a decision to settle. You may be able claim future losses, including lost wages or diminished quality of living. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties about the liability of either party can prolong the settlement process. This can often happen when there are several insurance companies involved, or if the parties are disputing who was responsible for the incident.

A skilled truck accident lawyer can help you determine if the insurance company is offering you an appropriate 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 is not willing to compromise, you may need to file a lawsuit which could extend the time frame of the case. In some cases, the case could take longer than a year to settle.

Settlement

There are a few factors which can cause a long time to settle a lawsuit involving an 18-wheeler. The degree of the injuries and insurance considerations are two of the factors which can influence the length of time. It could take time for your doctor to document of permanent impairments that could impact your future losses. It is important that you never settle your claim too early, as it could leave you without the money you're entitled to for your full range of injuries.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents work on contingency fees and don't get paid until they are successful or reach an agreement. This means that they've had to put aside their own money to pay for court costs, travel and expert witness costs all during the this case.

As you are able to imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also called settlement cash advances) to pay for their legal expenses out of pocket to be able to collect the money they are owed sooner.