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

The time required to settle a truck accident case differs from one to the next. The timeline for settlement can be affected by a number factors.

For instance, it might take time to determine who is accountable for the accident. A lawyer can help determine the responsible parties 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 possibility of liability and damages. The case may be delayed if the parties to the collision are not able to agree on fault. In addition, if there are any disagreements regarding witnesses' testimony or evidence or testimony, it could take more time to solve these issues.

Based on the severity of the injuries, the scope of the trucking company's insurance policy and the current state or federal regulations for commercial vehicles, 18 wheeler accident attorney settlement amounts may vary widely. Remember that plaintiff lawyers are paid on a contingency basis. This means that they do not get paid until they succeed in winning a case or reach an agreement.

It's not too surprising that semi-truck accidents are a big business for lawyers. Therefore, it's not unusual to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company is considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries and even death. Often, insurance companies will lowball the victims of these accidents with settlements that do not reflect the extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to ensure that they offer their clients the highest settlements.

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

Plaintiff attorneys who handle 18 wheeler accident attorneys wheeler cases are paid on a contingency basis, which means they don't get paid until they are successful and can negotiate an agreement for their client. In the meantime, they have to cover court costs, take depositions, hire experts and other specialists, travel and pay for any other expenses associated with winning a case.

Damages

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

In addition to the property and medical damage that could result from the crash of an 18 wheeler victims can also receive compensation for the loss of their wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can help you determine the total amount you are entitled to when you were a victim of an accident involving a semi-truck.

Litigation can be expensive. Attorneys representing plaintiffs must pay for things like travel to take depositions, pay experts to testify, and pay for costs for court, so they need their clients' money as soon as they can. There are many ways that plaintiffs can receive their money faster following a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for injured parties who need to pay for their expenses while they await their settlement.

Timeline

A variety of factors affect the amount of time required to settle a case with trucks. The severity of your injuries is an important factor. You should wait until your medical condition has improved to its maximum before settling. You may be able claim future losses, including reduced wages or a decrease in the quality of life. Your attorney will need to prove your claims.

A dispute between the parties regarding the amount of liability or damages can prolong the settlement process. This is often the case when multiple insurance companies are involved or the parties disagree on who was at fault.

A qualified attorney for truck accidents will help you determine if the insurance company provides you with a fair amount and if it will cover future and present damages. If the insurance company is unwilling to negotiate, it may be necessary to file a suit which can extend the timeline for the case. In certain instances it could take longer than a year for the resolution.

Settlement

There are several things which can significantly extend the time frame required for an 18-wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance considerations that are involved. It may also take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. It is essential to never settle your claim too early, as it could leave you without the money you need to recover for the full range of damage.

Plaintiff attorneys who handle 18 wheeler crashes work on contingency fee and don't get paid until they prevail or reach an agreement. This means that they've to pay for their own money to cover expenses for travel, court costs and expert witness expenses throughout the case.

As you can imagine this can add up to quite a large amount. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also known as lawsuit loans or settlement cash advances) to help offset the legal costs they incur out of pocket in order to receive the money that they are owed sooner.