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

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

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

What to Expect

The timeline for a settlement of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including liability and damages. If the parties involved in the collision are unable to come to an agreement about who is at fault, it could delay the process. If there is a dispute over the credibility of witnesses or evidence of witnesses, it could delay the case.

Depending on the extent of the injuries, the size of the trucking company's insurance policy and existing state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to note that plaintiff attorneys work on a contingency fee basis, meaning they don't get paid until they prevail or settle a case.

Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are lucrative for the attorneys who litigate them. Settlements can be as high as millions of dollars in these cases. This is particularly true when the trucking company has been considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these crashes result in serious injuries and even death. Insurance companies often underestimate the injuries and damages suffered by victims in these accidents. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies in order to obtain their clients maximum settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means they don't receive any money until they prevail and agree to a settlement for their client. They must pay court fees and hire experts, 18 wheeler accident Attorney as well as other specialists, travel and other costs associated with winning the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed accidents. The impact of an 18-wheeler accident could be more intense because of its weight and size. This means that the damages could be greater as well.

In addition to medical and property damages that can result from a collision with an 18-wheeler victims could also be entitled to compensation for the loss of earnings and grief caused by the death of loved ones. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if were a victim of an accident involving a semi-truck.

The costs of litigation can be quite high. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses and court costs. They must receive the money of their clients as soon as they can. There are 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 injured parties to cover expenses while waiting for their settlement.

Timeline

There are a myriad of 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 have reached maximum medical improvement before making a decision to settle. This is because you may be in a position to claim future losses such as lost wages or a diminished quality of life. Your attorney will require evidence to prove these claims.

A dispute between two parties over the amount of liability or damages can delay the settlement process. This is often the case when multiple insurance companies are involved or the parties are not able to agree on who is at fault.

A reputable truck accident attorney can help you determine whether the insurance company offers you an amount that is fair and if it will cover future and present damages. If the insurance company is not willing to negotiate, you might require a lawsuit, which can lengthen the duration of the lawsuit. In some cases it could take a year or more to settle the case.

Settlement

There are several factors that could cause a long time to settle an 18-wheeler lawsuit. The extent of the injuries and insurance considerations are two of the factors which can influence the length of time. It could also take time for your doctor's records to demonstrate permanent impairments, which could affect the future loss you suffer. It is vital to not settle your claim for an accident in a hurry, as it may leave you without the money you'll need to recuperate your full range of damages.

Plaintiff attorneys who litigate 18 wheeler accident lawsuit wheeler-related accidents work on contingency fee and don't get paid until they succeed in their case or negotiate an agreement. This means they've had to spend their own money to pay for the costs of court, travel, and expert witness fees all during the course of this case.

As you are able to imagine, this can be quite costly. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also called settlement cash advances) to cover their legal costs out-of-pocket in order to receive the money they're owed sooner.