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

The time it takes to settle a truck accident case varies from one case to the next. There are many factors that can influence the speed of settlement.

It could take several months to determine who is accountable for an accident. A lawyer can help identify all the liable parties and maximize the amount you receive.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors including the amount of liability and damages. If the parties involved in the accident are unable to come to an agreement on the fault, this can greatly delay the process. If there is disagreement over the evidence or testimony of witnesses, this can also delay the case.

Depending on the extent of the injuries, the amount of the trucking company's insurance policy and the current state or federal regulations governing commercial vehicles, settlement amounts may vary widely. Remember that plaintiff lawyers are paid on the basis of a contingency. This means that they do not get paid until they win a case or reach a settlement.

It's not surprising that semi-truck accident cases are a major source of revenue for attorneys. As such, it's not unusual for settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking firm has been considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. A lot of these accidents result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to secure their clients maximum settlements.

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

Plaintiff attorneys who litigate in 18 wheeler cases are compensated on a contingent basis. This means that they won't get paid until the case is settled and they settle with their client. They must pay court costs, hire experts, other specialists, travel, and other expenses associated in winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially if they happen at high speeds. The consequences of an accident involving an 18-wheeler is more than normal due to its weight and size. The damages can also be more extensive.

In addition to medical and property damages that may result from an 18-wheeler collision victims could be able to claim compensation for the loss of wages and grief that is caused by the loss of loved ones. A personal injury lawyer can assist you to determine the full compensation you are entitled to if you have suffered losses due to a semi truck crash.

The cost of litigation can be high. Attorneys representing plaintiffs must pay for things like travel to take depositions, pay experts to testify, and pay for court costs, which is why they must get their clients' funds as quickly as possible. There are many ways that plaintiffs can receive their money more quickly after a settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to pay expenses while waiting for their settlement.

Timeline

There are many factors that affect the time it takes 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 the maximum before making a decision on settlement. You may be able to claim future losses, for example, 18 wheeler accident attorney lost wages or diminished quality of living. Your lawyer will have to present evidence to support your claims.

Another reason that could delay the settlement process is a dispute between parties over liability or damages. This can occur when there multiple insurance companies involved or when the parties are arguing over who was at fault for the incident.

A reputable truck accident lawyer can help you determine if the insurance company is offering you a fair amount for your claim and 18 wheeler Accident attorney whether or it will be able to cover all of your current and future losses. If the insurance company is unwilling to negotiate, it could be necessary to file a lawsuit that could extend the time frame for the case. In some instances it could take longer than a year to resolve.

Settlement

There are a variety of factors which can significantly extend the timeline it takes for an 18 wheeler accident lawsuits wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two factors which can influence the length of time. It could also take time for your doctor's records to show permanent impairments which could affect the future loss you suffer. It is important that you not settle your claim for an accident in a hurry, as it may result in you not receiving the funds you'll need to recuperate your full range of injuries.

Attorneys who represent plaintiffs in 18 wheeler accident lawyer wheeler-related accidents work on contingency fee and don't get paid until they win their case or reach an agreement. They have to pay for court costs and travel expenses as well as expert witness fees throughout the trial.

As you can imagine this can add up to quite a large amount. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also called 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.