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

The time required to settle a trucking crash situation can differ from case to case. The time frame for settlement could be affected by a number factors.

For instance, it could take a while to determine who is responsible for the accident. A lawyer can help identify all the liable parties and maximize the settlement.

What to Expect

The time frame for settlement of an 18-wheeler lawsuit depends on a variety of factors, including the liability and damages. If the participants in the crash are unable to come to an agreement on who is at fault, it could delay the case. If there are any disputes over evidence or witness testimony, it may take more time to resolve these issues.

Depending on the extent of the injuries, as well as the size of the trucking company's insurance policy and any existing federal or state regulations for commercial vehicles, settlement amounts can differ widely. It is important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid until they win or reach a settlement in the case.

Due to the serious and often fatal injuries that can result from semi-truck accidents it's no surprise that these types of cases are a huge business for the attorneys who litigate them. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking firm has been considered to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these crashes result in serious injuries and even death. Insurance companies often underestimate the injuries and damages of victims in these accidents. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to get their clients the maximum settlements.

In a lawsuit brought against an 18-wheeler, the defendants may be held responsible for economic and noneconomic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering as well as emotional distress, disfigurement and diminished quality of living.

Plaintiff attorneys who litigate 18 wheeler accidents wheeler cases work on a contingency fee basis, which means they don't get paid until they succeed in their case and negotiate a settlement for their client. In the meantime, they need to pay for court costs, conduct depositions, employ experts and other specialists, travel, and pay for other expenses associated with winning a case.

Damages

18-wheeler accidents can result in serious injuries, particularly if they occur at a high speed. The effects of an 18-wheeler collision can be more intense because of its weight and size. This means that the damage could be more extensive as well.

In addition to the physical and medical damage that may result from an 18 wheeler crash victims can also claim compensation for the loss of their income and the grief caused by the loss of loved ones. If you have experienced losses from a semi truck accident, a personal injury lawyer can assist you in determining all of the compensation that you could be entitled to receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs must pay for travel expenses to take depositions, pay expert witnesses, and pay court costs, which is why they require their clients' money as soon as possible. There are many ways that plaintiffs can receive their money faster after settlement. These are known as post settlement advances or lawsuit loans. They are a great choice for injured parties who require to pay for their expenses while waiting for their settlement.

Timeline

There are a myriad of factors that affect the time it takes to settle a truck crash case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to its maximum before making a decision on settlement. This is because you could be entitled to claim future losses, such as lost wages or a diminished quality of life. Your attorney will require evidence to support these claims.

A dispute between two parties over the liability or damages could delay the settlement process. This is often the case when there multiple insurance companies involved, 18 wheeler accident attorney or if the parties are arguing about the who was responsible for the incident.

A skilled truck accident lawyer will help you determine if the insurance company is offering you an adequate 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 need to file a lawsuit which could extend the time frame of the case. In some instances, it could take a year or more to resolve the case.

Settlement

There are a few elements that can make it take the longest time to settle a lawsuit involving an 18 wheeler accident lawsuit-wheeler. This includes the severity of injuries and the insurance considerations involved. It could take some time for your doctor's report to reveal permanent impairments that could affect your future losses. Do not settle a claim arising from an accident too early, as this could result in you not having enough money to cover your full range damage.

Plaintiff attorneys who take on 18-wheeler collisions are paid on a basis of contingency fees and are not paid until they prevail or reach a settlement. This means that they've to pay for their own money to cover expenses for travel, 18 wheeler accident attorney court costs and expert witness expenses all during the the case.

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