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

The time needed to settle a trucking accident instance can vary from case to case. There are many factors that can influence the length of time to settle.

It could take an extended time to determine who is accountable for an accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The timeline for a settlement of a lawsuit against an 18-wheeler depends on a variety of factors, including the amount of liability and damages. The case can be delayed if the parties in the accident cannot agree on the cause of the accident. In addition, if there are any disagreements regarding witness testimony or evidence the process could take longer time to solve these issues.

Settlement amounts vary according to the severity of injuries, the insurance policy of the trucking company, and the existing state or federal regulations that regulate commercial vehicles. It is important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning they don't receive compensation unless they win or reach a settlement in a case.

Due to the serious and often catastrophic injuries that result from semi-truck accidents it's no surprise that these types of cases are big business for the lawyers who handle them. As such, it's not common for settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. Many of these accidents cause serious injuries and even death. The majority of insurance companies reduce the victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to get their clients the highest settlements.

The defendants in an 18 wheeler accident wheeler lawsuit may be held liable for several types of damages, including economic and non-economic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Non-economic damages include pain and suffering as well as emotional distress, disfigurement, and diminished quality of living.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means that they don't receive any money until they succeed in their case and negotiate an agreement with their client. They must pay court costs as well as hire experts, other specialists, travel, and other costs associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed accidents. The effects of an 18-wheeler collision is more severe because of its size and weight. This means that damages can be more severe as well.

In addition to the medical and property damages that can be caused by an 18-wheeler accident, victims can also receive compensation for their lost income and the grief caused by the loss of loved ones. A personal injury lawyer can help determine the maximum amount of compensation you are entitled to if have suffered losses as a result of a semi truck crash.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs need to pay for travel, depositions, expert witnesses, and court costs. They must get the money of their clients as quick as they can. There are ways that plaintiffs can receive their money faster following an agreement. These are referred to as post settlement advances or lawsuit loans. They are a great option for those who have suffered injuries and need to pay for their expenses while waiting for their settlement.

Timeline

Many factors influence the length of time required to settle a case with the truck. One of the most important factors is the severity of your injuries. It is best to wait until your condition has improved to its maximum before settling. This is because you could be in a position to claim future losses such as lost wages or diminished quality of life, and your attorney will need evidence to prove these claims.

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

A reputable truck accident attorney will help you determine if the insurance company provides you with an acceptable amount and 18 wheeler accident attorney if it will pay for future and current damages. If the insurance company is not willing to compromise, you may need to file a lawsuit, which can lengthen the timeline of the case. In some instances it could take up to a year or 18 wheeler accident attorney more resolve the case.

Settlement

There are a few factors that could cause a long time to settle a 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance implications. It could take time for your doctor to provide documentation of permanent impairments that could impact your future losses. It is vital to not settle your claim for an accident too early, as it could leave you without the money you'll need to cover the full range of injuries.

Plaintiff attorneys who take on 18-wheeler crashes are paid on a contingency basis and do not get paid unless they win or agree to a settlement. This means that they've to invest their own money to cover the costs of court, travel, and expert witness expenses during the course of this case.

As you can imagine, this can add up to a quite a lot. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also known as settlement cash advances) to pay for their legal costs out-of-pocket so that they can get the money that they are owed sooner.