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

The amount of time required to settle a trucking accident case can vary from case to case. There are many factors that could affect the speed of settlement.

For instance, it could take some time to determine who is responsible for the accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The timeframe for settling of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the amount of liability and damages. The case may be delayed if the parties involved in the accident cannot agree on the fault. Furthermore, if there is any disagreements over witness testimony or evidence and testimony, it could take longer time to resolve these issues.

Settlement amounts can differ greatly dependent on the severity of injuries, the insurance policy of the trucking company and the current federal or state regulations that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on an on a contingency basis. This means that they don't get paid until they win a case or reach a settlement.

Due to the serious and often fatal injuries that can result from semi-truck accidents, it's not a surprise that these cases are lucrative for the lawyers who handle them. Settlements can reach millions of dollars in these cases. This is especially true if the trucking company is declared to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. A lot of these accidents result in serious injuries and even death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, a skilled 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 responsible for several types of damages including economic and non-economic damages. Economic damages could be a result of medical bills, lawsuit wages lost and future earnings. Non-economic damages may include suffering and pain as well as emotional distress, disfigurement, and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis. This means that they don't get paid until the case is settled and they settle with their client. They must pay court costs and hire experts, as well as other specialists, travel, and other costs associated with winning the case.

Damages

18 wheeler accidents can result in serious injuries, especially if they are high-speed crashes. The consequences of an accident involving an 18-wheeler is more intense due to its size and lawsuit weight. The damage could be more extensive.

In addition to the medical and property damage that can result from an 18 wheeler crash victims can also claim compensation for their lost income and the grief caused by the loss of a loved one. A personal injury lawyer can assist you to determine the total amount you are entitled to if are suffering losses as a result of the crash of a semi-truck.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for things like travel and depositions, as well as hire experts as witnesses, and pay court costs, so they must receive their clients' money as fast as possible. There are many ways that plaintiffs can receive their money faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great way for injured parties to pay expenses while waiting on their settlement.

Timeline

There are many factors that influence how long it takes to settle a truck crash case. The most important factor is the severity of your injuries. It is important to wait until you have reached your maximum level of medical improvement before settling. This is due to the fact that you may be in a position to claim future losses such as lost wages and diminished quality of life. In addition, your attorney will require evidence to prove these claims.

Another reason that can delay the settlement process is a dispute between parties about liability or damages. This can often happen when there are several insurance companies involved or the parties are arguing about who was at fault for the incident.

A reputable truck accident lawyer can help you determine whether the insurance company is offering you an appropriate amount to settle your case and whether or the insurance company will take care of all your current and future losses. If the insurance company is unwilling to negotiate, it could be required to file a lawsuit which could prolong the time frame for the case. In some instances the case could take more than a year to resolve.

Settlement

There are a few things which can cause the longest time to settle a lawsuit involving an 18-wheeler. The degree of the injuries and insurance considerations are two factors that could affect the timeframe. It can also take time for your doctor to document of permanent impairments that could impact your future losses. It is vital to never settle your accident claim too early because it could result in you not receiving the funds you'll need to recuperate your full range of damage.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a basis of contingency fees and do not get paid until they win or agree to an agreement. This means they have had to put aside their own money to cover expenses for travel, court costs and expert witness expenses throughout this case.

As you might imagine, this could be quite costly. Many plaintiff attorneys who are 18 wheeler accident lawsuit-wheelers use settlement cash advances or lawsuit loans to pay for the legal expenses they incur out of pocket. This allows them to receive the funds earlier.