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

The time it takes to settle a trucking accident case can vary from case to case. There are a number of factors that could affect the time frame of settlement.

For instance, it may take time to determine who is accountable for the accident. A lawyer can assist you identify all the parties at fault and Lawsuits maximize the amount you receive.

What to Expect

The time frame for settling in a lawsuit against an 18-wheeler is based on a variety of factors including the amount of liability and damages. If the participants in the crash are unable to come to an agreement on the who is at fault, it could delay the process. If there is disagreement about the evidence or testimony of witnesses, this can delay the proceedings.

Settlement amounts vary depending on the extent of injuries and the insurance policy of the trucking firm and the current state or federal regulations that regulate commercial vehicles. It's important to remember that plaintiff attorneys are paid on a contingency basis, which means they don't get paid until they prevail or settle a case.

Because of the severe and often catastrophic injuries that result from semi-truck accidents it's not a surprise that these cases are huge business for 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 declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year involving 18-wheelers. Many of these truck accidents cause serious injuries or even death. Insurance companies tend to undervalue the injuries and damages of the victims in these accidents. However, a skilled attorney for 18 wheeler accidents can level the playing field and Lawsuits negotiate with these massive insurance companies in order to obtain their clients the highest settlements.

In a lawsuit brought against an 18-wheeler, the defendants may be held liable for non-economic and economic damages. The economic damages can be medical expenses, lost wages and future earnings. Non-economic losses include pain and suffering as well as emotional distress, disfigurement, and a diminished quality of life.

Plaintiff attorneys who handle 18 wheeler accident lawyer 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. In the meantime, they need to pay for court costs, conduct depositions, hire experts and other specialists, travel, and pay for any other expenses associated with winning the case.

Damages

18-wheeler accidents can cause serious injuries, particularly when they occur at high speed. The impact of an 18-wheeler accident could be more severe due to its weight and size. The damage can be more extensive.

In addition to the physical and medical damage that could result from an 18-wheeler crash victims can also claim compensation for their lost earnings and the pain caused by the loss of a loved one. If you've suffered losses as a result of a semi-truck accident, a personal injury attorney can help you determine all of the compensation that you could be entitled receive.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for travel expenses for depositions, travel to court, hire expert witnesses, and cover court costs, which is why they need their clients' funds as quickly as they can. There are many ways that plaintiffs can receive their funds faster after a settlement. These are referred to as post settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that affect the length of time required to settle a case which involves the truck. The severity of your injuries is the primary factor. It is important to wait until you have reached your maximum level of medical improvement before settling. This is because you could be able to claim future losses, such as lost wages or diminished quality of life. Additionally, your attorney will require evidence to prove these claims.

A dispute between two parties over the liability or damages could delay the settlement process. This can occur when multiple insurance companies are involved or the parties disagree about who was at fault.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is offering you a fair amount for your claim and whether or it will cover all of your future and current losses. If the insurance company is unwilling to compromise, it could be required to file a lawsuit, which could extend the timeline for the case. In some instances the case could take more than a year to resolve.

Settlement

There are a few elements that can cause some time to settle a lawsuit involving an 18-wheeler. This is due to the severity of the injuries and the insurance considerations that are involved. It may also take some time for your doctor's report to reveal permanent impairments that could impact your future losses. Don't settle a claim for an accident too quickly as it may result in you not having enough money to cover your full range damages.

Plaintiff attorneys who take on 18 wheeler accident law firms-wheeler accidents are compensated on a contingency basis and do not get paid unless they win or agree to a settlement. They are responsible for court costs as well as travel expenses and expert witness fees during the process of a case.

As you can imagine this can add up to a quite a lot. Many 18-wheeler plaintiff lawyers use settlement cash advances or lawsuit loans to offset their out-of pocket legal expenses. This lets them get their money earlier.