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 a number of factors that can influence the length of time to settle.

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

What to Expect

The timeframe for settling in an 18 wheeler lawsuit is dependent on many factors such as the amount of liability and damages. If the parties involved in the collision are unable to reach an agreement about who is at fault, it could delay the process. In addition, if there are any disputes over evidence or witness testimony, it may take more time to resolve these issues.

Settlement amounts can vary greatly according to the severity of injuries, the insurance policy of the trucking company and the state or federal regulations that regulate commercial vehicles. Remember that plaintiff attorneys are paid on an on a contingency basis. This means they are not paid until they win a case or reach an agreement.

It's not a surprise that semi-truck accident cases are a lucrative business for lawyers. In this way, it's not uncommon for settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company has been found 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 or death. Often, 18 Wheeler Accident Attorney insurance companies will make it difficult for victims of these accidents with settlements that do not reflect the extent of their injuries and the damages. However, a good 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies in order to obtain their clients maximum settlements.

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

Plaintiff attorneys who handle 18 wheeler accident attorneys wheeler cases work on a contingency fee basis, meaning that they don't get paid until they succeed in their case and negotiate an agreement with their client. They must pay court fees and hire experts, as well as other specialists, travel and other expenses associated with winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially when they happen at high speeds. The effects of an 18-wheeler collision can be more intense due to its weight and size. This means that damages can be more severe as well.

In addition to the medical and property damages that result from an 18-wheeler collision victims could be able to claim compensation for the loss of wages and grief caused by the death of loved ones. If you've suffered losses in a semi truck accident, a personal injury attorney will help you determine all of the compensation you may be entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs need to pay for travel, depositions, expert witnesses and court costs. They must receive the money of their clients as quick as possible. There are ways that plaintiffs can receive their money faster following the settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for those who have suffered injuries and need to pay for their expenses while they await their settlement.

Timeline

There are many elements that determine the time it takes to settle a truck crash case. One of the most important factors is the severity of your injuries. It is essential to wait until you have reached the point of maximum medical improvement before making a decision to settle. You could be eligible to claim future losses, for example, loss of wages or a lower standard of life. Your attorney will need to provide evidence to back your claims.

Another reason that can delay the process of settlement is a dispute between two parties over liability or damages. This is often the case when multiple insurance companies are involved, or the parties do not agree on who was at fault.

A reputable truck accident lawyer will help you determine if the insurance company is offering an acceptable amount to settle your case and whether or not it will be able to cover all of your current and future losses. If the insurance company isn't willing to negotiate, you might need to file a lawsuit that could prolong the duration of the lawsuit. In some cases it could take at least a year to finish the case.

Settlement

There are many factors which can significantly extend the time frame required for an 18-wheeler lawsuit to reach a settlement. The severity of the injuries as well as insurance considerations are two of the factors that can impact the timeline. It could also take time for the documentation from your doctor to demonstrate permanent impairments, which could impact your future losses. Don't settle an accident claim too soon as this can leave you with no money to cover all damage.

Plaintiff attorneys who handle 18 wheeler accident lawyers wheeler-related accidents work on contingency fees. They don't get paid until they prevail or reach an agreement. This means they've had to put aside their own money to pay for the costs of court, travel, and expert witness expenses all during the course of the case.

As you could imagine, this can add up quite a bit. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called settlement cash advances) to cover their legal expenses out of pocket so that they can get the money they're owed sooner.