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 a number of factors that affect the length of time to settle.

For instance, it might take time to establish who is accountable for the accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The time frame for settlement of a 18-wheeler lawsuit is dependent on a myriad of factors, including the liability and damages. If the participants in the crash are unable to come to an agreement regarding their respective faults, this could delay the case. Furthermore, if there is any disagreements about witness testimony or evidence or testimony, it could take more time to solve these issues.

Settlement amounts can be wildly different dependent on the severity of injuries and the insurance policy of the trucking company and 18 wheeler accidents the state or federal regulations that govern commercial vehicles. It's important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning they don't get paid until they prevail or settle the case.

Because of the severe and often fatal injuries that result from semi-truck accidents it's not surprising that these cases are huge business for attorneys who handle them. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year involving 18-wheelers. A lot of these truck accidents result in serious injuries and even death. Insurance companies often underestimate the injuries and damages suffered by victims in these accidents. However, an experienced attorney for 18 wheeler accidents can even the playing field and negotiate with these large insurance companies to ensure that they offer their clients the highest settlements.

In an 18-wheeler lawsuit, the defendants may be held responsible for non-economic and economic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages include suffering and pain and 18 wheeler accidents emotional distress, disfigurement, and a lower quality of life.

Attorneys who represent plaintiffs in 18 wheeler accident law firm wheeler cases are paid on a contingency basis. This means that they don't receive compensation until their case is settled and they negotiate a settlement with their client. In the meantime, they have to pay for court costs, conduct depositions, employ experts and other experts, travel and pay for any other expenses required to win the case.

Damages

18-wheeler accidents could cause serious injuries, especially when they happen at high speeds. Due to the size and weight of these trucks, the impact of an accident can be more severe than a regular motor vehicle crash. The damage could be higher.

In addition to the medical and property damages that can result from a 18-wheeler crash, victims may also be entitled to compensation for lost wages and grief caused by the loss of a loved. If you've suffered losses in a semi truck accident, a personal injury lawyer can help you determine the amount of the compensation that you are entitled to receive.

The cost of litigation can be high. Plaintiff attorneys must pay for things like travel, take depositions, hire experts to testify, and pay for court costs, which is why they require their clients' money as fast as they can. There are many ways that plaintiffs can receive their money quicker after a settlement. These are referred to as post settlement advances, lawsuit loans or settlement cash advances. These are an excellent option for those injured and need to pay for their expenses while they await their settlement.

Timeline

Many factors influence the length of time required to settle an accident case with trucks. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before you settle. You could be eligible for future losses, like lost wages or the lower quality of life. Your lawyer will have to present evidence to support your claims.

A dispute between the parties about the liability or damages could prolong the settlement process. This could happen when several insurance companies are involved, or the parties do not agree on who is at fault.

A qualified attorney for truck accidents will help you determine if the insurance company is willing to pay an acceptable amount and if it will cover your current and future damages. If the insurance company is unwilling to compromise, it could be required to file a lawsuit which can extend the duration of the case. In some cases it could take longer than a full year to resolve.

Settlement

There are many factors that can dramatically extend the time required for an 18 wheeler accident law firms wheeler lawsuit to settle. The extent of the injuries and insurance considerations are two aspects that could affect the timeframe. It can take a while for your doctor to document of permanent impairments that could affect your future losses. Don't settle a claim for an accident too quickly, as it could leave you without money to cover the full amount of damages.

Plaintiff attorneys who handle 18 wheeler accidents are paid contingency fees and don't get paid until they succeed in their case or negotiate a settlement. This means they have had to put aside their own money to pay for the costs of court, travel, and expert witness expenses during the course of the case.

As you could imagine, this can add up quite a bit. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also called lawsuit loans or settlement cash advances) to help offset their out-of-pocket legal expenses to get the money that they are owed sooner.