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

The time required to settle a trucking crash instance can vary from case to case. The length of time for 18 wheeler accident attorney settlement may be affected by many factors.

For example, it can take a while to determine who is accountable for the accident. A lawyer can assist you identify all the liable parties and maximize the amount you receive.

What to Expect

The time frame for settlement of an 18-wheeler lawsuit depends on many factors, including the possibility of liability and damages. The case may be delayed if the parties involved in the collision are not able to agree on the cause of the accident. If there is a dispute over the evidence or testimony of witnesses, this could delay the proceedings.

Settlement amounts can vary greatly in proportion to the severity of injuries, the insurance policy of the trucking company and the federal or state regulations that regulate commercial vehicles. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning that they don't get paid until they win or reach a settlement in the case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these cases are big business for the lawyers who handle them. In this way, it's not unusual to see settlements in these cases to exceed millions of dollars or more. 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 that involve 18-wheelers. Many of these truck accidents result in serious injuries, or even death. Insurance companies often underestimate the damage and injuries suffered by victims in these accidents. 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 the most lucrative settlements.

In a lawsuit brought against an 18-wheeler the defendants could be held responsible for economic and noneconomic damages. Economic damages may include medical bills, lost wages, and future earnings. Non-economic damages include pain and suffering as well as emotional distress, disfigurement, and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until the case is settled and they settle with their client. In the meantime, they must cover court costs, take depositions, engage experts and other specialists, travel and pay for other costs required to win a case.

Damages

18 wheeler accidents can result in severe injuries, particularly when they're high-speed accidents. Due to the size and weight of these trucks, the impact can be more severe than a normal motor vehicle accident. The damage could be more extensive.

In addition to the physical and medical damage that may result from an 18 wheeler accident lawyer-wheeler accident victims may also be eligible for compensation for lost wages as well as the grief caused by the loss of loved ones. If you have experienced loss as a result of a semi truck accident an attorney for personal injury can assist you in determining all of the compensation that you could be entitled to receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs must pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay court costs, so they must get their clients' cash as soon as possible. There are a variety of ways plaintiffs can receive their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for injured parties who require to cover their expenses while they await their settlement.

Timeline

There are a myriad of elements that determine the time it takes to settle a truck crash case. The severity of your injuries is the primary factor. It is crucial to wait until you have reached your maximum level of medical improvement before you settle. You may be able to claim future losses, including loss of wages or a lower standard of living. Your lawyer will have to provide evidence to support your claims.

A dispute between the parties regarding the liability of either party can prolong the settlement process. This can happen 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 you an adequate amount to settle your case and whether or the insurance company will pay for all of your current and future losses. If the insurance company isn't willing to negotiate, you might have to file a lawsuit and this can extend the timeline of the case. In certain instances the case may take more than a year for the resolution.

Settlement

There are many things that can drastically alter the timeline it takes for an 18-wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance implications. It may also take a while for your doctor to provide evidence of permanent impairments that could impact your future losses. It is crucial to never settle your claim too early as it can result in you not receiving the funds you're entitled to for the full extent of your damage.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees. They aren't paid until they succeed in their case or negotiate an agreement. They must pay for court costs and travel expenses as well as expert witness fees during the process of a case.

As you can imagine this could add up to a quite a lot. A lot of 18 wheeler accident lawsuits wheeler plaintiff lawyers make use of post-settlement advances (also called settlement cash advances) to help offset their legal costs out-of-pocket to be able to collect the money that they are owed sooner.