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

The time it takes to settle a truck crash case varies from one case to the next. There are a number of factors that could affect the length of time to settle.

It could take some time to determine who is responsible for an accident. A lawyer can help identify all the parties at fault and maximize the amount you receive.

What to Expect

The timeline for a settlement of a lawsuit against an 18-wheeler depends on a variety of factors, including the liability and damages. The case can be delayed if parties to the collision cannot reach an agreement on who is responsible. If there is disagreement about the evidence or testimony of witnesses, this could also delay the case.

Based on the severity of the injuries, the size of the trucking company's insurance policy and the current state or federal regulations governing commercial vehicles, settlement amounts can differ widely. Remember that plaintiff attorneys are paid on the basis of contingency. This means they don't get paid until they are successful in a case or agree to an agreement.

Because of the severe and often fatal injuries that can result from semi-truck accidents it's no surprise that these cases are huge business for lawyers who represent them. Therefore, it's not unusual for settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking firm has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year that involve 18-wheelers. Many of these truck accidents result in serious injuries, or even death. Often, insurance companies will reduce the victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the highest settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingent basis. This means that they don't receive compensation until their case is resolved and they settle with their client. In the meantime, they must pay for court costs, conduct depositions, employ experts and other specialists, travel and pay for other costs related to winning the case.

Damages

18-wheeler accidents can lead to serious injuries, particularly if they happen at high speeds. Due to the weight and size of these trucks, the impact can be even more severe than a normal motor vehicle crash. This means that the damages could be more severe as well.

In addition to medical and property damages that result from a 18-wheeler crash victims could also be entitled to compensation for the loss of wages and grief due to the loss of loved ones. If you've suffered losses as a result of a semi-truck accident A personal injury lawyer can assist you in determining all of the compensation you may be entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs must pay for things like travel, take depositions, hire experts as witnesses, and pay court costs, so they must get their clients' cash as soon as possible. There are a variety of ways for plaintiffs to get their money faster following settlement. These are known as post settlement advances or lawsuit loans. These are a great way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that affect the time it takes to settle an accident case that involves a truck. The most important factor is the severity of your injuries. You should wait until your condition has improved to the maximum before settling. You may be able to claim future losses, including lost wages or diminished quality of living. Your lawyer will have to prove your claims.

A dispute between the parties about the liability or attorneys damages could delay the settlement process. This is often the case when there are several insurance companies involved or the parties are disputing the who was responsible for the accident.

A reputable lawyer for truck accidents can help you determine if the insurance company is offering an acceptable amount for your case and whether or the insurance company will cover all of your current and future losses. If the insurance company refuses to negotiate, it may be necessary to file a lawsuit which could prolong the timeline for the case. In some cases the case may take more than a full year to resolve.

Settlement

There are several things that can significantly lengthen the time it takes for an 18 wheeler lawsuit to settle. The extent of the injuries and insurance considerations are two factors that can impact the timeline. It could also take time for the documentation from your doctor to reveal permanent impairments that could impact your future losses. It is crucial to not settle your claim for an accident in a hurry, as it may leave you without the money you'll need to recuperate the full range of losses.

Plaintiff attorneys who handle 18 wheeler accidents are paid contingency fee and don't get paid until they prevail or reach an agreement. This means they've to pay for their own money to cover the costs of court, travel, and expert witness costs all during the course of the case.

As you can imagine, this could add up to a large amount. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as settlement cash advances) to help offset their out-of-pocket legal expenses to get the money they are owed sooner.