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

The time it takes to settle a truck accident case differs from one to the next. There are many factors that can influence the timeline of settlement.

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

What to Expect

The timeline for a 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 fault. Additionally, if there are any disagreements regarding witnesses' testimony or evidence and testimony, it could take longer time to solve these issues.

Settlement amounts vary in proportion to the severity of injuries and the insurance policy of the trucking company, and the existing laws and regulations of the federal or state that govern commercial vehicles. Remember that plaintiff attorneys are paid on the basis of contingency. This means that they don't get paid until they are successful in a case or agree to an agreement.

It's not a surprise that semi-truck accident cases are a lucrative business for lawyers. It's common for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been considered 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 crashes result in serious injuries and even death. In many cases, insurance companies lowball the victims of these accidents by offering settlements that do not reflect the extent of their injuries and damages. However, a good attorney for accidents involving 18 wheels can even the playing field and negotiate with these big insurance companies to get their clients the most lucrative settlements.

The defendants in a lawsuit against an 18 wheeler accident-wheeler could be held accountable for several types of damages including economic and non-economic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages may include suffering and 18 wheeler pain and emotional distress, disfigurement and a lower quality of life.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, meaning that they don't get paid until they win their case and reach an agreement with their client. They have to pay court costs as well as hire experts, other specialists, travel and other expenses associated with winning the case.

Damages

18 wheeler accidents can lead to severe injuries, especially if they are high-speed crashes. Due to the size and weight of these trucks, the impact could be more severe than a regular motor vehicle crash. This means that the damage could be more extensive as well.

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

Litigation can be expensive. Plaintiff attorneys must pay for things like travel for depositions, travel to court, hire experts as witnesses, and pay costs for court, so they must get their clients' money as fast as possible. Fortunately, there are ways that plaintiffs can receive their money faster following a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that affect the time required to settle an accident case with a truck. One of the major factors is the severity of your injuries. It is essential to wait until you have reached your maximum level of medical improvement before you settle. You may be able claim future losses, for example, loss of wages or a lower standard of living. Your lawyer will have to provide evidence to back your claims.

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

A reputable truck accident lawyer can assist you in determining if the insurance company is offering you an appropriate amount for your case and whether or not it will cover all of your future and current losses. If the insurance company is not willing to negotiate, you could need to file a suit which could extend the time frame of the case. In certain cases, the case could take more than a year to resolve.

Settlement

There are several factors that could cause some time to settle a lawsuit against an 18-wheeler. The severity of the injuries and insurance considerations are two factors that can impact the timeline. It could take some time for the documentation from your doctor to demonstrate permanent impairments, which could affect your future losses. You should never settle an injury claim too soon as this can result in you not having enough money to cover your full range damages.

Plaintiff attorneys who take on 18-wheeler accidents are paid on a contingent fee basis and 18 wheeler do not get paid until they win or reach a settlement. They must pay for court costs along with travel and expert witness fees during the course of the case.

As you can imagine, this can be quite costly. Many 18-wheeler plaintiff attorneys employ settlement cash advances, or lawsuit loans to offset the legal expenses they incur out of pocket. This lets them receive the funds earlier.