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

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

It can take an extended time to determine who is accountable for an accident. An attorney can help determine all the parties responsible and maximize the amount you receive.

What to Expect

The timeframe for settling of a lawsuit involving an 18-wheeler is contingent on many factors including the liability and damages. If the parties involved in the accident cannot reach an agreement on their respective faults, this could delay the process. In addition, if there are any disagreements regarding witness testimony or evidence and testimony, it could take longer time to solve these issues.

Depending on the extent of the injuries, the scope of the trucking company's insurance policy and the existing state or federal regulations governing commercial vehicles, settlement amounts can be wildly different. It is important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning that they won't get paid until they win or settle a case.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these types of cases are huge business for attorneys who litigate them. Therefore, it's not common for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company has been considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. A lot of these truck accidents cause severe injuries and even death. Insurance companies often undervalue the injuries and damages of the victims in these accidents. However, a good attorney for accidents involving 18 wheels can level the playing field and negotiate with these large insurance companies to get their clients the maximum settlements.

In a case involving an 18 wheeler accidents-wheeler the defendants could be held liable for economic and noneconomic damages. Economic damages could include medical expenses, lost wages and future earnings. Non-economic damages can include pain and suffering, emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they prevail and agree to an agreement for their client. They must pay court fees and hire experts, as well as other specialists, travel and other expenses associated in winning the case.

Damages

18 Wheeler Accident Law Firms wheeler accidents can lead to severe injuries, particularly when they're high-speed crashes. The consequences of an accident involving an 18-wheeler could be more serious due to its weight and size. This means that the damage could be more extensive as well.

In addition to the medical and property damage that may result from the crash of an 18 wheeler victims can also receive compensation for their lost income and the grief caused by the loss of a loved one. If you have experienced losses as a result of a semi-truck accident an attorney for personal injury can help you determine the amount of the compensation that you could be entitled receive.

Litigation can be expensive. Attorneys representing plaintiffs have to pay for depositions, travel expenses, expert witnesses, and court costs. They must get the money of their clients as soon as they can. There are a variety of ways plaintiffs can receive their money more quickly after a settlement. These are referred to as post settlement advances, lawsuit loans or settlement cash advances. They are a great option for those injured and need to pay for their expenses while waiting for their settlement.

Timeline

There are many factors that affect the time required to settle a case that involves the truck. The most important factor is the severity of your injuries. It is essential to wait until you've reached maximum medical improvement before making a decision to settle. This is because you might be eligible to claim future losses such as lost wages or a diminished quality of life. Your attorney will require evidence to support these claims.

Another reason that could delay the process of settlement is a dispute between parties over liability or damages. This can occur when there multiple insurance companies involved or when the parties disagree on who is responsible for the accident.

A qualified truck accident lawyer can assist you in determining if the insurance company is offering an acceptable amount to settle your case and whether or it will cover all of your future and current losses. If the insurance company isn't willing to negotiate, you might need to file a lawsuit which could extend the duration of the lawsuit. In some cases it could take at least a year to solve the issue.

Settlement

There are a variety of factors which can significantly extend the timeline it takes for an 18-wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance concerns involved. It could also take time for the documentation from your doctor 18 wheeler accident law firms to demonstrate permanent impairments, which could affect the future loss you suffer. Do not settle an accident claim too early, as this could result in you not having enough money to cover all damages.

Plaintiff attorneys who litigate 18 wheeler crashes work on contingency fees. They aren't paid until they prevail or reach a settlement. They have to pay for court costs, travel expenses, and expert witness fees throughout the course of a case.

As you can imagine, this can add up quite a bit. Many plaintiff attorneys who are 18 wheeler accident law firms-wheelers employ settlement cash advances, or lawsuit loans to offset the legal expenses they incur out of pocket. This allows them to receive the funds earlier.