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

The time it takes to settle a truck crash case differs from one to the next. The time frame for settlement could be affected by a variety of factors.

For instance, it may take time to establish who is liable for the accident. A lawyer can assist you identify all the liable parties and maximize the amount you receive.

What to Expect

The timeline for a settlement of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including liability and damages. If the parties involved in the accident are unable to reach an agreement about fault, this can greatly delay the case. If there are disputes regarding the evidence or the testimony of witnesses, this may delay the proceedings.

Depending on the extent of the injuries, the size of the trucking company's insurance policy and existing state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. It's important to remember that plaintiff lawyers work on a contingency fee basis, which means they don't get paid until they prevail or settle the case.

Because of the severe and often fatal injuries that can result from semi-truck accidents, it's not a surprise that these cases are a huge business for the lawyers who handle them. Therefore, it's not common to see settlements in these cases to be millions of dollars or more. This is particularly true when the trucking company has been deemed negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. A lot of these accidents result in serious injuries and even death. Often, insurance companies will reduce the victims of these accidents with settlement offers that do not reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these large insurance companies in order to obtain their clients the highest settlements.

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

Plaintiff attorneys who take part in 18 wheeler cases are paid on a contingency basis. This means that they don't receive compensation until their case is won and they settle with their client. In the meantime, they have to pay court costs, attend depositions, engage experts and other specialists, travel, and pay for other expenses related to winning a case.

Damages

18 wheeler accidents can cause severe injuries, especially when they're high-speed crashes. Due to the size and weight of these trucks, the impact can be even more severe than a normal motor vehicle crash. This means that the damage could be higher as well.

In addition to the physical and medical damage that could result from an 18 wheeler accident lawsuit-wheeler accident, victims can also receive compensation for the loss of their earnings and the pain caused by the loss of loved ones. If you've suffered losses as a result of a semi-truck accident, a personal injury attorney can assist you in determining all of the compensation you may be entitled to receive.

It's no secret that litigation is expensive. Attorneys representing plaintiffs need to pay for depositions, travel, expert witnesses, and court costs. They require the funds of their clients as quickly as possible. Fortunately, there are ways for plaintiffs to get their money quicker after the settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to cover expenses while waiting on their settlement.

Timeline

There are many factors that affect the length of time it takes to settle a case with the truck. The most important factor is the severity of your injuries. It is important to wait until you have reached maximum medical improvement before making a decision on settlement. This is because you could be in a position to claim future losses such as lost wages and diminished quality of life, and your attorney will need evidence to support these claims.

Another reason that can delay the settlement process is a dispute between parties over liability or damages. This is often the case when multiple insurance companies are involved or the parties disagree about who is at fault.

A qualified truck accident lawyer can help you determine if the insurance company is offering you an adequate amount for your case, and whether or the insurance company will be able to cover all of your future and current losses. If the insurance company isn't willing to compromise, you may have to file a lawsuit and this can extend the duration of the lawsuit. In some instances it could take at least a year to solve the issue.

Settlement

There are a few elements which can cause some time to settle a 18-wheeler lawsuit. The severity of the injuries and insurance considerations are two aspects that could affect the timeframe. It could take some time for your doctor's records to reveal permanent impairments that could impact your future losses. It is essential to never settle your accident claim in a hurry, as it may result in you not receiving the funds you're entitled to for your full range of losses.

Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a contingency basis and do not get paid until they win or 18 wheeler accident attorney agree to an agreement. They are responsible for court costs along with travel and expert witness fees during the trial.

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