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

The amount of time required to settle a trucking crash case varies from case to case. The timeline for settlement can be affected by a variety of factors.

It can take several months to determine who is accountable for an accident. A lawyer can assist you identify all the liable parties and maximize the settlement.

What to Expect

The timeframe for settling of a lawsuit against an 18-wheeler depends on many factors, including liability and damages. The case may be delayed if the parties in the collision cannot agree on the cause of the accident. In addition, if there are any disagreements over the evidence or witness testimony, it may take more time to solve these issues.

Depending on the extent of the injuries, the size of the trucking company's insurance policy and the existing state or federal regulations for commercial vehicles, settlement amounts can differ widely. Remember that plaintiff attorneys are paid on an on a contingency basis. This means they are not paid until they are successful in a case or agree to an agreement.

Because of the severe and often catastrophic injuries that result from semi-truck accidents it's no surprise that these types of cases are a huge business for the attorneys who handle them. Settlements can often reach millions of dollars in these cases. 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 each year that involve 18-wheelers. Many of these accidents cause severe injuries and even death. The majority of insurance companies lower the cost of victims of these accidents by offering settlement offers that don't reflect the full extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies in order to obtain their clients the most lucrative settlements.

The defendants in a lawsuit involving an 18 wheeler accident-wheeler may be held liable for various damages, such as economic and non-economic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages can include suffering and pain and emotional distress, disfigurement and diminished quality of living.

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, meaning that they aren't paid until they are successful and can negotiate a settlement for their client. They are required to pay court costs, hire experts, 18 wheeler accident other specialists, travel, and other expenses associated in winning the case.

Damages

18 wheeler accidents can result in serious injuries, especially when they're high-speed accidents. Due to the weight and size of these trucks, the impact may be even more severe than a regular motor vehicle crash. The damages can also be greater.

In addition to the medical and 18 wheeler accident property damages that can result from a crash involving an 18-wheeler, victims may be able to claim compensation for the loss of wages and grief caused by the death of loved ones. If you have experienced loss as a result of a semi truck accident an attorney for personal injury will help you determine all of the compensation you could be entitled to receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs need to pay for depositions, travel, expert witnesses and court costs. They must get the money of their clients as fast as they can. There are a variety of ways that plaintiffs can receive their money faster after a settlement. These are referred to as post-settlement advances, lawsuit loans, or settlement cash advances. They are a great choice for injured parties who need to pay for their expenses while waiting for their settlement.

Timeline

There are a variety of factors that influence the time it takes to settle a truck accident case. One of the major factors is the severity of your injuries. It is crucial to wait until you've reached your maximum level of medical improvement before making a decision to settle. This is because you could be entitled to claim future losses such as lost wages or diminished quality of life. Your attorney will need evidence to prove these claims.

Another factor that can lengthen the settlement process is a dispute between parties about liability or damages. This could happen when several insurance companies are involved or the parties are not able to agree on who is responsible.

A reputable lawyer for truck accidents will help you determine if the insurance company is providing you with an adequate amount for your case, and whether or it will cover all of your future and current losses. If the insurance company refuses to compromise, it could be necessary to file a lawsuit that could extend the duration of the case. In some cases it could take an entire year or more to resolve the case.

Settlement

There are many factors that can drastically alter the time it takes for an 18 wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance considerations involved. It could take a bit of time for your doctor's documentation to identify permanent impairments that could affect the future loss you suffer. It is not advisable to settle a claim arising from an accident too quickly as it may result in you not having enough money to cover your full range damages.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a basis of contingency fees and are not paid until they win or negotiate an agreement. This means that they've had to put aside their own money to cover the costs of court, travel, and expert witness fees all throughout this case.

As you could imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also known as settlement cash advances) to cover their legal expenses out of pocket in order to receive the money they're owed sooner.