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

The time required to settle a truck crash case varies from one case to the next. There are a number of factors that affect the speed of settlement.

For example, it can take some time to determine who is liable for the accident. An attorney can help identify all the liable parties and maximize the settlement.

What to Expect

The timeframe for settling of an 18-wheeler lawsuit depends on a variety of factors, including the possibility of liability and damages. If the participants in the crash are unable to reach an agreement regarding responsibility, this could greatly delay the proceedings. In addition, if there are any disagreements about witness testimony or evidence or testimony, it could take more time to solve these issues.

Based on the severity of the injuries, the size of the insurance policy of the trucking company and the current state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to note that plaintiff lawyers are paid on a contingency basis, meaning that they don't get paid until they prevail or reach a settlement in the case.

Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's not surprising that these cases are lucrative for the attorneys who litigate them. As such, it's not unusual for settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company has been considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these truck accidents cause serious injuries or even death. Insurance companies often underestimate the injuries and damages suffered by victims in these accidents. A reputable 18-wheeler accident lawyer can negotiate with large insurance companies and negotiate the most favorable settlement for their clients.

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

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

Damages

18-wheeler accidents could cause serious injuries, particularly if they happen at high speeds. The impact of an 18-wheeler accident is more intense because of its weight and size. The damages could also be more extensive.

In addition to the property and medical damage that can result from an 18-wheeler crash victims can also receive compensation for the loss of their wages and the grief caused by the loss of a loved one. If you've suffered losses from a semi truck accident, a personal injury lawyer can assist you in determining all of the compensation that you could be entitled receive.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs must pay for things like travel and depositions, as well as hire expert witnesses, and pay costs for court, so they must receive their clients' money as fast as they can. There are many ways that plaintiffs can get their money quicker after a settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. These are an excellent way for injured parties to cover expenses while waiting for their settlement.

Timeline

A variety of factors affect the amount of the time it takes to settle a case that involves a truck. One major factor is the severity of your injuries. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. This is because you may be eligible to claim future losses such as lost wages or lawyers a diminished quality of life. Additionally, your attorney will require evidence to support these claims.

A dispute between two parties over the liability or damages could prolong the settlement process. This can often happen when there are multiple insurance companies involved or the parties are arguing about who is responsible for the accident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is providing you with a fair amount to settle your case and whether or not it will pay for all of your future and current losses. If the insurance company is unwilling to negotiate, it could be required to file a lawsuit, which could extend the time frame for the case. In some cases the case may take more than a year to resolve.

Settlement

There are many factors that can significantly lengthen the time required for an 18 wheeler accident law firms wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two of the factors which can influence the length of time. It could take time for your doctor to document of permanent impairments that could affect your future losses. It is important that you never settle your accident claim too early as it can result in you not receiving the funds you'll need to cover the full range of damages.

Attorneys representing plaintiffs in cases involving 18 wheeler-related accidents work on contingency fees. They don't get paid until they prevail or reach a settlement. They have to pay for court costs and travel expenses as well as expert witness fees during the process of a case.

As you can imagine, this could add up to a large amount. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket to get the money they are owed sooner.