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

The amount of time required to settle a trucking accident case varies from case to case. There are many factors that affect the speed of settlement.

For example, it can take time to establish who is liable for the accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The timeline for a settlement in a lawsuit against an 18 wheeler accident lawyer-wheeler depends on a variety factors including the amount of the amount of liability and damages. If the parties involved in the incident are unable to come to an agreement regarding responsibility, this could greatly delay the trial. If there are any disagreements about evidence or witness testimony or testimony, it could take more time to resolve these issues.

Settlement amounts vary in proportion to the severity of injuries, the insurance policy of the trucking firm and the laws and regulations of the federal or state that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means they do not get paid until they have won a case, or reached an agreement.

It's no surprise that semi-truck accidents are a big business for lawyers. In this way, it's not common for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been declared to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries or death. Insurance companies often underestimate the injuries and damages suffered by victims in these accidents. However, a reputable attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies to secure their clients maximum settlements.

The defendants in a lawsuit against an 18-wheeler could be held responsible for a variety of damages, such as economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic losses include suffering and pain and emotional distress, disfigurement, and a diminished quality of life.

Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingency basis. This means that they don't get paid until their case is settled and they reach a settlement with their client. In the meantime, they need to pay court costs, attend depositions and hire experts, other experts, travel and pay for other expenses that are associated with winning a case.

Damages

18 wheeler accidents can lead to serious injuries, particularly when they're high-speed crashes. The effects of an 18-wheeler collision is more severe because of its weight and size. The damages could also be more severe.

In addition to the medical and property damage that could result from an 18-wheeler accident victims can also receive compensation for the loss of their wages as well as the grief caused by the loss of loved ones. If you have experienced losses as a result of a semi-truck accident, a personal injury attorney can assist you in determining all of the compensation you are entitled to receive.

It's no secret that litigation can be expensive. Attorneys representing plaintiffs have to pay for depositions, travel, expert witnesses and court costs. They must receive the money of their clients as fast as possible. There are a variety of ways that plaintiffs can get their money quicker after settlement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while waiting on their settlement.

Timeline

There are many factors that contribute to how long it takes to settle a truck accident case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before you settle. You may be able claim future losses, for example, lost wages or the lower quality of living. Your lawyer will have to present evidence to support your claims.

Another reason that could delay the settlement process is a dispute between parties regarding liability or damages. This can happen when there multiple insurance companies involved or when the parties disagree on who was responsible for the incident.

A qualified truck accident lawyer can assist you in determining if the insurance company is providing you with an acceptable amount for your claim and whether or it will cover all of your current and future losses. If the insurance company is unwilling to compromise, it could be necessary to file a lawsuit which could prolong time for the case. In certain situations, it could take an entire year or more to resolve the case.

Settlement

There are a variety of factors that can drastically alter the time it takes for an 18 wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations that are involved. It can also take time for your doctor to submit documentation of permanent impairments that could impact your future losses. Don't settle an injury claim too early, as this could leave you with no money to cover all losses.

Attorneys who represent plaintiffs in 18 wheeler accidents are paid contingency fee and don't get paid until they are successful or reach a settlement. They are required to pay court costs along with travel and expert witness fees during the process of a case.

As you are able to imagine, this can add up quite a bit. A lot of plaintiff attorneys with 18 wheels make use of settlement cash advances or lawsuit loans to pay for their legal costs out of pocket. This allows them to get their money earlier.