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

The time required to settle a trucking accident case can vary from case to case. The length of time for settlement may be affected by a number factors.

It can take a long time to determine who is responsible for an accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The timeline for a settlement of a lawsuit against an 18-wheeler depends on many factors, including the liability and damages. The case may be delayed if the parties to the accident cannot agree on the fault. If there are disputes regarding the evidence or the testimony of witnesses, this may also delay the case.

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

It's not a surprise that semi-truck accidents are a huge business for attorneys. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking company is considered to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents cause serious injuries or even death. Insurance companies often undervalue the injuries and damages of victims in these accidents. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these huge insurance companies to get their clients maximum settlements.

In an 18 wheeler accident lawsuits-wheeler lawsuit the defendants could be held liable for economic and noneconomic damages. Economic damages could include medical bills, lost wages, and future earnings. Non-economic damages may include pain and suffering as well as emotional distress, disfigurement and a lower quality of life.

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, other specialists, travel and other expenses that go along with winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially if they occur at high speeds. Due to the size and weight of these trucks, the impact could be more severe than a normal motor vehicle crash. The damage can be higher.

In addition to the physical and medical damage that may result from an 18 wheeler accident lawyers wheeler crash, victims can also receive compensation for lost wages and the grief caused by the loss of loved ones. If you've suffered loss as a result of a semi truck accident A personal injury lawyer will help you determine all of the compensation that you are entitled to receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs must pay for things like travel for depositions, travel to court, hire expert witnesses, and pay costs for court, so they must get their clients' funds as quickly as they can. There are several ways plaintiffs can get their money more quickly after a settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. These are a great option for those who have suffered injuries and need to pay for their expenses while they await their settlement.

Timeline

There are a myriad of factors that contribute to the time it takes to settle a truck crash case. One of the major factors is the severity of your injuries. It is best to wait until your condition has improved to the maximum before settling. You could be eligible for future losses, including loss of wages or a lower standard of living. Your lawyer will have to provide evidence to support your claims.

Another factor that can lengthen the process of settlement is a dispute between parties over liability or damages. This is often the case when multiple insurance companies are involved, or the parties do not agree on who is at fault.

A reputable lawyer for truck accidents can help you determine whether the insurance company is offering an acceptable amount for your claim and whether or it will cover all of your current and future losses. If the insurance company is not willing to negotiate, you could require a lawsuit which could extend the timeline of the case. In certain cases it may take at least a year to finish the case.

Settlement

There are several things which can significantly extend the time required for an 18 wheeler lawsuit to settle. The severity of the injuries and insurance considerations are two factors that could affect the timeframe. It could also take time for your doctor's report to reveal permanent impairments that could affect the future loss you suffer. You should never settle a claim arising from an accident too soon as this can leave you without a sufficient amount to cover all damages.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a basis of contingency fees and are not paid unless they win or negotiate an agreement. They have to pay for court costs, travel expenses, and expert witness fees during the process of a case.

As you are able to imagine, this can add up quite a bit. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to cover their legal costs out of pocket. This lets them access the funds sooner.