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

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

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

What to Expect

The time frame for settlement in a case involving an 18-wheeler depends on a variety factors which include liability and damages. If the participants in the crash are unable to come to an agreement on the their respective faults, this could delay the proceedings. If there are disputes over the credibility of witnesses or evidence of witnesses, this can also delay the case.

Depending on the extent of the injuries, the size of the trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts can differ widely. It is important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning that they won't get paid until they prevail or reach a settlement in a case.

Due to the serious and often fatal injuries that can result from semi-truck accidents it's no surprise that these cases are big business for the attorneys who handle them. Therefore, it's not common to see settlements in these cases to exceed millions of dollars or more. This is especially true when the trucking firm has been found to be negligent.

Liability

Every year, there are more than 100,000 accidents involving caledonia 18 wheeler accident attorney wheelers in the United States. Many of these crashes result in serious injuries, or even death. Insurance companies often undervalue the injuries and damages suffered by victims in these accidents. However, a skilled attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients maximum settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, meaning that they aren't paid until they prevail and agree to a settlement for their client. They must pay court costs, hire experts, other specialists, travel and other costs associated in winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially when they happen at high speeds. The consequences of an accident involving an 18-wheeler can be more intense due to its size and weight. This means that damages can be more severe as well.

In addition to the medical and property damage that can result from an elmsford 18 Wheeler accident attorney-wheeler accident, victims can also receive compensation for lost income and the grief caused by the loss of loved ones. If you have experienced losses in a semi truck accident an attorney for personal injury can help you determine all of the compensation that you could be entitled receive.

It's not a secret that litigation can be costly. Plaintiff attorneys must pay for things like travel to take depositions, pay experts as witnesses, and pay court costs, which is why they must receive their clients' cash as soon as possible. There are a variety of ways that plaintiffs can receive their money faster following the settlement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover costs while waiting for their settlement.

Timeline

There are a myriad of factors that affect the time it takes to settle a truck crash case. The severity of your injuries is an important factor. It is important to wait until you have achieved your maximum medical improvement before settling. This is because you may be able to claim future losses such as lost wages and diminished quality of life, and your attorney will require evidence to prove these claims.

A dispute between the parties over the liability of either party can prolong the settlement process. This can happen 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 if the insurance company is offering an acceptable amount for your case and whether or the insurance company will take care of all your current and future losses. If the insurance company is unwilling to negotiate, it may be necessary to file a lawsuit, which could extend time for the case. In certain instances the case may take longer than a year for the resolution.

Settlement

There are several factors which can cause an extended time to settle a 18-wheeler lawsuit. The severity of the injuries and insurance considerations are two factors which can influence the length of time. It may also take a while for your doctor to provide evidence of permanent impairments that could affect your future losses. Don't settle an accident claim too quickly as it may leave you without money to cover the full amount of damage.

Attorneys representing plaintiffs who litigate in 18-wheeler accidents are compensated on a contingency basis and are not paid until they win or reach a settlement. This means that they've had to put aside their own money to pay for expenses for travel, court costs and expert witness expenses all during the course of the case.

As you can imagine this can add up to quite a quite a lot. Many plaintiff attorneys who are 18-wheelers make use of settlement cash advances or lawsuit loans to offset their out-of pocket legal expenses. This allows them to get the money sooner.