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

The amount of time required to settle a trucking accident instance can vary from case to case. There are a number of factors that could affect the time frame of settlement.

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

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit is contingent on a variety of factors including the amount of the amount of liability and damages. The case could be delayed if the parties to the collision cannot agree on the cause of the accident. If there are disputes over the credibility of witnesses or evidence of witnesses, this may also delay the case.

Based on the severity of the injuries, the scope of the trucking company's insurance policy and existing state or federal regulations governing commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, which means they don't get paid until they win or reach a settlement in the case.

Due to the serious and often catastrophic injuries that result from accidents involving semi-trucks, it's not a surprise that these cases are a huge business for the lawyers who represent them. Settlements can reach millions of dollars in these cases. This is especially true when the trucking company has been declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. A lot of these accidents result in serious injuries or death. The majority of insurance companies reduce the victims of these accidents with settlement offers that don't reflect the extent of their injuries and damages. However, a good attorney for 18 wheeler accidents can even the playing field and negotiate with these massive insurance companies to get their clients the highest settlements.

In a lawsuit brought against an 18-wheeler the defendants could be held accountable for non-economic and economic damages. Economic damages could include medical bills, wages lost and future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingent basis. This means that they do not get paid until their case is resolved and they settle with their client. They must pay court fees and hire experts, as well as other specialists, travel and other expenses that go along with winning the case.

Damages

18 wheeler accidents can result in serious injuries, especially when they're high-speed accidents. The impact of an 18-wheeler crash can be more severe due to its weight and size. The damage can be more severe.

In addition to the medical and property damage that may result from the crash of an 18 wheeler victims can also receive compensation for lost wages and the grief caused by the loss of a loved one. A personal injury lawyer can help determine the full compensation you are entitled to if you were a victim of a semi truck crash.

Litigation can be expensive. Attorneys representing plaintiffs must pay for things like travel to take depositions, pay experts to testify, and pay for court costs, so they must receive their clients' cash as soon as they can. There are ways that plaintiffs can get their money faster after an agreement. These are known as post-settlement advances, lawsuit loans, or settlement cash advances. They are a great method for injured parties to cover expenses while waiting for their settlement.

Timeline

A variety of factors affect the amount of time required to settle an accident case with trucks. One major factor is the severity of your injuries. It is crucial to wait until you've achieved your maximum medical improvement before making a decision to settle. This is due to the fact that you may be entitled to claim future losses, such as lost wages or diminished quality of life, and your attorney will require evidence to support these claims.

Another reason that could delay the process of settlement is a dispute between parties over liability or damages. This is often the case when there multiple insurance companies involved, or if the parties are arguing over the who was responsible for the accident.

A skilled truck accident lawyer will help you determine if the insurance company is offering you an acceptable amount to settle your case and whether or not it will take care of all your current and future losses. If the insurance company is unwilling to negotiate, it could be required to file a lawsuit that could extend the duration of the case. In certain instances it could take longer than a year to resolve.

Settlement

There are a variety of factors that can dramatically extend the time required for an 18 wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two factors which can influence the length of time. It can take a while for your doctor to provide evidence of permanent impairments that could impact your future losses. Don't settle an accident claim too quickly as it may leave you without money to cover the full amount of losses.

Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a basis of contingency fees and are not paid until they win or reach an agreement. They must pay for court costs as well as travel expenses and expert witness fees during the course of the case.

As you can imagine this can add up to quite a amount. Many 18 wheeler accident lawsuit wheeler plaintiff attorneys utilize post settlement advances (also called settlement cash advances) to pay for the legal costs they incur out of pocket so that they can get the money they are owed sooner.