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 time frame for settlement could be affected by several factors.

For instance, it may take time to establish who is liable for the accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The timeframe for settling of an 18-wheeler lawsuit depends on many factors, including the amount of liability and damages. If the participants in the crash cannot reach an agreement on responsibility, this could greatly delay the process. If there are disagreements over the credibility of witnesses or evidence of witnesses, this may delay the proceedings.

Settlement amounts can vary greatly depending on the extent of injuries and 18 wheeler accident Attorney the insurance policy of the trucking firm, and the existing federal or state regulations that regulate commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means they do not get paid until they succeed in winning a case or reach an agreement.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these types of cases are huge business for lawyers who represent them. In this way, it's not common for settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these accidents cause severe injuries and even death. Often, insurance companies will lower the cost of victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and damages. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the most lucrative settlements.

In a case involving an 18 wheeler accident law firm-wheeler the defendants could be held responsible for economic and noneconomic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Other damages include emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who litigate in 18 wheeler accident law firm wheeler cases are paid on a contingent basis. This means that they do not get paid until their case is resolved and they agree to a settlement with their client. They are required to pay court costs, hire experts, other specialists, travel, and other expenses associated with winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly if they are high-speed crashes. The consequences of an accident involving an 18-wheeler is more serious due to its size and weight. This means that the damages could be higher as well.

In addition to the medical and property damages that can be caused by an 18-wheeler crash, victims can also receive compensation for the loss of their income and the grief caused by the loss of a loved one. A personal injury lawyer can help you determine the amount of compensation you are entitled to if have suffered losses due to an accident involving a semi truck.

Litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses and court costs. They must get the money of their clients as quickly as they can. There are a variety of ways that plaintiffs can get their money quicker after a settlement. These are known as post settlement advances or lawsuit loans. These are a great way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that influence the time it takes to settle a truck accident case. One of the major factors is the severity of your injuries. You should wait until your medical condition has improved to the maximum before settling. You could be eligible to claim future losses, including loss of wages or a lower standard of living. Your lawyer will have to present evidence to support your claims.

A dispute between the parties over damages or liability can also delay the settlement process. This can happen when multiple insurance companies are involved or the parties are not able to agree on who was at fault.

A reputable truck accident attorney will help you determine if the insurance company is willing to pay an adequate amount and whether it will cover future and present damages. If the insurance company is not willing to negotiate, you may need to file a suit, which can lengthen the duration of the case. In certain situations, it could take a year or more to resolve the case.

Settlement

There are a few things that can cause some time to settle a lawsuit involving an 18-wheeler. The extent of the injuries and insurance considerations are two aspects which can influence the length of time. It can take a while for your doctor to document of permanent impairments that could impact your future losses. Do not settle an accident claim too early, as this could leave you without money to cover the full amount of losses.

Attorneys representing plaintiffs in cases involving 18 wheeler-related accidents work on contingency fee and don't get paid until they win their case or reach an agreement. They must pay for 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 employ settlement cash advances, or lawsuit loans to pay for their legal costs out of pocket. This allows them to get the money sooner.