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

The time it takes to settle a truck crash case differs from one to the next. The time frame for settlement could be affected by several factors.

For example, it can take some time to determine who is accountable for the accident. A lawyer can help you determine the responsible parties and maximize your settlement.

What to Expect

The timeline for a settlement of an 18-wheeler lawsuit depends on a myriad of factors, including liability and damages. If the parties involved in the incident are not able to reach an agreement on the their respective faults, this could delay the process. If there are disagreements over the evidence or testimony of witnesses, this may delay the case.

Settlement amounts can be wildly different depending on the extent of injuries and the insurance policy of the trucking firm and the current laws and regulations of the federal or state that regulate commercial vehicles. It's important to remember that plaintiff attorneys are paid on a contingency basis, meaning that they won't get paid until they prevail or reach a settlement in the case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these cases are a huge business for the attorneys who litigate them. Settlements can often reach millions of dollars in these cases. This is particularly true when the trucking company has been considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18 wheeler accident law firms-wheelers. Many of these truck accidents result in serious injuries or even death. Often, insurance companies will lower the cost of victims of these accidents by offering settlement offers that don't reflect the full extent of their injuries and the damages. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these large insurance companies to ensure that they offer their clients the maximum settlements.

In a lawsuit involving an 18 Wheeler accident Lawsuit-wheeler, the defendants may be held liable for economic and noneconomic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages include suffering and pain and emotional distress, disfigurement, and a diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means that they don't get paid until they prevail and agree to an agreement for their client. In the meantime, they have to pay court costs, attend depositions, 18 wheeler accident Lawsuit engage experts and other specialists, travel and pay for other costs required to win a case.

Damages

18-wheeler accidents could cause serious injuries, particularly when they occur at a high speed. Due to the weight and size of these trucks, the impact may be even more severe than a typical motor vehicle crash. The damages could also be more extensive.

In addition to the property and medical damage that can result from the crash of an 18 wheeler victims may also be eligible for compensation for their lost wages and the grief caused by the loss of loved ones. If you've suffered losses as a result of a semi-truck accident, a personal injury attorney can help you determine all of the compensation you may be entitled to receive.

The costs of litigation can be quite high. Attorneys representing plaintiffs have to pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay court costs, so they need their clients' cash as soon as possible. Fortunately, there are ways that plaintiffs can receive their money quicker after an agreement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to pay expenses while waiting for their settlement.

Timeline

Many factors influence the time it takes to settle an accident case involving trucks. The most important factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before settling. This is due to the fact that you may be eligible to claim future losses such as lost wages or diminished quality of life. Additionally, your attorney will need evidence to support these claims.

Another factor that can prolong the settlement process is a dispute between parties regarding liability or damages. This can occur when there are multiple insurance companies involved or the parties are arguing over who was at fault for the incident.

A reputable truck accident attorney can help you determine if the insurance company provides you with an acceptable amount and if it will cover future and present damages. If the insurance company refuses to negotiate, it might be necessary to file a suit which can extend the timeline for the case. In some instances, the case could take longer than a year for the resolution.

Settlement

There are a few factors that could cause an extended time to settle an 18-wheeler lawsuit. The severity of the injuries and insurance considerations are two of the factors that can impact the timeline. It could take a bit of time for your doctor's records to reveal permanent impairments that could impact the future loss you suffer. It is not advisable to settle a claim arising from an accident too soon as this can leave you without a sufficient amount to cover your full range losses.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents work on contingency fees. They aren't paid until they succeed in their case or negotiate a settlement. They have to pay for court costs, travel expenses, and expert witness fees throughout the course of a case.

As you can imagine this could add up to a amount. A lot of 18 wheeler accident attorney wheeler plaintiff lawyers utilize post settlement advances (also known as settlement cash advances) to help offset their legal costs out-of-pocket so that they can get the money they're owed sooner.