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

The time it takes to settle a truck accident case varies from one case to the next. The time frame for settlement could be affected by a number factors.

It can take several months to determine who is responsible for 18 wheeler Accident lawsuit an accident. A lawyer can help you identify all the parties at fault and maximize the settlement.

What to Expect

The timeline for a settlement of an 18-wheeler lawsuit depends on a myriad of factors, including the amount of liability and damages. The case may be delayed if the parties to the collision do not reach an agreement on who is responsible. Additionally, if there are any disagreements regarding witness testimony or evidence and testimony, it could take longer time to resolve these issues.

Settlement amounts can vary greatly in proportion to the severity of injuries and the insurance policy of the trucking company and the current federal or state regulations that govern commercial vehicles. Remember that plaintiff lawyers are paid on a contingency basis. This means that they are not paid until they have won a case, or 18 wheeler accident lawsuit reached an agreement.

It's not a surprise that semi-truck accidents are a huge business for attorneys. Settlements often amount to millions of dollars in these cases. This is especially true when the trucking company is deemed negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause serious injuries or even death. In many cases, insurance companies lower the cost of victims of these accidents by offering settlements that do not reflect the extent of their injuries and the damages. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these large insurance companies to secure their clients the highest settlements.

In an 18-wheeler lawsuit the defendants could be held liable for economic and noneconomic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic damages can include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingent basis. This means that they do not get paid until their case is settled and they agree to a settlement with their client. They have to pay court costs and hire experts, as well as other specialists, travel, and other costs associated in winning the case.

Damages

18-wheeler accidents can lead to serious injuries, particularly if they occur at high speeds. The effects of an 18-wheeler collision can be more than normal due to its weight and size. The damage could be more extensive.

In addition to medical and property damages that may result from a crash involving an 18-wheeler victims could also be entitled to 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 attorney will help you determine all of the compensation you are entitled to receive.

The cost of litigation can be high. Plaintiff attorneys must pay for travel, depositions expert witnesses and court costs. They must receive the money of their clients as quickly as they can. Fortunately, there are ways that plaintiffs can receive their money faster following settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

There are a variety of factors that affect the time it takes to settle a truck accident case. The severity of your injuries is a major factor. It is important to wait until you've reached your maximum level of medical improvement before making a decision on settlement. You may be able claim future losses, including reduced wages or a decrease in the quality of life. Your lawyer will have to provide evidence to support your claims.

Another reason that could delay the process of settlement is a dispute between parties over liability or damages. This can happen when multiple insurance companies are involved, or the parties are not able to agree on the fault of one party.

A reputable lawyer for truck accidents will help you determine if the insurance company is offering a fair amount to settle your case and whether or not it will be able to cover all of your current and future losses. If the insurance company isn't willing to negotiate, you might have to file a lawsuit which could extend the timeline of the case. In some cases, the case could take more than a year to settle.

Settlement

There are many factors that can dramatically extend the time required for an 18 wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance considerations that are involved. It could take a bit of time for the documentation from your doctor to show permanent impairments which could impact your future losses. It is crucial to never settle your accident claim too early, as it could leave you without the money you need to recover for your full range of damage.

Attorneys who represent plaintiffs in 18 wheeler Accident lawsuit-wheeler collisions are paid on a contingency fee basis and are not paid unless they win or agree to a settlement. This means they've had to put aside their own money to cover the costs of court, travel, and expert witness expenses during the course of the case.

As you could imagine, this can add up quite a bit. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to cover the legal expenses they incur out of pocket. This allows them to access the funds sooner.