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 can influence the timeline of settlement.

It can take several months to determine who is accountable for an accident. An attorney can help identify all the liable parties and maximize your settlement.

What to Expect

The timeframe for settling in an 18 wheeler lawsuit is contingent on a variety of factors, including the liability and damages. The case can be delayed if parties to the collision do not agree on the fault. Furthermore, if there is any disputes over evidence or witness testimony or testimony, it could take more time to solve these issues.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and the current state or federal regulations governing commercial vehicles settlement amounts can be wildly different. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means that they do not get paid until they win a case or reach a settlement.

Because of the severe and lawsuit often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these cases are lucrative for the attorneys who handle them. It's common for settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking company is found to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause severe injuries and even death. The majority of insurance companies lower the cost of victims of these accidents with settlement offers that don't reflect the extent of their injuries and damages. A reputable 18-wheeler accident lawyer can negotiate with big insurance companies and get the best settlement for their clients.

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

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until their case is resolved and they reach a settlement with their client. They must pay court costs and also hire experts, specialists, travel, and other costs associated in winning the case.

Damages

18-wheeler accidents can lead to serious injuries, particularly when they occur at a high speed. Due to the size and weight of these trucks, the impact could be even more severe than a normal motor vehicle crash. This means that damages can be higher as well.

In addition to medical and property damage that could result from a crash involving an 18 wheeler accident lawsuits-wheeler victims could also be entitled to compensation for lost wages and grief that is caused by the loss of a loved. A personal injury lawyer can help you determine the maximum amount of compensation you can receive if you have suffered losses as a result of a semi truck crash.

It's no secret that litigation is expensive. Plaintiff attorneys must pay for things like travel and depositions, as well as hire experts to testify, and pay for court costs, so they require their clients' money as fast as they can. There are many ways that plaintiffs can receive their money quicker after settlement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to pay expenses while waiting on their settlement.

Timeline

There are many factors that contribute to how long it takes to settle a truck crash case. The most important factor lawsuit is the severity of your injuries. It is essential to wait until you've reached maximum medical improvement before making a decision to settle. You could be eligible for future losses, including lost wages or diminished quality of life. Your lawyer will have to provide evidence to support your claims.

Another factor that can lengthen the process of settlement is a dispute between parties over the liability of damages or liability. This is often the case when there multiple insurance companies involved or if the parties disagree on who was responsible for the accident.

An experienced truck accident lawyer can help you determine if the insurance company provides you with a fair amount and if it will cover your current and future damages. If the insurance company is not willing to negotiate, you could need to file a lawsuit which could extend the timeline of the case. In certain situations it may take at least a year to finish the case.

Settlement

There are several things that can dramatically extend the timeline it takes for an 18-wheeler lawsuit to settle. This includes the severity of injuries and the insurance implications. It can also take time for your doctor to submit documentation of permanent impairments that could affect your future losses. Do not settle an injury claim too soon as this can leave you with no money to cover your full range damage.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a contingency basis and are not paid unless they prevail or reach a settlement. They are required to pay court costs along with travel and expert witness fees throughout the course of a case.

As you can imagine, this can add up to a large amount. Many 18 wheeler plaintiff attorneys utilize post settlement advances (also called lawsuit loans or settlement cash advances) to help offset their out-of-pocket legal expenses to be able to collect the money they owe sooner.