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

The time it takes to settle a truck crash case varies from one to the next. The timeline for settlement can be affected by a number factors.

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

What to Expect

The time frame for settling of an 18-wheeler lawsuit depends on many factors including the possibility of liability and damages. The case could be delayed if the parties to the accident cannot agree on fault. If there are any disputes over evidence or witness testimony the process could take longer time to resolve these issues.

Settlement amounts can differ greatly in proportion to the severity of injuries and the insurance policy of the trucking firm and the federal or state regulations that regulate commercial vehicles. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning they don't receive compensation unless they win or settle a case.

Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these types of cases are big business for the lawyers who represent them. It's common for 18 wheeler accident attorney settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company is found to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents cause severe injuries and even death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies in order to obtain their clients the most lucrative settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis. This means that they don't get paid until their case is won and they agree to a settlement with their client. They must pay court costs, hire experts, other specialists, travel and other expenses associated with winning the case.

Damages

18 wheeler accidents can lead to severe injuries, especially in high-speed collisions. The effects of an 18-wheeler collision can be more than normal due to its weight and size. This means that the damages could be higher as well.

In addition to medical and property damages that may result from an 18-wheeler collision, victims may be able to claim compensation for the loss of wages and grief caused by the death of loved ones. If you have experienced losses in a semi truck accident, a personal injury lawyer can help you determine all of the compensation you may be entitled to receive.

It's no secret that litigation can be expensive. Plaintiff attorneys must pay for depositions, travel, expert witnesses and court costs. They must get the money of their clients as soon as possible. There are a variety of ways that plaintiffs can get their money faster following settlement. These are known as post-settlement advances, lawsuit loans, or settlement cash advances. They are a great option for those who have suffered injuries and need to pay for their expenses while they await their settlement.

Timeline

A variety of factors affect the the time it takes to settle an accident case that involves the truck. The severity of your injuries is an important factor. It is best to wait until your medical condition has improved to its maximum before settling. This is because you could be eligible to claim future losses such as lost wages and a decreased quality of life. Your attorney will need evidence to prove these claims.

A dispute between two parties over the liability of either party can prolong the settlement process. This could happen when several insurance companies are involved, or the parties do not agree on who is responsible.

A reputable lawyer for truck accidents can help you determine if the insurance company is offering an acceptable amount for your claim and whether or the insurance company will take care of all your future and current losses. If the insurance company refuses to compromise, it could be required to file a lawsuit which can extend the time frame for the case. In certain situations it could take up to a year or more solve the issue.

Settlement

There are a few factors which can cause some time to settle an 18 wheeler accident-wheeler lawsuit. This is due to the severity of the injuries and the insurance considerations that are involved. It may also take some time for your doctor's documentation to identify permanent impairments that could affect your future losses. It is not advisable to settle a claim for an accident too quickly as it may leave you without money to cover all damage.

Plaintiff attorneys who litigate 18 wheeler accidents are paid contingency fees and don't get paid until they are successful or reach a settlement. They have to pay for court costs along with travel and expert witness fees during the course of the case.

As you can imagine, this could add up to a quite a lot. Many plaintiff attorneys who are 18-wheelers make use of settlement cash advances or lawsuit loans to pay for their legal costs out of pocket. This allows them to get the money sooner.