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

The time it takes to settle a trucking accident case can vary from case to case. There are many factors that could affect the timeline of settlement.

For instance, it might take time to establish who is liable for the accident. A lawyer can assist you identify all the liable parties and maximize your settlement.

What to Expect

The time frame for settling in an 18 wheeler lawsuit is contingent on a variety of factors, including the possibility of liability and damages. The case may be delayed if parties to the collision are not able to agree on fault. If there is disagreement over the credibility of witnesses or evidence of witnesses, this may delay the case.

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

It's no surprise that semi-truck accident cases are a lucrative business for lawyers. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking firm has been deemed negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries or even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients maximum settlements.

The defendants in an 18 wheeler lawsuit may be held liable for a variety of damages, such as economic and non-economic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages can include pain and suffering and emotional distress, disfigurement, and a diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means that they don't get paid until they win their case and reach an agreement for their client. In the meantime, they must cover court costs, take depositions, hire experts and other experts, travel and pay for other costs required to win a case.

Damages

18-wheeler accidents could cause serious injuries, particularly when they happen at high speeds. Due to the weight and size of these trucks, the impact could be even more severe than a typical motor vehicle accident. This means that the damages could be higher as well.

In addition to the property and medical damage that can result from the crash of an 18 wheeler victims can also receive compensation for lost earnings and the pain caused by the loss of a loved one. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to if you are suffering losses as a result of the crash of a semi-truck.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs have to pay for depositions, travel, expert witnesses, and court costs. They must get the money of their clients as quickly as possible. There are ways that plaintiffs can receive their money sooner after a settlement. These are called post-settlement advances, lawsuit loans, or settlement cash advances. These are a great option for injured parties who need to pay for their expenses while waiting for their settlement.

Timeline

There are a myriad of elements that determine how long it takes to settle a truck accident case. One of the most important factors is the severity of your injuries. It is important to wait until you have achieved your maximum medical improvement before you settle. This is because you might be eligible to claim future losses such as lost wages and diminished quality of life, and your attorney will require evidence to prove these claims.

A dispute between the parties about the liability or damages could delay the settlement process. This can often happen when there multiple insurance companies involved or when the parties disagree on the who was responsible for the accident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is offering a fair amount for your claim and whether or the insurance company will take care of all your future and current losses. If the insurance company isn't willing to negotiate, you could need to file a lawsuit, which can lengthen the duration of the lawsuit. In certain cases it could take an entire year or more to finish the case.

Settlement

There are several things that can significantly lengthen the timeline it takes for an 18-wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two aspects that can impact the timeline. It could take some time for your doctor's report to demonstrate permanent impairments, which could affect your future losses. It is not advisable to settle an accident claim too soon as this can leave you without a sufficient amount to cover the full amount of damage.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees and don't get paid until they prevail or reach a settlement. They are responsible for court costs and travel expenses as well as expert witness fees during the trial.

As you can imagine this could add up to a large amount. A lot of 18 wheeler accident lawsuits wheeler plaintiff lawyers make use of post settlement advances (also known as lawsuit loans or settlement cash advances) to offset the legal costs they incur out of pocket so that they can get the money they're owed sooner.