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

The time required to settle a trucking crash instance can vary from case to case. There are a number of factors that affect the speed of settlement.

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

What to Expect

The timeline for a settlement in a lawsuit involving an 18-wheeler is contingent on a variety of factors, including liability and damages. The case may be delayed if parties to the accident cannot agree on fault. If there are disputes over the credibility of witnesses or evidence of witnesses, Vimeo this could delay the case.

Based on the severity of the injuries, the size of the insurance policy of the trucking company and any existing federal or state regulations governing commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, which means they don't get paid until they prevail or settle the case.

Because of the severe and often catastrophic injuries that result from semi-truck accidents it's not surprising that these cases are a huge business for the attorneys who litigate them. In this way, it's not common to see settlements in these cases to be millions of dollars or more. This is especially true if the trucking company has been declared to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. A lot of these truck accidents cause serious injuries and even death. Insurance companies often undervalue injuries and damages suffered by victims in these accidents. However, an experienced attorney representing victims of accidents on 18 wheels can even the playing field and Vimeo negotiate with these big insurance companies to ensure that they offer their clients the most lucrative settlements.

The defendants in a case involving an 18 wheeler could be held responsible for various damages including economic and non-economic damages. The economic damages can be medical bills, lost wages and future earnings. Non-economic damages can include suffering and pain and emotional distress, disfigurement and a diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, meaning that they don't get paid until they prevail and agree to an agreement with their client. They are required 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 cause severe injuries, particularly when they're high-speed accidents. The consequences of an accident involving an 18-wheeler could be more severe due to its weight and size. This means that damages can be more severe as well.

In addition to the medical and property damage that can result from the crash of an 18 wheeler victims may also be eligible for compensation for lost wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if are suffering losses as a result of the crash of a semi-truck.

The costs of litigation can be quite high. Plaintiff attorneys must pay for things like travel for depositions, travel to court, hire experts to testify, and pay for costs for court, so they need their clients' cash as soon as they can. There are a variety of ways that plaintiffs can receive their money faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great way for injured parties to pay costs while waiting for their settlement.

Timeline

There are many elements that determine the time it takes to settle a truck crash case. One of the most important factors is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before settling. You could be eligible for future losses, like loss of wages or a lower standard of living. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties regarding damages or liability can also delay the settlement process. This can happen when there are several insurance companies involved or the parties are disputing the who was responsible for the incident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is offering an adequate amount to settle your case and whether or not it will be able to cover all of your future and current losses. If the insurance company is not willing to negotiate, you might need to file a suit, which can lengthen the duration of the lawsuit. In some instances, the case could take more than a year to settle.

Settlement

There are many factors that can dramatically extend the time frame required for an 18 wheeler accident law firm wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations that are involved. It could take time for your doctor to submit documentation of permanent impairments that could impact your future losses. Do not settle a claim arising from an accident too quickly, Vimeo as it could result in you not having enough money to cover all damages.

Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a contingency basis and do not get paid until they win or agree to a settlement. This means they have had to spend their own money to cover court costs, travel and expert witness fees all during the course of this case.

As you can imagine this can add up to quite a amount. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also called settlement cash advances) to help offset the legal costs they incur out of pocket to get the money they owe sooner.