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. There are many factors that could affect the length of time to settle.

For instance, it may take 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 timeframe for settling of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the liability and damages. If the parties involved in the accident cannot reach an agreement regarding who is at fault, it could delay the proceedings. If there are disagreements over the evidence or 18 Wheeler Accident Attorney testimony of witnesses, it could also delay the case.

Settlement amounts can be wildly different according to the severity of injuries and the insurance policy of the trucking firm and the federal or state regulations that regulate commercial vehicles. Remember that plaintiff lawyers are paid on a contingency basis. This means that they don't get paid until they win a case or reach a settlement.

It's not surprising that semi-truck accident cases are a huge business for lawyers. In this way, it's not uncommon to see settlements in these cases to reach millions of dollars or more. This is especially true when the trucking firm has been considered to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck crashes result in serious injuries and even death. In many cases, insurance companies reduce the victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to get their clients the highest settlements.

The defendants in a case involving an 18 wheeler accident lawyers wheeler could be held accountable for various types of damages including economic and non-economic damages. The economic damages can be medical bills, lost wages, and future earnings. Non-economic losses include suffering and pain as well as emotional distress, disfigurement, and diminished quality of living.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means they aren't paid until they are successful and can negotiate a settlement for their client. In the meantime, they need to pay for court fees, take depositions, hire experts and other specialists, travel, and pay for other costs associated with winning the case.

Damages

18 wheeler accidents can cause serious injuries, particularly if they are high-speed crashes. Due to the weight and size of these trucks, the impact could be more devastating than a typical motor vehicle accident. This means that the damages could be greater as well.

In addition to the property and medical damages that can be caused by the crash of an 18 wheeler victims can also receive compensation for their lost earnings and the pain caused by the loss of a loved one. A personal injury lawyer can assist you to determine the maximum amount of compensation you are entitled to if you were a victim of an accident involving a semi truck.

It's not a secret that litigation is expensive. Plaintiff attorneys need to pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay court costs, which is why they must get their clients' cash as soon as they can. There are a variety of ways plaintiffs can receive their funds more quickly after a settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. They are a great option for those who have suffered injuries and need to cover their expenses while waiting for their settlement.

Timeline

There are many elements that determine the time it takes to settle a truck crash case. The most important factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before settling. You could be eligible to claim future losses, such as loss of wages or a lower standard of living. Your attorney will need to provide evidence to support your claims.

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

A qualified truck accident lawyer can help you determine whether the insurance company is providing you with an adequate amount for your case and whether or not it will cover all of your future and current losses. If the insurance company is not willing to negotiate, you might require a lawsuit and this can extend the time frame of the case. In certain cases the case could take more than a full year to resolve.

Settlement

There are a few things that can make it take a long time to settle an 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance concerns involved. It could take some time for the documentation from your doctor to show permanent impairments which could impact the future loss you suffer. Do not settle an injury claim too quickly as it may result in you not having enough money to cover all damages.

Plaintiff attorneys who litigate 18 wheeler accidents work on contingency fees. They don't get paid until they prevail or reach an agreement. They are required to pay court costs as well as travel expenses and 18 wheeler accident attorney expert witness fees throughout the trial.

As you are able to imagine, this can add up quite a bit. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to offset their legal costs out of pocket. This lets them access the funds sooner.