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

The time it takes to settle a trucking accident situation can differ from case to case. The time frame for settlement could be affected by a number factors.

It could take some time to determine who is accountable for an accident. An attorney can help determine all the parties responsible and maximize the amount you receive.

What to Expect

The time frame for settlement of an 18-wheeler lawsuit depends on many factors, including the liability and damages. If the parties involved in the accident are unable to reach an agreement about their respective faults, this could delay the process. If there are disagreements over the credibility of witnesses or evidence of witnesses, this could delay the trial.

Settlement amounts can vary greatly according to the severity of injuries and the insurance policy of the trucking company and the current laws and regulations of the federal or state that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means they don't get paid until they are successful in a case or agree to a settlement.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's not surprising that these cases are a huge business for the lawyers who represent them. In this way, it's not uncommon to see settlements in these cases to reach millions of dollars or more. This is especially true if the trucking company is deemed negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. A lot of these truck accidents cause serious injuries or even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to get their clients the maximum settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for various types of damages including economic and non-economic damages. Economic damages could be a result of medical bills, wages lost and 18 Wheeler accident attorney future earnings. Non-economic damages can include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they do not receive compensation until the case is settled and they settle with their client. They must pay court costs, hire experts, other specialists, travel and other expenses associated in winning the case.

Damages

18 wheeler accident attorneys wheeler accidents can lead to serious injuries, especially when they're high-speed crashes. Due to the weight and size of these trucks, the impact may be even more severe than a regular motor vehicle crash. The damages could also be more severe.

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 the loss of their wages and the grief caused by the loss of loved ones. A personal injury lawyer can help you determine the full compensation you are entitled to when you were a victim of the crash of a semi-truck.

Litigation can be expensive. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses, and court costs. They require the funds of their clients as fast as they can. Fortunately, there are ways for plaintiffs to get their money faster after a settlement. These are referred to as post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to pay expenses while waiting for their settlement.

Timeline

Many factors influence the time required to settle a case involving a truck. The severity of your injuries is a major factor. It is crucial to wait until you have reached maximum medical improvement before settling. This is because you might be able to claim future losses, such as lost wages or a diminished quality of life, and your attorney will need evidence to support these claims.

A dispute between two parties over the liability of either party can delay the settlement process. This can occur when there multiple insurance companies involved or if the parties are disputing the who was responsible for the accident.

A reputable truck accident lawyer can help you determine if the insurance company is providing you with a fair amount for your case, and whether or it will cover all of your current and future losses. If the insurance company isn't willing to negotiate, you could have to file a lawsuit, which can lengthen the duration of the case. In certain situations it could take up to a year or more settle the case.

Settlement

There are a few things that could cause the longest time to settle a lawsuit against an 18-wheeler. The degree of the injuries and insurance considerations are two of the factors that can impact the timeline. It could also take time for your doctor's documentation to demonstrate permanent impairments, which could impact the future loss you suffer. It is not advisable to settle an accident claim too soon as this can leave you without money to cover all damage.

Attorneys who represent plaintiffs in 18 wheeler accident law firms-wheeler collisions are paid on a basis of contingency fees and do not get paid unless they win or reach a settlement. They are required to pay court costs and travel expenses as well as expert witness fees during the trial.

As you can imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also known as lawsuit loans or settlement cash advances) to pay for their legal costs out-of-pocket to get the money they're owed sooner.