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The time required to settle a truck accident case differs from one to the next. The timeline for settlement can be affected by a number factors.
For instance, it could take a while to determine who is responsible for the accident. A lawyer can assist you identify all the liable parties and maximize the amount you receive.
What to Expect
The time frame for settlement of a lawsuit against an 18-wheeler depends on many factors including the liability and damages. The case can be delayed if the parties to the collision do not agree on fault. If there is disagreement over the evidence or testimony of witnesses, it could delay the case.
Settlement amounts can be wildly different according to the severity of injuries and the insurance policy of the trucking company 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 get paid until they win or reach a settlement in a case.
It's not a surprise that semi-truck accidents are a lucrative business for lawyers. Settlements can be as high as millions of dollars in these cases. This is particularly true when the trucking company has been considered to be negligent.
Liability
Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. Many of these truck crashes result in serious injuries, or even death. Insurance companies often underestimate the injuries and damages of the victims in these accidents. A reputable 18-wheeler accident lawyer can negotiate with big insurance companies and get the most favorable settlement for their clients.
The defendants in a lawsuit against an 18-wheeler could be held responsible for a variety of damages including economic and non-economic damages. Economic damages could include medical bills, wages lost and future earnings. Non-economic damages could include emotional distress, disfigurement, and reduced quality of life.
Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they are successful and can negotiate a settlement for their client. They must pay court fees and hire experts, as well as other specialists, travel and other expenses that go along with winning the case.
Damages
18 wheeler accident attorneys-wheeler accidents can cause serious injuries, particularly when they happen at high speeds. The consequences of an accident involving an 18-wheeler can be more than normal because of its size and weight. This means that the damages could be greater as well.
In addition to the property and medical damage that may result from an 18-wheeler crash victims can also claim compensation for lost wages as well as the grief caused by the loss of a loved one. If you've suffered losses as a result of a semi-truck accident, a personal injury lawyer will help you determine all of the compensation that you could be entitled to receive.
Litigation can be expensive. Plaintiff attorneys need to pay for travel expenses, take depositions, hire experts to testify, and pay for court costs, which is why they require their clients' money as fast as they can. There are a variety of ways for plaintiffs to get their money sooner after an agreement. These are referred to as post-settlement advances, lawsuit loans, or settlement cash advances. They are a great choice for injured parties who need to pay for their expenses while they await their settlement.
Timeline
There are many factors that affect the time it takes to settle an accident case which involves trucks. One of the major factors is the severity of your injuries. It is best to wait until your medical condition has improved to the maximum before you settle. You may be able to claim future losses, including loss of wages or a lower standard of life. Your lawyer will have to present evidence to support your claims.
Another factor that can lengthen the settlement process is a dispute between two parties regarding liability or damages. This could happen when several insurance companies are involved, or the parties do not agree on who is at fault.
A qualified truck accident lawyer can help you determine if the insurance company is providing you with a fair amount for your case and whether or the insurance company will take care of all your current and future losses. If the insurance company is unwilling to negotiate, it might be necessary to file a lawsuit which could prolong the timeline for the case. In some cases it could take more than a year to settle.
Settlement
There are several things that can dramatically extend the time it takes for an 18 Wheeler Accident Lawsuits wheeler lawsuit to reach a settlement. The severity of the injuries as well as insurance considerations are two aspects which can influence the length of time. It could take some time for your doctor's records to reveal permanent impairments that could impact the future loss you suffer. It is essential to never settle your accident claim too early as it can leave you without the money you'll need to recuperate the full range of injuries.
Plaintiff attorneys who litigate in 18 wheeler accident lawsuit-wheeler collisions are paid on a basis of contingency fees and do not get paid unless they win or reach a settlement. They must pay for court costs and travel expenses as well as expert witness fees during the course of the case.
As you can imagine, this could add up to a quite a lot. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also called settlement cash advances) to offset the legal costs they incur out of pocket in order to receive the money that they are owed sooner.
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