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

The time required to settle a truck accident case differs from one to the next. The timeframe for settlement can be affected by a variety of factors.

It can take some time to determine who is accountable for an accident. A lawyer can help you determine all the parties responsible and maximize the settlement.

What to Expect

The timeline for a settlement of a 18-wheeler lawsuit is dependent on a myriad of factors, including the possibility of liability and damages. The case could be delayed if parties to the accident cannot agree on the fault. Furthermore, if there is any disagreements regarding the evidence or witness testimony and testimony, it could take longer time to solve these issues.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and existing state or federal regulations for commercial vehicles, settlement amounts may vary widely. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means they don't get paid until they win a case or reach an agreement.

Due to the serious and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are huge business for attorneys who litigate them. In this way, it's not uncommon for settlements in these cases to reach millions of dollars or Download free more. This is especially true if the trucking firm has been declared to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these truck crashes result in serious injuries and even death. Insurance companies often underestimate the damage and injuries suffered by victims in these accidents. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies to secure their clients the most lucrative settlements.

In a lawsuit brought against an 18-wheeler the defendants could be held responsible for non-economic and economic damages. The economic damages can be medical expenses, lost wages and future earnings. Non-economic damages include suffering and pain as well as emotional distress, disfigurement, and diminished quality of living.

Plaintiff attorneys who take part in 18 wheeler cases are paid on a contingent basis. This means that they don't receive compensation until their case is resolved and they reach a settlement with their client. They must pay court fees as well as hire experts, other specialists, travel and other costs associated in winning the case.

Damages

18 wheeler accidents can result in serious injuries, particularly if they are high-speed crashes. The consequences of an accident involving an 18-wheeler can be more intense due to its weight and size. This means that the damage could be more extensive as well.

In addition to the physical and medical damages that can be caused by the crash of an 18 wheeler victims can also claim compensation for lost wages as well as the grief caused by the loss of loved ones. If you've suffered losses as a result of a semi-truck accident, a personal injury attorney can help you determine all of the compensation that you could be entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses, and court costs. They require the funds of their clients as quick as they can. There are a variety of ways that plaintiffs can receive their funds quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

Many factors influence the amount of the time it takes to settle a case that involves the truck. One major factor is the severity of your injuries. You should wait until your medical condition has improved to its maximum before making a decision on settlement. You may be able to claim future losses, for example, lost wages or diminished quality of life. Your lawyer will have to prove your claims.

A dispute between the parties about the liability or damages could delay the settlement process. This can often happen when there are several insurance companies involved or the parties are arguing about who was at fault for the incident.

A qualified attorney for truck accidents can help you determine if the insurance company is willing to pay a fair amount and if it will pay for future and current damages. If the insurance company is unwilling to compromise, it could be required to file a lawsuit that could extend the timeline for the case. In certain cases the case could take longer than a year to resolve.

Settlement

There are several things that can significantly lengthen the time frame required for an 18 wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance concerns involved. It could take some time for your doctor's report to show permanent impairments which could affect your future losses. Don't settle an injury claim too soon as this can leave you without money to cover your full range damage.

Attorneys who represent plaintiffs in 18-wheeler accidents are paid on a basis of contingency fees and are not paid until they prevail or reach a settlement. They must pay for court costs and travel expenses as well as expert witness fees during the process of a case.

As you are able to imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called lawsuit loans or settlement cash advances) to help offset their out-of-pocket legal expenses in order to receive the money they are owed sooner.