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

The time required to settle a truck crash case varies from one case to the next. The timeline for settlement can be affected by a variety of factors.

For instance, it may take time to establish who is accountable for the accident. A lawyer can help you determine all the parties responsible and maximize the settlement.

What to Expect

The time frame for settling in an 18 wheeler lawsuit is contingent on a variety of factors, including the possibility of liability and damages. If the parties involved in the collision cannot reach an agreement on responsibility, this could greatly delay the process. If there are disagreements regarding the evidence or the testimony of witnesses, this can delay the proceedings.

Based on the severity of the injuries, the amount of the trucking company's insurance policy and existing state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means that they don't get paid until they win a case or reach a settlement.

Due to the serious and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these types of cases are lucrative for the lawyers who represent them. As such, it's not common to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking company is declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. A lot of these truck accidents result in serious injuries and even death. Most often, insurance companies lowball the victims of these accidents with settlements that do not reflect the extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to ensure that they offer their clients the most lucrative settlements.

In a lawsuit involving an 18 wheeler accident lawyers-wheeler the defendants could be held responsible for non-economic and economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement, and diminished quality of life.

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

Damages

18 wheeler accidents can cause serious injuries, particularly when they're high-speed crashes. The consequences of an accident involving an 18-wheeler is more than normal because of its size and weight. This means that damages can be higher as well.

In addition to the physical and medical damage that can result from an 18-wheeler crash victims can also receive compensation for the loss of their wages as well as the grief caused by the loss of loved ones. A personal injury lawyer can help you determine the total amount you are entitled to if you have suffered losses as a result of a semi truck crash.

Litigation can be expensive. Plaintiff attorneys must pay for depositions, travel expenses, expert witnesses, and court costs. They need the money of their clients as fast as they can. There are many ways that plaintiffs can receive their money sooner after the settlement. These are referred to as post settlement advances, lawsuit loans or settlement cash advances. These are a great option for those injured and need to cover their expenses while waiting for their settlement.

Timeline

There are a variety of elements that determine how long it takes to settle a truck crash case. The severity of your injuries is an important factor. It is essential to wait until you have achieved your maximum medical improvement before settling. You may be able claim future losses, including loss of wages or a lower standard of life. Your lawyer will have to provide evidence to back your claims.

Another reason that can delay the process of settlement is a dispute between parties over liability or damages. This can occur when there are multiple insurance companies involved, or if the parties are arguing over who was responsible for the accident.

A qualified truck accident lawyer will help you determine if the insurance company is offering an adequate amount for your case, 18 wheeler accident and whether or it will be able to cover all of your future and current losses. If the insurance company isn't willing to compromise, you may have to file a lawsuit which could extend the duration of the lawsuit. In some cases it could take more than a year to resolve.

Settlement

There are a variety of factors that can dramatically extend the timeline it takes for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance considerations involved. It could take some time for your doctor's report to identify permanent impairments that could impact the future loss you suffer. It is crucial to never settle your accident claim too early because it could result in you not receiving the funds you'll need to cover your full range of damage.

Attorneys representing plaintiffs who litigate in 18-wheeler accidents are compensated on a contingency fee basis and are not paid until they win or negotiate a settlement. This means they've had to spend their own money to cover court costs, travel and expert witness fees all during the the case.

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