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

The time needed to settle a trucking crash situation can differ from case to case. There are many factors that affect the time frame of settlement.

For instance, it might take time to determine who is liable for the accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The timeframe for settling of a lawsuit against an 18-wheeler depends on a variety of factors, including liability and damages. The case can be delayed if the parties involved in the accident cannot reach an agreement on who is responsible. If there are disputes regarding the evidence or the testimony of witnesses, it could delay the case.

Settlement amounts vary dependent on the severity of injuries, the insurance policy of the trucking firm and the federal or 18 wheeler accidents state regulations that govern commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means they are not paid until they succeed in winning a case or reach an agreement.

It's no surprise that semi-truck accident cases are a big business for lawyers. Settlements often amount to millions of dollars in these cases. This is particularly true when the trucking company is found to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries or even death. Most often, insurance companies lower the cost of victims of these accidents with settlement offers that do not reflect the extent of their injuries and the damages. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies to get their clients the maximum settlements.

In a lawsuit brought against an 18-wheeler the defendants could be held liable for non-economic and economic damages. Economic damages can include medical bills, wages lost and future earnings. Other damages include emotional distress, disfigurement or reduced quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, meaning that they don't receive any money until they prevail and agree to an agreement for their client. They must pay court fees and hire experts, as well as other specialists, travel, and other expenses associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly if they are high-speed crashes. The impact of an 18-wheeler crash can be more serious due to its size and weight. The damages can also be more extensive.

In addition to the medical and property damages that may result from a crash involving an 18-wheeler victims could be able to claim compensation for lost wages and the grief that is caused by the loss of loved ones. 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 you could be entitled receive.

It's not a secret that litigation can be expensive. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses, and court costs. They must get the money of their clients as soon as they can. There are many ways for plaintiffs to get their money sooner after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to cover costs while waiting for their settlement.

Timeline

Many factors influence the time required to settle a case involving trucks. One major factor is the severity of your injuries. It is important to wait until you have reached maximum medical improvement before you settle. You could be eligible to claim future losses, including lost wages or diminished quality of life. Your lawyer will have to prove your claims.

A dispute between two parties over damages or 18 wheeler Accidents liability can also prolong the settlement process. This is often the case when there are several insurance companies involved, or if the parties disagree on who was responsible for the incident.

A qualified attorney for truck accidents will help you determine if the insurance company provides you with an adequate amount and whether it will be able to cover your future and current damages. If the insurance company refuses to negotiate, it might be necessary to file a suit, which could extend time for the case. In some instances it could take more than a year to resolve.

Settlement

There are many things that can dramatically extend the time frame required 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 also take time for your doctor's report to show permanent impairments which could affect your future losses. It is crucial to not settle your claim for an accident too early because it could leave you without the money you'll need to recuperate the full range of damage.

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

As you can imagine this can add up to quite a large amount. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to offset their out-of pocket legal expenses. This allows them to get their money earlier.