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

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

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

What to Expect

The timeline for a settlement in a lawsuit involving an 18-wheeler is contingent on a variety of factors such as the amount of liability and damages. The case could be delayed if the parties in the collision cannot agree on the cause of the accident. If there is a dispute regarding the evidence or the testimony of witnesses, this may also delay the case.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and the existing state or federal regulations that govern commercial vehicles, settlement amounts can vary widely. It's important to note that plaintiff attorneys are paid on a contingency basis, which means they don't get paid until they prevail or settle a case.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents, it's not surprising that these cases are a huge business for the lawyers who represent them. It's unusual to see settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been deemed negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, a good attorney for 18 wheeler accidents can even the playing field and negotiate with these big insurance companies to ensure that they offer their clients the maximum settlements.

In an 18-wheeler lawsuit, the defendants may be held accountable for economic and noneconomic damages. Economic damages may include medical bills, wages lost and future earnings. Non-economic damages may include emotional distress, disfigurement and reduced quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means that they don't receive any money until they succeed in their case and negotiate an agreement for their client. In the meantime, they must pay for court costs, conduct depositions, engage experts and other specialists, travel and pay for other expenses associated with winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly in high-speed collisions. Due to the size and weight of these trucks, the impact could be even more devastating than a typical motor vehicle crash. This means that the damage could be higher as well.

In addition to medical and property damages that can result from a 18 wheeler accident lawsuits-wheeler crash victims could also be entitled to compensation for lost wages and grief caused by the death of loved ones. A personal injury lawyer can help you determine the amount of compensation you can receive if you were a victim of the crash of a semi-truck.

Legal proceedings can be costly. Plaintiff attorneys must pay for 18 Wheeler Accidents depositions, travel expenses, expert witnesses and court costs. They must receive the money of their clients as soon as they can. There are several ways plaintiffs can receive their money faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

There are many factors that influence how long it takes to settle a truck accident case. The severity of your injuries is the primary factor. It is crucial to wait until you've reached your maximum level of medical improvement before making a decision on settlement. This is because you may be able to claim future losses, such as lost wages and a decreased quality of life. Your attorney will require evidence to prove these claims.

Another reason that could 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 when the parties are arguing over who is responsible for the incident.

A qualified attorney for truck accidents will help you determine if the insurance company provides you with an acceptable amount and if it will pay for future and current damages. If the insurance company refuses to negotiate, it could be required to file a lawsuit which could prolong the time frame for the case. In certain cases the case could take longer than a year to settle.

Settlement

There are many factors 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 considerations that are involved. It could take time for your doctor to document of permanent impairments that could affect your future losses. Don't settle an injury claim too soon as this can leave you without a sufficient amount to cover the full amount of damages.

Plaintiff attorneys who take on 18-wheeler accidents are compensated on a contingent fee basis and are not paid until they win or agree to an agreement. This means they have to invest their own money to cover the costs of court, travel, and expert witness expenses throughout this case.

As you can imagine, this can add up quite a bit. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called settlement cash advances) to pay for their out-of-pocket legal expenses to get the money they're owed sooner.