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

The time it takes to settle a trucking crash situation can differ from case to case. The timeframe for settlement can be affected by a number factors.

For instance, it may take a while to determine who is responsible for the accident. A lawyer can help you determine the responsible parties and maximize the amount you receive.

What to Expect

The timeline for a settlement of an 18-wheeler lawsuit depends on a myriad of factors, including liability and damages. If the parties involved in the collision are unable to come to an agreement on the fault, this can greatly delay the case. If there are any disagreements regarding evidence or witness testimony and testimony, it could take longer time to resolve these issues.

Settlement amounts can vary greatly in proportion to the severity of injuries and the insurance policy of the trucking company, and the existing laws and regulations of the federal or state that govern commercial vehicles. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning that they won't get paid unless they win or reach a settlement in a case.

Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's not surprising that these cases are huge business for lawyers who handle them. Therefore, it's not common for settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking firm has been considered to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause serious injuries and even death. Insurance companies tend to undervalue the injuries and damages of the victims in these accidents. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the maximum settlements.

In an 18 wheeler accident law firm-wheeler lawsuit, the defendants may be held accountable for economic and noneconomic damages. The economic damages can be medical bills, lost wages and future earnings. Non-economic damages can include pain and suffering, 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 aren't paid until they succeed in their case and negotiate an agreement with their client. In the meantime, they have to pay court costs, attend depositions and hire experts, other specialists, travel, and pay for other costs associated with winning a case.

Damages

18 wheeler accidents can result in serious injuries, particularly when they're high-speed accidents. The consequences of an accident involving an 18-wheeler is more serious due to its weight and size. The damages can also be higher.

In addition to the medical and property damage that can result from an 18 wheeler accident lawyer wheeler crash victims can also claim compensation for the loss of their wages as well as the grief caused by the loss of a loved one. If you have experienced losses in a semi truck accident an attorney for personal injury will help you determine all of the compensation you could be entitled receive.

Litigation can be expensive. Plaintiff attorneys must pay for travel expenses and depositions, as well as hire experts as witnesses, and pay costs for court, so they must get their clients' cash as soon as they can. There are several ways plaintiffs can receive their funds more quickly after a settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties who need to pay for their expenses while they await their settlement.

Timeline

A variety of factors affect the amount of time required to settle an accident case involving trucks. The severity of your injuries is a significant factor. It is best to wait until your condition has improved to its maximum before you settle. This is because you could be entitled to claim future losses, such as lost wages and diminished quality of life. In addition, your attorney will require evidence to prove these claims.

Another reason that can delay the process of settlement is a dispute between parties regarding liability or damages. This can happen when multiple insurance companies are involved or the parties are not able to agree on who is responsible.

An experienced truck accident lawyer can help you determine if the insurance company will offer you an adequate amount and whether it will cover your current and future damages. If the insurance company is not willing to compromise, you may need to file a lawsuit which could extend the time frame of the case. In some cases it could take at least a year to solve the issue.

Settlement

There are a variety of factors that can drastically alter the time required for an 18 wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance implications. It may also take some time for your doctor's documentation to reveal permanent impairments that could affect the future loss you suffer. You should never settle an injury claim too quickly, as it could leave you without money to cover all damages.

Attorneys representing plaintiffs in cases involving 18 wheeler crashes work on contingency fees. They don't get paid until they are successful or reach an agreement. This means they've had to put aside their own money to pay for the costs of court, travel, and expert witness expenses all during the course of this case.

As you are able to imagine, this can be quite costly. Many 18-wheeler plaintiff lawyers use settlement cash advances or lawsuit loans to offset their legal costs out of pocket. This lets them receive the funds earlier.