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

The time required to settle a trucking accident case varies from case to case. There are a number of variables that can affect the speed of settlement.

For instance, it could take time to determine who is accountable for the accident. A lawyer can help you identify all the parties at fault and maximize the settlement.

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit depends on a variety factors such as the liability and damages. If the parties involved in the incident are unable to reach an agreement regarding fault, this can greatly delay the proceedings. If there are disagreements regarding the evidence or the testimony of witnesses, this can delay the case.

Based on the severity of the injuries, the size of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, which means they don't get paid unless they win or settle the case.

It's not a surprise that semi-truck accident cases are a huge business for lawyers. In this way, it's not uncommon to see settlements in these cases to exceed millions of dollars or more. This is especially true when the trucking company has been deemed negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. A lot of these accidents result in serious injuries or even death. Often, insurance companies will reduce the victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and damages. However, a good attorney for accidents involving 18 wheels can even the playing field and negotiate with these massive insurance companies in order to obtain their clients the most lucrative settlements.

The defendants in an homestead 18 wheeler accident law firm wheeler lawsuit could be held responsible for several types of damages, including non-economic and economic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Other damages include pain and suffering, emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, meaning that they aren't paid until they prevail and agree to an agreement with their client. They are required to pay court costs, hire experts, other specialists, travel and other costs associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly if they are high-speed crashes. Due to the weight and size of these trucks, the impact could be more severe than a regular motor vehicle crash. This means that the damage could be more severe as well.

In addition to the medical and property damages that may result from an kenosha 18 wheeler accident lawyer-wheeler collision, victims may be able to claim compensation for the loss of wages and grief caused by the death of loved ones. If you've suffered losses as a result of a semi-truck accident, a personal injury attorney will help you determine all of the compensation that you could be entitled to receive.

It's not a secret that litigation is expensive. Plaintiff attorneys must pay for travel expenses, take depositions, hire expert witnesses, and cover costs for court, so they need their clients' money as soon as possible. There are several ways plaintiffs can receive their funds more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for those injured and need to cover their expenses while they await their settlement.

Timeline

Many factors influence the the time it takes to settle a case that involves trucks. The severity of your injuries is a significant factor. It is important to wait until you've reached your maximum level of medical improvement before settling. You could be eligible for future losses, like reduced wages or a decrease in the quality of life. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties over the liability or damages could prolong the settlement process. This is often the case when there are multiple insurance companies involved or when the parties disagree on who was responsible for the incident.

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

Settlement

There are many things that can dramatically extend the time it takes for an 18-wheeler lawsuit to settle. This includes the severity of injuries and the insurance implications. It may also take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. It is important that you never settle your accident claim too early, as it could leave you without the money you're entitled to for the full range of damage.

Plaintiff attorneys who litigate Dexter 18 Wheeler Accident Lawsuit wheeler-related accidents work on contingency fees and don't get paid until they prevail or reach an agreement. This means that they've to invest their own money to pay for court costs, travel and expert witness expenses during the the case.

As you can imagine this can add up to quite a amount. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as settlement cash advances) to cover their legal expenses out of pocket in order to receive the money that they are owed sooner.