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

The time required to settle a trucking crash instance can vary from case to case. The time frame for settlement could be affected by a number factors.

It could take a long time to determine who is accountable for an accident. A lawyer can assist in identifying all parties responsible and help maximize the settlement.

What to Expect

The timeline for a settlement in a lawsuit against an 18-wheeler is dependent on many factors such as the possibility of liability and damages. The case may be delayed if the parties involved in the collision do not agree on the cause of the accident. If there is disagreement about the evidence or Vimeo.Com testimony of witnesses, this may delay the trial.

Based on the severity of the injuries, the amount of the insurance policy of the trucking company and existing state or federal regulations for commercial vehicles, settlement amounts can vary widely. Remember that plaintiff lawyers are paid on the basis of a contingency. This means that they do not get paid until they have won a case, or reached a settlement.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these cases are a huge business for the attorneys who handle them. Settlements can often reach millions of dollars in these cases. This is especially true when the trucking company is found to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. Many of these accidents cause serious injuries and even death. Often, insurance companies will reduce the victims of these accidents with settlements that do not reflect the full extent of their injuries and the damages. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these massive insurance companies to secure their clients maximum settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for several types of damages, including economic and non-economic damages. Economic damages can include 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 handle 18 wheeler cases are paid on a contingency basis, meaning that they aren't paid until they succeed in their case and negotiate an agreement for their client. They must pay court fees as well as hire experts, other specialists, travel, and other costs associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed crashes. Due to the size and weight of these trucks, the impact may be more severe than a regular motor vehicle crash. The damage can be higher.

In addition to the medical and property damages that may result from a collision with an 18-wheeler, victims may also be entitled to compensation for lost wages and the grief caused by the loss of a loved. A personal injury lawyer can assist you to determine the full compensation you are entitled to if were a victim of an accident involving a semi-truck.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs have to pay for travel expenses and depositions, as well as hire expert witnesses, and cover costs for court, so they need their clients' money as fast as possible. There are many ways for plaintiffs to get their money quicker after the 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

There are many factors that affect the length of time it takes to settle an accident case which involves a truck. One of the major factors is the severity of your injuries. It is essential to wait until you have reached the point of maximum medical improvement before making a decision to settle. You could be eligible for future losses, such as lost wages or the lower quality of living. Your lawyer will have to provide evidence to support your claims.

A dispute between the parties regarding the liability or damages could prolong the settlement process. This can happen when there are several insurance companies involved or if the parties are disputing who was at fault for the accident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is providing you with an acceptable amount for your claim and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company is unwilling to negotiate, it might be required to file a lawsuit that could extend time for the case. In certain instances the case could take longer than a year to settle.

Settlement

There are a variety of factors that can significantly lengthen the time required for an 18 wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations that are involved. It could also take time for your doctor's documentation to reveal permanent impairments that could affect the future loss you suffer. It is not advisable to settle an injury claim too soon as this can result in you not having enough money to cover your full range damage.

Plaintiff attorneys who litigate 18 wheeler accidents work on contingency fees. They aren't paid until they are successful or reach a settlement. They must pay for court costs and travel expenses as well as expert witness fees throughout the trial.

As you can imagine this could add up to a lot. Many san leandro 18 wheeler accident lawyer-wheeler plaintiff attorneys make use of settlement cash advances or lawsuit loans to offset their out-of pocket legal expenses. This allows them to receive the funds earlier.