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

The time needed to settle a trucking crash instance can vary from case to case. There are a number of variables that can affect the time frame of settlement.

It can take an extended time to determine who is responsible for an accident. An attorney can help determine the responsible parties and 18 Wheeler Accidents maximize your settlement.

What to Expect

The time frame for settlement in an 18 wheeler lawsuit is based on a variety of factors including the amount of the amount of liability and damages. The case could be delayed if the parties in the collision are not able to agree on the fault. If there is disagreement about the evidence or testimony of witnesses, this may delay the trial.

Depending on the extent of the injuries, as well as the size of the trucking company's insurance policy and existing state or federal regulations governing commercial vehicles, 18 wheeler accidents settlement amounts can be wildly different. It's important to note that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid unless they win or reach a settlement in the case.

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 especially true if 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 severe injuries and even death. Most often, insurance companies make it difficult for victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and the damages. However, a skilled attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the most lucrative settlements.

In an 18-wheeler lawsuit, the defendants may be held liable for non-economic and economic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages may include suffering and pain and emotional distress, disfigurement, and a lower quality of life.

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, meaning that they aren't paid until they win their case and reach a settlement for their client. In the meantime, they have to pay court costs, attend depositions, hire experts and other specialists, travel, and pay for other expenses related to winning the case.

Damages

18 wheeler accidents can cause severe injuries, especially in high-speed collisions. Due to the size and weight of these trucks, the impact can be even more severe than a regular motor vehicle crash. The damage can be more extensive.

In addition to the property and medical damage that could result from an 18 wheeler accident law firms wheeler crash victims may also be eligible for compensation for the loss of their income and the grief caused by the loss of loved ones. If you've suffered losses as a result of a semi-truck accident, a personal injury lawyer can help you determine the amount of the compensation you may be entitled to receive.

It's no secret that litigation can be expensive. Attorneys representing plaintiffs need to pay for travel, depositions expert witnesses, and court costs. They must get the money of their clients as quickly as they can. There are many ways that plaintiffs can receive their funds more quickly after a settlement. These are known as post settlement advances or lawsuit loans. These are an excellent option for injured parties who need to cover their expenses while they await their settlement.

Timeline

There are a variety of factors that contribute to the time it takes to settle a truck crash case. One of the most important factors is the severity of your injuries. It is crucial to wait until you've reached maximum medical improvement before settling. You may be able claim future losses, including loss of wages or a lower standard of life. Your attorney will need to present evidence to support your claims.

A dispute between the parties regarding the liability or damages could delay the settlement process. This can occur when there are several insurance companies involved, or if the parties disagree on the who was responsible for the incident.

A reputable truck accident lawyer will help you determine if the insurance company is providing you with an acceptable amount for your case and whether or not it will be able to cover all of your current and future losses. If the insurance company refuses to negotiate, it could be required to file a lawsuit that could extend the duration of the case. In some instances the case may take more 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. The severity of the injuries and insurance considerations are two aspects that can affect the timeline. It could take some time for your doctor's documentation to show permanent impairments which could impact your future losses. Do not settle a claim arising from an accident too quickly as it may leave you without money to cover the full amount of losses.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fees. They aren't paid until they win their case or reach a settlement. This means they've to pay for their own money to pay for court costs, travel and expert witness costs all during the the case.

As you are able to imagine, this can add up quite a bit. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to offset the legal expenses they incur out of pocket. This allows them to get the money sooner.