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

The time it takes to settle a truck accident case varies from one case to the next. The timeframe for settlement can be affected by a variety of factors.

For example, it can take a while to determine who is responsible for the accident. A lawyer can help identify the responsible parties and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the liability and damages. The case can be delayed if parties to the collision cannot agree on fault. In addition, if there are any disagreements about the evidence or witness testimony the process could take longer time to solve these issues.

Settlement amounts can differ greatly dependent on the severity of injuries and the insurance policy of the trucking firm and the current laws and regulations of the federal or state that regulate commercial vehicles. Remember that plaintiff attorneys are paid on a contingency basis. This means that they don't get paid until they are successful in a case or agree to an agreement.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are lucrative for the attorneys who litigate them. Settlements can be as high as millions of dollars in these cases. This is especially true if the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these truck crashes result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. However, an experienced attorney for 18 wheeler accidents can level the playing field and 18 wheeler accidents negotiate with these large insurance companies to secure their clients the most lucrative settlements.

In a lawsuit brought against an 18-wheeler, the defendants may be held liable for economic and noneconomic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages can include emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingent basis. This means that they don't get paid until the case is settled and they settle with their client. They have to pay court costs and hire experts, as well as other specialists, travel, and other expenses associated in winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly when they're high-speed crashes. The impact of an 18-wheeler crash is more intense because of its size and weight. This means that the damage could be more extensive as well.

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

The costs of litigation can be quite high. Attorneys representing plaintiffs have to pay for travel, depositions, expert witnesses and court costs. They must get the money of their clients as fast as they can. There are many ways that plaintiffs can get their money quicker after a settlement. These are known as post settlement advances or lawsuit loans. These are an excellent option for those who have suffered injuries and need to pay for their expenses while they await their settlement.

Timeline

A variety of factors affect the amount of time it takes to settle a case involving a truck. The severity of your injuries is an important factor. It is important to wait until you have reached maximum medical improvement before making a decision to settle. You could be eligible to claim future losses, for example, reduced wages or a decrease in the quality of living. Your lawyer will have to present evidence to support your claims.

A dispute between the parties regarding the liability or damages could prolong the settlement process. This can occur when multiple insurance companies are involved or the parties disagree about who is responsible.

A skilled truck accident lawyer can assist you in determining if the insurance company is offering an adequate amount for your case and whether or it will take care of all your current and future losses. If the insurance company isn't willing to compromise, you may need to file a suit, which can lengthen the timeline of the case. In certain cases the case may take more than a year to settle.

Settlement

There are several factors that can make it take some time to settle a lawsuit involving an 18 wheeler accident law firm-wheeler. This includes the severity of injuries and the insurance considerations that are involved. It could take time for your doctor to submit documentation of permanent impairments that could affect your future losses. It is important that you never settle your claim too early as it can leave you without the money you need to recover for the full extent of your losses.

Plaintiff attorneys who handle 18 wheeler-related accidents work on contingency fees and don't get paid until they prevail or reach a settlement. This means that they've to pay for their own money to cover expenses for travel, court costs and expert witness expenses throughout the case.

As you can imagine, this can add up to quite a large amount. A lot of 18 wheeler accident lawyers wheeler plaintiff lawyers make use of post settlement advances (also known as settlement cash advances) to help offset their legal expenses out of pocket to be able to collect the money that they are owed sooner.