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

The time it takes to settle a trucking accident instance can vary from case to case. The timeline for settlement can be affected by a variety of factors.

For instance, it could take time to determine who is liable for the accident. A lawyer can assist you determine all the parties responsible and maximize the amount you receive.

What to Expect

The timeline for a settlement in a case involving an 18-wheeler is dependent on many factors, including the amount of liability and damages. The case could be delayed if the parties to the accident cannot agree on the cause of the accident. Additionally, if there are any disputes over the evidence or witness testimony and testimony, it could take longer time to solve these issues.

Based on the severity of the injuries, the amount of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles settlement amounts can vary widely. Remember that plaintiff lawyers are paid on the basis of a contingency. This means they don't get paid until they are successful in a case or agree to an agreement.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents, it's not a surprise that these cases are a huge business for the attorneys who handle them. In this way, it's not common to see settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company is considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents cause serious injuries and even death. Often, accidents insurance companies will lower the cost of victims of these accidents by offering settlement offers that do not reflect the extent of their injuries and damages. However, a skilled attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies in order to obtain their clients the highest settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for various types of damages, such as economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages can include suffering and pain as well as emotional distress, disfigurement and a lower quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingency basis. This means that they do not receive compensation until their case is won and they negotiate a settlement with their client. In the meantime, they must cover court costs, take depositions, employ experts and other specialists, travel and pay for other expenses that are related to winning the case.

Damages

18 wheeler accidents can result in serious injuries, especially when they're high-speed accidents. Due to the weight and size of these trucks, the impact of an accident can be even more devastating than a typical motor vehicle crash. This means that the damage could be more severe as well.

In addition to the medical and property damage that may result from an 18 wheeler crash victims can also claim compensation for their lost income and the grief caused by the loss of loved ones. If you've suffered losses in a semi truck accident, a personal injury lawyer can assist you in determining all of the compensation that you could be entitled receive.

The cost of litigation can be high. Plaintiff attorneys must pay for depositions, travel, expert witnesses, and court costs. They need the money of their clients as soon as they can. There are several ways plaintiffs can get their money more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

A variety of factors affect the amount of time it takes to settle a case which involves trucks. The severity of your injuries is an important factor. It is essential to wait until you have reached the point of maximum medical improvement before you settle. You could be eligible for future losses, for accidents example, lost wages or the lower quality of living. Your lawyer will have to prove your claims.

A dispute between the parties about the liability or damages could prolong the settlement process. This could happen when several insurance companies are involved or the parties disagree about the fault of one party.

A reputable lawyer for truck accidents can help you determine if the insurance company is offering you an adequate amount for your case, and whether or not it will cover all of your current and future losses. If the insurance company refuses to negotiate, it may be necessary to file a lawsuit which can extend time for the case. In certain cases the case may take more than a year for the resolution.

Settlement

There are several things that can dramatically extend the time frame required for an newman 18 wheeler accident law firm wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two aspects that can affect the timeline. It may also take some time for your doctor's documentation to reveal permanent impairments that could affect your future losses. It is not advisable to settle an injury claim too quickly as it may result in you not having enough money to cover all damages.

Plaintiff attorneys who litigate 18 wheeler accidents work on contingency fees. They don't get paid until they are successful or reach an agreement. This means that they've to pay for their own money to cover the costs of court, travel, and expert witness expenses throughout the case.

As you are able to imagine, this can add up quite a bit. A lot of hartford city 18 wheeler accident attorney wheeler plaintiff lawyers utilize post settlement advances (also known as lawsuit loans or settlement cash advances) to offset their legal costs out-of-pocket to get the money they're owed sooner.