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

The time it takes to settle a truck accident situation varies from case to the next. The time frame for settlement could be affected by a variety of factors.

For instance, it may take time to determine who is liable for the accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The timeframe for settling of a lawsuit against an 18-wheeler depends on a myriad of factors, including the amount of liability and damages. If the parties involved in the incident are unable to come to an agreement regarding who is at fault, it could delay the trial. If there are any disagreements about witnesses' testimony or evidence and testimony, it could take longer time to resolve these issues.

Settlement amounts can be wildly different according to the severity of injuries, the insurance policy of the trucking firm and the laws and regulations of the federal or state that regulate commercial vehicles. It is important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning they don't get paid until they win or settle a case.

Due to the serious and often fatal injuries that can result from semi-truck accidents it's no surprise that these cases are big business for the lawyers who handle them. As such, it's not uncommon for settlements in these cases to exceed millions of dollars or more. This is especially true when the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. A lot of these truck accidents result in serious injuries and even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies in order to obtain their clients the maximum settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for 18 Wheeler accident Attorney various damages, including economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages may include emotional distress, disfigurement or diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means that they don't get paid until they prevail and agree to an agreement for their client. They are required to pay court costs as well as hire experts, other specialists, travel and other costs associated in winning the case.

Damages

18-wheeler accidents could cause serious injuries, especially if they occur at high speed. The impact of an 18 wheeler accident lawsuits-wheeler crash is more severe due to its weight and size. The damage can be more severe.

In addition to the medical and property damages that can result from a crash involving an 18-wheeler victims could be able to claim compensation for lost wages and the grief due to the loss of a loved. If you have experienced loss as a result of a semi truck accident an attorney for personal injury will help you determine all of the compensation that you could be entitled receive.

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

Timeline

There are a myriad of factors that contribute to how long it takes to settle a truck accident case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to its maximum before you settle. This is because you may be able to claim future losses such as lost wages or diminished quality of life. In addition, your attorney will require evidence to support these claims.

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

A reputable truck accident lawyer can assist you in determining if the insurance company is offering you an appropriate amount for your claim and whether or not it will take care of all your current and future losses. If the insurance company isn't willing to compromise, you may require a lawsuit that could prolong the time frame of the case. In certain cases the case could take longer than a year for the resolution.

Settlement

There are many things which can significantly extend the timeline it takes for an 18 wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance concerns involved. It could take some time for your doctor's records to demonstrate permanent impairments, which could affect the future loss you suffer. It is crucial to never settle your claim too early, as it could leave you without the money you'll need to cover the full range of injuries.

Plaintiff attorneys who take on 18-wheeler crashes are paid on a contingency basis and are not paid unless they win or reach a settlement. They have to pay for court costs as well as travel expenses and expert witness fees during the process of a case.

As you are able to imagine, this can add up quite a bit. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also known as lawsuit loans or settlement cash advances) to cover their legal expenses out of pocket to be able to collect the money that they are owed sooner.