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 length of time for settlement may be affected by several factors.

It could take several months to determine who is accountable for an accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The time frame for settling of a 18-wheeler lawsuit is dependent on many factors including the liability and damages. If the parties involved in the collision are unable to come to an agreement regarding who is at fault, it could delay the proceedings. In addition, if there are any disagreements over witness testimony or evidence or testimony, it could take more time to resolve these issues.

Settlement amounts vary in proportion to the severity of injuries and the insurance policy of the trucking firm and the current federal or state regulations that regulate commercial vehicles. It's important to keep in mind 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.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these cases are big business for the attorneys who handle them. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking firm has been considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18 wheeler accident attorney-wheelers. Many of these truck accidents result in serious injuries, or even death. Insurance companies often underestimate the injuries and damages of victims in these accidents. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to secure their clients the highest settlements.

In a case involving an 18-wheeler, the defendants may be held accountable for economic and noneconomic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic losses include pain and suffering and emotional distress, disfigurement and a diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means that they don't receive any money until they are successful and can negotiate a settlement for their client. They must pay court fees and also hire experts, specialists, travel and other costs associated in winning the case.

Damages

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

In addition to the property and medical damage that can result from an 18 wheeler crash victims may also be eligible for compensation for their lost income and the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the total amount you are entitled to if were a victim of the crash of a semi-truck.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for depositions, travel, expert witnesses, and court costs. They must receive the money of their clients as fast as they can. Fortunately, there are ways that plaintiffs can receive their money sooner after settlement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties who require to pay for their expenses while waiting for their settlement.

Timeline

Many factors influence the amount of time it takes to settle a case involving trucks. One of the major factors is the severity of your injuries. You should wait until your medical condition has improved to its maximum before making a decision on settlement. You could be eligible to claim future losses, such as reduced wages or a decrease in the quality of living. Your lawyer will have to present evidence to support your claims.

A dispute between two parties over the liability or damages could delay the settlement process. This is often the case when there are multiple insurance companies involved or the parties are arguing about the who was responsible for the accident.

A reputable truck accident lawyer can help you determine whether the insurance company is offering you an appropriate amount for your claim and whether or not it will cover all of your future and current losses. If the insurance company refuses to compromise, it could be necessary to file a lawsuit that could extend the timeline for the case. In certain cases it may take up to a year or more settle the case.

Settlement

There are many things that can drastically alter the time required for an 18-wheeler lawsuit to reach a settlement. The extent of the injuries and insurance considerations are two elements that can impact the timeline. It can also take time for your doctor to submit documentation of permanent impairments that could impact your future losses. It is crucial to never settle your accident claim in a hurry, as it may result in you not receiving the funds you need to recover for the full extent of your damage.

Attorneys who represent plaintiffs in 18-wheeler accidents are paid on a contingency fee basis and are not paid until they win or agree to an agreement. This means they've had to spend their own money to cover the costs of court, travel, and expert witness fees all throughout the case.

As you might imagine, this could add up quite a bit. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also called lawsuit loans or settlement cash advances) to offset the legal costs they incur out of pocket to get the money they're owed sooner.