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

The time required 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 instance, it might take some time to determine who is responsible for the accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The time frame for settlement of a lawsuit against an 18-wheeler depends on many factors including liability and damages. If the participants in the crash are unable to reach an agreement on the responsibility, this could greatly delay the proceedings. If there is disagreement about the evidence or testimony of witnesses, this can delay the case.

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 may vary widely. Keep in mind that plaintiff attorneys are paid on an on a contingency basis. This means they don't get paid until they are successful in a case or agree to a settlement.

It's no surprise that semi-truck accidents are a major source of revenue for attorneys. In this way, it's not uncommon for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. Many of these accidents result in serious injuries and even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the maximum settlements.

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

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingency basis. This means that they don't receive compensation until their case is resolved and they agree to a settlement with their client. In the meantime, they need to cover court costs, take depositions, engage experts and other specialists, travel and pay for other costs related to winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially when they occur at high speed. Due to the size and weight of these trucks, the impact may be even more severe than a normal motor vehicle crash. This means that the damages could be greater as well.

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

It's no secret that litigation can be costly. Attorneys representing plaintiffs have to pay for travel expenses, take depositions, hire expert witnesses, and cover court costs, so they need their clients' cash as soon as possible. Fortunately, there are ways that plaintiffs can receive their money faster following the settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. These are an excellent way 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 crash case. 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 making a decision to settle. You may be able to claim future losses, such as lost wages or the lower quality of living. Your attorney will need to prove your claims.

A dispute between the parties regarding damages or liability can also delay the settlement process. This is often the case when there multiple insurance companies involved or if the parties are disputing who is responsible for the accident.

A qualified attorney for truck accidents can help you determine if the insurance company is willing to pay an adequate amount and whether it will cover future and present damages. If the insurance company isn't willing to negotiate, you may have to file a lawsuit, which can lengthen the timeline of the case. In some cases it may take a year or more to resolve the case.

Settlement

There are several things that can significantly lengthen the timeline it takes for an 18 wheeler accident law firm wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two aspects that can impact the timeline. It may also take a while for your doctor to document of permanent impairments that could affect your future losses. It is crucial to not settle your claim for an accident too early as it can result in you not receiving the funds you're entitled to for the full range of losses.

Plaintiff attorneys who litigate 18 wheeler accidents are paid contingency fees. They don't get paid until they prevail or reach a settlement. This means that they've had to spend their own money to cover the costs of court, travel, and expert witness expenses during the course of the case.

As you can imagine this can add up to quite a amount. Many 18-wheeler plaintiff attorneys make use of settlement cash advances or lawsuit loans to pay for their legal expenses out of pocket. This allows them to access the funds sooner.