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

The amount of time required to settle a trucking crash situation can differ from case to case. The time frame for settlement could be affected by a variety of factors.

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

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors including the amount of liability and damages. If the parties involved in the incident are not able to reach an agreement on the who is at fault, it could delay the process. Additionally, if there are any disagreements about evidence or witness testimony the process could take longer time to solve these issues.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and existing state or federal regulations governing commercial vehicles, settlement amounts can differ widely. Remember that plaintiff lawyers are paid on the basis of contingency. This means they do not get paid until they have won a case, or reached an agreement.

Due to the serious and often fatal injuries that can result from semi-truck accidents, it's not a surprise that these cases are big business for the attorneys who litigate them. Settlements can reach millions of dollars in these cases. This is especially true if the trucking firm has been deemed negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries and even death. Often, insurance companies will lower the cost of victims of these accidents by offering settlements that do not reflect the extent of their injuries and the damages. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these massive insurance companies to get their clients the most lucrative settlements.

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

Plaintiff attorneys who are litigating in shenandoah 18 wheeler accident attorney wheeler cases are paid on a contingency basis. This means that they don't receive compensation until their case is resolved and they reach a settlement with their client. In the meantime, they have to cover court costs, take depositions and hire experts, other specialists, travel, and pay for any other expenses associated with winning the case.

Damages

18 wheeler accidents can result in serious injuries, particularly when they're high-speed accidents. The consequences of an accident involving an 18-wheeler is more intense due to its size and weight. This means that damages can be greater as well.

In addition to the property and medical damage that may result from an 18 wheeler crash victims can also receive compensation for their lost wages as well as the grief caused by the loss of a loved one. If you have experienced losses from a semi truck accident, a personal injury lawyer can help you determine all of the compensation you are entitled to receive.

It's no secret that litigation can be expensive. Plaintiff attorneys must pay for travel expenses and depositions, as well as hire experts to testify, and pay for court costs, so they must receive their clients' money as fast as they can. Fortunately, there are ways that plaintiffs can receive their money sooner after settlement. These are called post-settlement advances, lawsuit loans or settlement cash advances. These are a great way for accidents injured parties to cover expenses while they wait on their settlement.

Timeline

There are a myriad of factors that influence the time it takes to settle a truck crash case. One major factor is the severity of your injuries. It is important to wait until you've achieved your maximum medical improvement before settling. You could be eligible for future losses, for example, lost wages or diminished quality of living. Your attorney will need to provide evidence to back your claims.

A dispute between the parties about the liability of either party can prolong the settlement process. This can happen when multiple insurance companies are involved or the parties disagree about who was at fault.

A reputable lawyer for truck accidents will help you determine if the insurance company is providing you with an appropriate amount for your case and whether or the insurance company will pay for all of your current and future losses. If the insurance company refuses to negotiate, it could be required to file a lawsuit, which could extend the duration of the case. In certain cases, the case could take more than a full year to resolve.

Settlement

There are a few elements that can cause an extended time to settle an 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two factors which can influence the length of time. It could take some time for your doctor's report to show permanent impairments which could affect your future losses. Do not settle an injury claim too quickly, as it could leave you without a sufficient amount to cover the full amount of losses.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fee and don't get paid until they succeed in their case or negotiate a settlement. They have to pay for court costs, travel expenses, and expert witness fees throughout the trial.

As you are able to imagine, this can add up quite a bit. Many manasquan 18 wheeler accident law firm-wheeler plaintiff lawyers make use of settlement cash advances or lawsuit loans to cover their legal costs out of pocket. This lets them get their money earlier.