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

The amount of time required to settle a trucking accident situation can differ from case to case. The timeframe for settlement can be affected by a number factors.

For instance, it may 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 timeframe for settling of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the amount of liability and damages. The case can be delayed if the parties to the collision cannot agree on the cause of the accident. If there are disputes about the evidence or testimony of witnesses, this may also delay the case.

Settlement amounts can be wildly different in proportion to the severity of injuries, 18 wheeler accidents the insurance policy of the trucking firm, and the existing laws and regulations of the federal or state 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 until they prevail or settle the case.

Because of the severe and often catastrophic injuries that result from semi-truck accidents, it's no surprise that these cases are lucrative for the lawyers who represent them. It's uncommon for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company has been considered to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these crashes result in serious injuries, or even death. Most often, insurance companies lower the cost of victims of these accidents with settlement offers that don't reflect the extent of their injuries and damages. However, a reputable attorney for accidents involving 18 wheels can level the playing field and negotiate with these big insurance companies in order to obtain their clients the highest settlements.

The defendants in an 18 wheeler lawsuit could be held responsible for various damages, including economic and non-economic damages. The economic damages can be medical bills, lost wages, and future earnings. Other damages include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, meaning that they don't receive any money until they succeed in their case and negotiate a settlement for their client. In the meantime, they need to cover court costs, take depositions, engage experts and other specialists, travel, and pay for other expenses related to winning the case.

Damages

18 Wheeler Accidents [0522565551.Ussoft.Kr] can result in severe injuries, especially when they're high-speed accidents. The impact of an 18 wheeler accident attorney-wheeler crash could be more than normal due to its weight and size. This means that the damages could be greater as well.

In addition to the medical and property damages that can be caused by the crash of an 18 wheeler victims can also claim compensation for the loss of their wages and the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the maximum amount of compensation you are entitled to if have suffered losses due to an accident involving a semi truck.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs need to pay for depositions, travel expenses, expert witnesses and court costs. They must get the money of their clients as quickly as they can. There are many ways that plaintiffs can receive their money sooner after the settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties who require to pay for their expenses while waiting for their settlement.

Timeline

There are many elements that determine how long it takes to settle a truck accident case. One major factor is the severity of your injuries. It is essential to wait until you have reached your maximum level of medical improvement before making a decision to settle. This is because you could be entitled to claim future losses such as lost wages and diminished quality of life, and your attorney will need evidence to support these claims.

A dispute between two parties over the liability of either party can prolong the settlement process. This is often the case when multiple insurance companies are involved or the parties disagree about who is at fault.

A reputable truck accident attorney can help you determine whether the insurance company is willing to pay an acceptable amount and if it will be able to cover your future and current damages. If the insurance company isn't willing to negotiate, you might need to file a suit and this can extend the duration of the lawsuit. In certain situations, it could take at least a year to finish the case.

Settlement

There are several things that can drastically alter the time it takes for an 18 wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance concerns involved. It may also take a while for your doctor to document of permanent impairments that could affect your future losses. It is not advisable to settle a claim for an accident too quickly, as it could leave you without a sufficient amount to cover your full range damage.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a contingency fee basis and are not paid unless they prevail or reach a settlement. They must pay for court costs and travel expenses as well as expert witness fees throughout the process of a case.

As you are able to imagine, this can be quite costly. A lot of plaintiff attorneys with 18 wheels utilize settlement cash advances or lawsuit loans to offset their out-of pocket legal expenses. This lets them receive the funds earlier.