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 timeframe for settlement can be affected by many factors.

It can take a long time to determine who is accountable for an accident. A lawyer can help identify all liable parties and maximize the 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. The case can be delayed if the parties to the collision are not able to agree on the fault. If there are disputes about the evidence or testimony of witnesses, this can delay the trial.

Depending on the extent of the injuries, as well as the size of the trucking company's insurance policy and existing state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. Remember that plaintiff lawyers are paid on a contingency basis. This means they don't get paid until they have won a case, or reached a settlement.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are a huge business for the attorneys who litigate them. In this way, it's not uncommon to see settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking company has been 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 accidents result in serious injuries, or even death. Most often, insurance companies reduce the victims of these accidents by offering settlements that do not reflect the extent of their injuries and the damages. A skilled 18 wheeler accident lawsuit-wheeler accident lawyer can negotiate with large insurance companies and get the best settlement for their clients.

In a case involving an 18-wheeler, the defendants may be held accountable for non-economic and economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic damages may include emotional distress, disfigurement and diminished quality of life.

Attorneys who represent plaintiffs in 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 an agreement for their client. They must pay court costs and hire experts, as well as other specialists, travel, Vimeo and other expenses associated with winning the case.

Damages

west point 18 wheeler accident Attorney-wheeler accidents could cause serious injuries, particularly when they occur at high speed. The impact of an 18-wheeler crash is more severe due to its weight and size. This means that damages can be greater as well.

In addition to the physical and medical damage that can result from an 18 wheeler crash victims can also receive compensation for their lost income and the grief caused by the loss of loved ones. A personal injury lawyer can help determine the maximum amount of compensation you are entitled to if have suffered losses as a result of a semi truck crash.

It's not a secret that litigation is expensive. Plaintiff attorneys need to pay for travel expenses and depositions, as well as hire expert witnesses, and cover costs for court, so they must get their clients' money as soon as they can. There are several ways plaintiffs can get their money more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent option for injured parties who need to cover their expenses while waiting for their settlement.

Timeline

There are many elements that determine how long it takes to settle a truck crash case. The severity of your injuries is a major factor. It is best to wait until your medical condition has improved to the maximum before you settle. You may be able claim future losses, like lost wages or the lower quality of living. Your attorney will need to provide evidence to support your claims.

Another factor that can prolong the settlement process is a dispute between parties over liability or damages. This can occur when multiple insurance companies are involved, or the parties do not agree on who is responsible.

A reputable truck accident attorney can help you determine whether the insurance company provides you with an acceptable amount and if it will pay for future and current damages. If the insurance company refuses to compromise, it could be necessary to file a lawsuit which could prolong time for the case. In some cases, the case could take more than a year to resolve.

Settlement

There are a few factors which can cause the longest time to settle a lawsuit against an 18-wheeler. This is due to the severity of the injuries and the insurance considerations that are involved. It could also take time for your doctor's report to demonstrate permanent impairments, which could affect your future losses. It is crucial to not settle your claim for an accident too early because it could result in you not receiving the funds you'll need to cover the full extent of your injuries.

Plaintiff attorneys who take on 18-wheeler accidents are compensated on a basis of contingency fees and are not paid unless they win or reach a settlement. This means that they've to invest their own money to cover court costs, travel and expert witness fees all during the this case.

As you can imagine this could add up to a lot. A lot of plaintiff attorneys with 18 wheels employ settlement cash advances, or lawsuit loans to pay for the legal expenses they incur out of pocket. This lets them receive the funds earlier.