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 number factors.

For instance, it might take a while to determine who is accountable for the accident. A lawyer can assist you determine all the parties responsible and maximize the amount you receive.

What to Expect

The time frame for settling of a lawsuit involving an evansville 18 wheeler accident law firm-wheeler is contingent on a variety of factors, including the liability and damages. If the parties involved in the collision cannot reach an agreement about fault, this can greatly delay the proceedings. If there is a dispute over the evidence or testimony of witnesses, this could delay the case.

Settlement amounts can be wildly different in proportion to the severity of injuries and the insurance policy of the trucking company and the current state or federal regulations that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means they are not paid until they are successful in a case or agree to an agreement.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these types of cases are big business for the lawyers who represent them. Therefore, it's not uncommon to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking company is considered to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. A lot of these accidents result in serious injuries or even death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a skilled attorney for accidents involving suwanee 18 Wheeler accident law firm wheels can even the playing field and negotiate with these big insurance companies to ensure that they offer their clients the highest settlements.

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

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingent basis. This means that they don't receive compensation until their case is resolved and they negotiate a settlement with their client. In the meantime, they need to pay for court fees, take depositions and hire experts, suwanee 18 Wheeler accident law firm other experts, travel and pay for any other expenses required to win a case.

Damages

18 wheeler accidents can lead to serious injuries, particularly if they are high-speed crashes. The consequences of an accident involving an 18-wheeler can be more serious because of its size and weight. This means that the damages could be higher as well.

In addition to medical and property damages that can result from an 18-wheeler collision victims could also be entitled to compensation for the loss of wages and grief caused by the death of loved ones. A personal injury lawyer can help determine the maximum amount of compensation you can receive if you have suffered losses as a result of an accident involving a semi-truck.

The cost of litigation can be high. Attorneys representing plaintiffs have to pay for things like travel for depositions, travel to court, hire expert witnesses, and pay costs for court, so they need their clients' money as soon as they can. There are ways that plaintiffs can receive their money faster following an agreement. These are called post settlement advances, lawsuit loans, or settlement cash advances. These are an excellent way for injured parties to pay expenses while waiting on their settlement.

Timeline

A variety of factors affect the length of time required to settle an accident case that involves the truck. The severity of your injuries is an important factor. You should wait until your condition has improved to the maximum before settling. You may be able claim future losses, including lost wages or the lower quality of living. Your attorney will need to prove your claims.

A dispute between the parties regarding the liability of either party can prolong the settlement process. This can happen when multiple insurance companies are involved or the parties are not able to agree on who was at fault.

A qualified truck accident lawyer can assist you in determining if the insurance company is providing you with a fair amount for your claim and whether or the insurance company will take care of all your current and future losses. If the insurance company is unwilling to compromise, it could be necessary to file a suit that could extend the timeline for the case. In certain instances the case could take more than a year to settle.

Settlement

There are several things that can significantly lengthen the time it takes for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance implications. It could take some time for your doctor's report to identify permanent impairments that could affect the future loss you suffer. It is important that you never settle your accident claim too early, as it could result in you not receiving the funds you'll need to cover the full range of losses.

Attorneys representing plaintiffs in cases involving 18 wheeler crashes work on contingency fee and don't get paid until they succeed in their case or negotiate an agreement. They must pay for court costs and travel expenses as well as expert witness fees during the course of a case.

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