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

The time it takes to settle a truck accident case varies from one to the next. There are many variables that can affect the speed of settlement.

For example, it can take a while to determine who is accountable for the accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The time frame for settling of a 18-wheeler lawsuit is dependent on a myriad of factors, including the possibility of liability and damages. If the parties involved in the incident are unable to come to an agreement about their respective faults, this could delay the proceedings. If there are disagreements 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 existing laws and regulations of the federal or state that govern commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means they are not paid until they win a case or reach an agreement.

It's no surprise that semi-truck accident cases are a lucrative business for lawyers. Settlements can often reach millions of dollars in these cases. This is particularly true when the trucking company has been declared to be negligent.

Liability

Every year there are over 100,000 accidents involving wausau 18 wheeler accident law firm wheelers in the United States. Many of these accidents result in serious injuries and even death. Often, insurance companies will lower the cost of victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and the damages. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies to ensure that they offer their clients the highest settlements.

In an 18-wheeler lawsuit, the defendants may be held accountable for economic and noneconomic damages. Economic damages could include medical bills, lost wages and future earnings. Other damages include emotional distress, disfigurement and reduced quality of life.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means they aren't paid until they win their case and reach an agreement with their client. In the meantime, they have to pay court costs, attend depositions and hire experts, other specialists, travel, and pay for other costs related to winning the case.

Damages

church point 18 wheeler accident lawsuit wheeler accidents can result in severe injuries, especially if they are high-speed crashes. The effects of an 18-wheeler collision is more intense because of its weight and size. This means that damages can be more severe as well.

In addition to medical and property damage that could result from a 18-wheeler crash victims could be able to claim compensation for lost wages and the grief caused by the loss of a loved. A personal injury lawyer can help you determine the amount of compensation you are entitled to if were a victim of the crash of a semi-truck.

Litigation can be expensive. Attorneys representing plaintiffs must pay for travel, depositions expert witnesses, and court costs. They must get the money of their clients as soon as they can. Fortunately, there are ways for plaintiffs to get their money faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for those injured and need to pay for their expenses while they await their settlement.

Timeline

Many factors influence the length of time required to settle a case that involves a truck. The severity of your injuries is an important factor. You should wait until your condition has improved to its maximum before making a decision on settlement. You may be able claim future losses, like lost wages or the lower quality of living. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties over 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 is responsible.

A qualified attorney for truck accidents can help you determine if the insurance company will offer you a fair amount and if it will pay for future and current damages. If the insurance company is not willing to compromise, you may need to file a lawsuit which could extend the time frame of the case. In certain cases it could take at least a year to solve the issue.

Settlement

There are several things that can drastically alter the timeline it takes for an 18 wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two aspects which can influence the length of time. It could also take time for your doctor's records to show permanent impairments which could impact the future loss you suffer. It is crucial to not settle your claim for an accident too early as it can leave you without the money you need to recover for the full extent of your injuries.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees. They don't get paid until they win their case or reach a settlement. This means they have to pay for Vimeo.Com their own money to pay for court costs, travel and expert witness expenses throughout the case.

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