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

The amount of time required to settle a trucking accident case varies from case to case. There are many factors that can influence the length of time to settle.

For example, it can take time to establish who is liable for the accident. A lawyer can help you identify all the liable parties and maximize the amount you receive.

What to Expect

The time frame for settlement of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including the liability and damages. If the parties involved in the collision are unable to reach an agreement regarding fault, this can greatly delay the proceedings. Furthermore, if there is any disagreements about witness testimony or evidence or testimony, it could take more time to solve these issues.

Based on the severity of the injuries, the amount of the insurance policy of the trucking company and the existing state or federal regulations that govern commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, which means they don't get paid unless they win or reach a settlement in the case.

Due to the serious and often fatal injuries that result from semi-truck accidents, it's not a surprise that these cases are big business for the lawyers who represent them. In this way, it's not unusual 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

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these crashes result in serious injuries, or even death. The majority of insurance companies reduce the victims of these accidents by offering settlements that do not reflect the full extent of their injuries and the damages. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to get their clients the most lucrative settlements.

The defendants in a case involving an 18 wheeler accident law firm wheeler could be held accountable for a variety of damages, including non-economic and economic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement, and diminished quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they do not get paid until their case is settled and they negotiate a settlement with their client. They must pay court fees, hire experts, other specialists, travel, and other expenses associated with winning the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed accidents. Due to the weight and size of these trucks, the impact could be even more severe than a normal motor vehicle crash. This means that the damage could be greater as well.

In addition to the physical and medical damage that can result from the crash of an 18 wheeler victims can also claim compensation for their lost earnings and the pain caused by the loss of loved ones. A personal injury lawyer can assist you to determine the total amount you are entitled to if are suffering losses as a result of a semi truck crash.

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

Timeline

A variety of factors affect the amount of time it takes to settle an accident case which involves a truck. One major factor is the severity of your injuries. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. This is due to the fact that you may be in a position to claim future losses, such as lost wages or a diminished quality of life, and your attorney will require evidence to support these claims.

Another factor that can lengthen the process of settlement is a dispute between parties over liability or damages. This can occur when there are multiple insurance companies involved or the parties disagree on who is responsible for the accident.

An experienced truck accident lawyer can help you determine if the insurance company offers you an acceptable amount and if it will cover your current and future damages. If the insurance company is unwilling to negotiate, it could be necessary to file a suit which could prolong time for the case. In certain instances the case could take longer than a year to resolve.

Settlement

There are a few factors that could cause a long time to settle a lawsuit involving an 18-wheeler. This is due to the severity of the injuries and the insurance concerns involved. It could take a bit of time for the documentation from your doctor to identify permanent impairments that could impact the future loss you suffer. Do not settle a claim arising from an accident too early, as this could leave you without a sufficient amount to cover the full amount of damage.

Plaintiff attorneys who take on 18 wheeler accident lawsuit-wheeler accidents are compensated on a contingency fee basis and are not paid until they prevail or reach an agreement. This means they've had to put aside their own money to pay for expenses for travel, court costs and expert witness expenses during the the case.

As you can imagine, this can be quite costly. A lot of plaintiff attorneys with 18 wheels make use of settlement cash advances or lawsuit loans to pay for their out-of pocket legal expenses. This lets them get their money earlier.