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

The time it takes to settle a truck accident situation varies from case to the next. The timeline for settlement can be affected by a variety of factors.

For instance, it might take some time to determine who is responsible for the accident. A lawyer can help you determine all the parties responsible and maximize your settlement.

What to Expect

The time frame for settling in a lawsuit involving an 18-wheeler depends on a variety factors which include liability and damages. If the participants in the crash cannot reach an agreement about responsibility, this could greatly delay the proceedings. If there is disagreement regarding the evidence or the testimony of witnesses, this may delay the proceedings.

Settlement amounts can be wildly different according to the severity of injuries and the insurance policy of the trucking firm, and the existing laws and regulations of the federal or state that govern commercial vehicles. It is important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they win or reach a settlement in the case.

Because of the severe and often catastrophic injuries that result from semi-truck accidents it's not a surprise that these cases are huge business for attorneys who handle them. Therefore, it's not unusual to see settlements in these cases to be millions of dollars or more. This is particularly true when the trucking firm has been deemed negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these truck accidents cause serious injuries or even death. Often, insurance companies will lower the cost of victims of these accidents with settlement offers that don't reflect the full extent of their injuries and the damages. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to ensure that they offer their clients maximum settlements.

In a case involving an auburndale 18 wheeler accident law firm-wheeler, the defendants may be held responsible for non-economic and economic damages. Economic damages could include medical bills, lost wages or future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who litigate in coronado 18 wheeler accident attorney wheeler cases are compensated on a contingency basis. This means that they do not get paid until the case is settled and they agree to a settlement with their client. In the meantime, they need to pay court costs, attend depositions, employ experts and other specialists, travel and pay for any other expenses required to win the case.

Damages

18 wheeler accidents can result in serious injuries, especially when they're high-speed accidents. Due to the size and weight of these trucks, the impact could be more severe than a regular motor vehicle accident. The damage can be more extensive.

In addition to medical and property damage that could result from an 18-wheeler collision victims could be able to claim compensation for the loss of wages and grief that is caused by the loss of loved ones. If you've suffered losses in a semi truck accident, a personal injury attorney will help you determine all of the compensation you could be entitled receive.

It's no secret that litigation is expensive. Attorneys representing plaintiffs must pay for travel, depositions, expert witnesses, and court costs. They must receive the money of their clients as fast as they can. There are ways that plaintiffs can receive their money faster following an agreement. These are referred to as post settlement advances or lawsuit loans. They are a great method for injured parties to pay expenses while waiting on their settlement.

Timeline

There are many factors that affect the time required to settle a case with trucks. The severity of your injuries is the primary 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, such as lost wages or diminished quality of life. Your lawyer will have to provide evidence to back your claims.

Another factor that can prolong the settlement process is a dispute between two parties regarding liability or damages. This could happen when several 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 offering you an acceptable amount for your case and whether or not it will pay for all of your future and current losses. If the insurance company is not willing to negotiate, you may need to file a lawsuit which could extend the duration of the case. In certain cases, the case could take more than a full year to resolve.

Settlement

There are many things that can dramatically extend the time required for an 18 wheeler lawsuit to reach a settlement. The extent of the injuries and insurance considerations are two elements that can affect the timeline. It can take a while for your doctor to document of permanent impairments that could impact your future losses. It is not advisable to settle an injury claim too quickly, as it could leave you with no money to cover your full range losses.

Plaintiff attorneys who litigate 18 wheeler accidents work on contingency fees and don't get paid until they succeed in their case or negotiate a settlement. They have to pay for court costs and travel expenses as well as expert witness fees during the process of a case.

As you could imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called lawsuit loans or settlement cash advances) to help offset their legal expenses out of pocket so that they can get the money they're owed sooner.