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

The time required to settle a truck accident situation varies from case to the next. There are a number of factors that could affect the timeline of settlement.

For instance, it may 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 accident attorney lawsuit is dependent on many factors, including liability and damages. The case can be delayed if the parties in the collision cannot agree on fault. If there is disagreement over the credibility of witnesses or evidence of witnesses, this can delay the case.

Based on the severity of the injuries, the size of the insurance policy of the trucking company and any existing federal or state regulations governing commercial vehicles settlement amounts can differ widely. It's important to remember that plaintiff attorneys are paid on a contingency basis, meaning they don't get paid until they prevail or settle a case.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are lucrative for the attorneys who handle them. In this way, it's not uncommon to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company is declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these crashes result in serious injuries, or even death. Often, insurance companies will lower the cost of victims of these accidents with settlements that do not reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can even the playing field and 18 wheeler accident attorney negotiate with these huge insurance companies to ensure that they offer their clients maximum settlements.

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

Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means they aren't paid until they succeed in their case and negotiate an agreement for their client. They must pay court fees and hire experts, as well as other specialists, travel and other costs associated with winning the case.

Damages

18-wheeler accidents can cause serious injuries, particularly when they occur at a high speed. The impact of an 18-wheeler crash is more than normal because of its weight and size. This means that the damage could be greater as well.

In addition to the physical and medical damage that may result from an 18 wheeler wreck lawyers wheeler crash victims can also receive compensation for lost earnings and the pain caused by the loss of a loved one. If you have experienced loss as a result of a semi truck accident an attorney for personal injury can help you determine all of the compensation you could be entitled to receive.

The cost of litigation can be high. Attorneys representing plaintiffs have to pay for things like travel for depositions, travel to court, hire experts to testify, and pay for court costs, which is why they require their clients' money as fast as they can. There are a variety of ways plaintiffs can receive their money quicker after settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. These are a great option for injured parties who need to cover their expenses while waiting for their settlement.

Timeline

There are many factors that affect the time it takes to settle a truck crash case. One of the major factors is the severity of your injuries. It is important to wait until you've reached your maximum level of medical improvement before making a decision on settlement. You could be eligible to claim future losses, like lost wages or diminished quality of living. Your lawyer will have to provide evidence to back your claims.

Another reason that can delay the settlement process is a dispute between parties over the liability of damages or liability. This can happen when multiple insurance companies are involved, or the parties disagree about who is responsible.

A skilled truck accident lawyer can help you determine whether the insurance company is providing you with an adequate amount for your claim and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company is not willing to negotiate, you could have to file a lawsuit that could prolong the duration of the lawsuit. In certain cases it may take at least a year to settle the case.

Settlement

There are several things that can significantly lengthen the time it takes for an 18 wheeler wreck lawyer wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance implications. It may also take some time for your doctor's documentation to reveal permanent impairments that could affect your future losses. It is crucial to never settle your accident claim too early, as it could result in you not receiving the funds you'll need to recuperate the full range of injuries.

Plaintiff attorneys who handle 18 wheeler-related accidents work on contingency fees. They aren't paid until they win their case or reach a settlement. This means they have had to spend their own money to cover the costs of court, travel, and expert witness expenses all throughout this case.

As you can imagine, this can add up to quite a large amount. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as lawsuit loans or settlement cash advances) to cover the legal costs they incur out of pocket to be able to collect the money they owe sooner.