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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 many factors that affect the timeline of settlement.

It could take a long time to determine who is accountable for an accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The time frame for settling in an 18 wheeler lawsuit is contingent on a variety of factors such as the possibility of liability and damages. If the participants in the crash are unable to reach an agreement on the their respective faults, this could delay the proceedings. If there is disagreement about the evidence or testimony of witnesses, this can also delay the case.

Depending on the extent of the injuries, as well as the size of the insurance policy of the trucking company and the current state or federal regulations governing commercial vehicles settlement amounts can be wildly different. Remember that plaintiff lawyers are paid on a contingency basis. This means they do not get paid until they succeed in winning a case or reach a settlement.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's no surprise that these types of cases are big business for the attorneys who litigate them. Settlements often amount to millions of dollars in these cases. This is especially true when the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these accidents result in serious injuries and even death. Most often, insurance companies reduce the victims of these accidents by offering settlement offers that do not reflect the extent of their injuries and the damages. However, an experienced 18 wheeler accident attorney can level the playing field and 18 Wheeler Accident Attorney negotiate with these big insurance companies to get their clients maximum settlements.

The defendants in a lawsuit against an 18-wheeler may be held liable for various types of damages, including non-economic and economic damages. Economic damages can include medical bills, wages lost and future earnings. Other damages include pain and suffering, emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who litigate in 18 wheeler accident lawsuit wheeler cases are compensated on a contingent basis. This means that they do not receive compensation until the case is settled and they reach a settlement with their client. They must pay court fees as well as hire experts, other specialists, travel, and other expenses that go along in winning the case.

Damages

18-wheeler accidents could cause serious injuries, especially when they occur at high speed. The impact of an 18-wheeler crash could be more intense because of its weight and size. This means that damages can be more extensive as well.

In addition to medical and property damage that could result from a crash involving an 18-wheeler victims could be able to claim compensation for the loss of earnings and grief caused by the loss of a loved. If you have experienced losses as a result of a semi-truck accident A personal injury lawyer will help you determine all of the compensation you may be entitled to receive.

It's not a secret that litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses, and court costs. They need the money of their clients as soon as possible. There are a variety of ways plaintiffs can receive their funds quicker after settlement. These are known as post settlement advances or lawsuit loans. These are an excellent option for those injured and need to pay for their expenses while they await their settlement.

Timeline

A variety of factors affect the length of time it takes to settle a case with a truck. The most important factor is the severity of your injuries. It is best to wait until your condition has improved to its maximum before making a decision on settlement. This is because you may be eligible to claim future losses, such as lost wages and diminished quality of life, and your attorney will require evidence to prove these claims.

A dispute between two parties over damages or liability can also prolong the settlement process. This can occur when there multiple insurance companies involved, or if the parties are arguing over the who was responsible for the incident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is offering you an adequate amount for your case and whether or it will pay for all of your current and future losses. If the insurance company is not willing to negotiate, you could need to file a lawsuit, which can lengthen the duration of the lawsuit. In some cases the case could take longer than a year for the resolution.

Settlement

There are several things that can drastically alter the time required for an 18-wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations that are involved. It can also take time for your doctor to provide evidence of permanent impairments that could affect your future losses. It is important that you never settle your claim too early as it can leave you without the money you'll need to recuperate the full extent of your injuries.

Plaintiff attorneys who litigate 18 wheeler accidents are paid contingency fees and don't get paid until they prevail or reach a settlement. They are required to pay court costs along with travel and expert witness fees throughout the process of a case.

As you can imagine this can add up to quite a amount. A lot of plaintiff attorneys with 18 wheeler accident wheels utilize settlement cash advances or lawsuit loans to cover their legal expenses out of pocket. This allows them to get the money sooner.