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

The time it takes to settle a trucking accident case can vary from case to case. The timeline for settlement can be affected by a variety of factors.

It can take an extended time to determine who is responsible for an accident. A lawyer can assist you identify all the liable parties and maximize the settlement.

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit is dependent on many factors, including the possibility of liability and damages. The case can be delayed if the parties to the collision cannot reach an agreement on who is responsible. If there is disagreement over the credibility of witnesses or evidence of witnesses, it could delay the trial.

Settlement amounts can be wildly different according to the severity of injuries and the insurance policy of the trucking company and the state or federal regulations that govern commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means that they do not get paid until they have won a case, or reached an agreement.

It's not a surprise that semi-truck accidents are a major source of revenue for attorneys. Therefore, it's not uncommon to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking firm has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these truck accidents cause serious injuries or even death. Often, insurance companies will make it difficult for victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and the damages. However, a reputable attorney for 18 wheeler accident lawyer wheeler accidents can level the playing field and negotiate with these big insurance companies in order to obtain their clients the highest settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingency basis. This means that they don't get paid until the case is settled and they negotiate a settlement with their client. In the meantime, they must pay for court costs, conduct depositions, employ experts and other specialists, travel, and 18 Wheeler Accidents pay for any other expenses associated with winning the case.

Damages

18 wheeler accidents can lead to serious injuries, particularly in high-speed collisions. Due to the weight and size of these trucks, the impact of an accident can be more severe than a normal motor vehicle accident. This means that the damages could be more extensive as well.

In addition to the medical and property damage that could result from an 18-wheeler crash victims can also receive compensation for the loss of their income and the grief caused by the loss of a loved one. If you've suffered losses in a semi truck accident an attorney for personal injury can help you determine all of the compensation you may be entitled to receive.

It's no secret that litigation can be costly. Plaintiff attorneys need to pay for travel expenses to take depositions, pay expert witnesses, and pay court costs, which is why they must receive their clients' funds as quickly as they can. There are a variety of ways that plaintiffs can receive their money faster after a settlement. 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 amount of time it takes to settle a case that involves a truck. The most important factor is the severity of your injuries. It is crucial to wait until you have reached the point of maximum medical improvement before making a decision to settle. You may be able claim future losses, like loss of wages or a lower standard of living. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties regarding damages or liability can also prolong the settlement process. This can happen when there multiple insurance companies involved or if the parties disagree on who is responsible for the accident.

A qualified attorney for truck accidents can assist you in determining whether the insurance company provides you with an amount that is fair and if it will be able to cover your future and current damages. If the insurance company isn't willing to negotiate, you may need to file a suit that could prolong the time frame of the case. In certain situations, it could take a year or more to solve the issue.

Settlement

There are several things that can drastically alter the time it takes for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance implications. It may also take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. Don't settle a claim arising from an accident too quickly, as it could leave you with no money to cover the full amount of losses.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fees. They aren't paid until they win their case or reach an agreement. They are required to pay court costs along with travel and expert witness fees throughout the trial.

As you might imagine, this could be quite costly. Many 18-wheeler plaintiff attorneys employ settlement cash advances, or lawsuit loans to offset the legal expenses they incur out of pocket. This lets them access the funds sooner.