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

The amount of time required to settle a trucking crash instance can vary from case to case. The time frame for 18 wheeler accident attorney settlement could be affected by several factors.

It can take a long time to determine who is accountable for an accident. An attorney can help determine all the parties responsible and maximize your settlement.

What to Expect

The timeframe for settling of a 18-wheeler lawsuit is dependent on a myriad of factors, including the amount of liability and damages. The case can be delayed if the parties to the collision are not able to reach an agreement on who is responsible. If there is a dispute regarding the evidence or the testimony of witnesses, this could delay the proceedings.

Settlement amounts can be wildly different dependent on the severity of injuries, the insurance policy of the trucking firm and the laws and regulations of the federal or state that govern commercial vehicles. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means they are not paid until they succeed in winning a case or reach an agreement.

Due to the serious and often fatal injuries that result from semi-truck accidents, it’s no surprise that these cases are a huge business for the attorneys who handle them. In this way, it’s not unusual for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been found to be negligent.

Liability

Every year, 18 wheeler accident attorney there are more than 100,000 accidents involving 18 wheeler accident lawyer wheelers in the United States. Many of these accidents cause severe injuries and even death. Insurance companies tend to undervalue the damage and injuries suffered by victims in these accidents. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to ensure that they offer their clients maximum settlements.

The defendants in a case involving an 18 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, wages lost and future earnings. Non-economic damages can include suffering and pain as well as emotional distress, disfigurement, and diminished quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingent basis. This means that they do not get paid until their case is resolved and they reach a settlement with their client. In the meantime, they have to pay for court costs, conduct depositions, employ experts and other specialists, travel and pay for other expenses related to winning a case.

Damages

18-wheeler accidents could cause serious injuries, especially when they occur at high speed. The impact of an 18-wheeler accident can be more serious because of its weight and size. The damage could be higher.

In addition to medical and property damages that result from an 18-wheeler collision victims could be able to claim compensation for the loss of wages and grief caused by the loss of a loved. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to when you were a victim of an accident involving a semi truck.

The cost of litigation can be high. Plaintiff attorneys must pay for things like travel for depositions, travel to court, hire expert witnesses, and cover court costs, so they require their clients’ funds as quickly as possible. There are a variety of ways plaintiffs can receive their funds faster after a settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. These are an excellent way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that affect the amount of time required to settle an accident case which involves trucks. One of the most important factors is the severity of your injuries. You should wait until your medical condition has improved to the maximum before settling. You could be eligible to claim future losses, such as lost wages or the lower quality of life. Your attorney will need to provide evidence to back your claims.

A dispute between the parties regarding the liability or damages could delay the settlement process. This can occur when there are multiple insurance companies involved or the parties are disputing who is responsible for the accident.

A reputable truck accident attorney can help you determine whether the insurance company is willing to pay an acceptable amount 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 some cases, the case could take more than a full year to resolve.

Settlement

There are a few factors which can cause a long time to settle an 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance considerations involved. It may also take some time for your doctor’s records to show permanent impairments which could impact the future loss you suffer. Don’t settle a claim arising from an accident too early, as this could leave you with no money to cover all damages.

Plaintiff attorneys who handle 18 wheeler-related accidents work on contingency fee and don’t get paid until they win their case or reach an agreement. This means they’ve to invest their own money to cover expenses for travel, court costs and expert witness costs all during the this case.

As you might imagine, this could be quite costly. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called settlement cash advances) to help offset their out-of-pocket legal expenses to be able to collect the money they owe sooner.