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

The time required to settle a truck accident case varies from one case to the next. The timeline for settlement can be affected by many factors.

For instance, it may take a while to determine who is liable for the accident. An attorney can help determine all the parties responsible and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors including the amount of liability and damages. The case can be delayed if the parties involved in the accident cannot reach an agreement on who is responsible. If there are disputes over the credibility of witnesses or evidence of witnesses, this may delay the proceedings.

Settlement amounts can vary greatly depending on the extent of injuries, the insurance policy of the trucking firm and the federal or state regulations that regulate commercial vehicles. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning that they don't receive compensation unless they win or reach a settlement in the case.

Due to the serious and often fatal injuries that result from accidents involving semi-trucks, it's not surprising that these cases are huge business for lawyers who handle them. Therefore, it's not unusual to see settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company is declared to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these truck crashes result in serious injuries or death. Often, insurance companies will make it difficult for victims of these accidents by offering settlement offers that don't reflect the full extent of their injuries and damages. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies in order to obtain their clients maximum settlements.

The defendants in a case involving an 18 wheeler could be held accountable for a variety of damages, including economic and non-economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic losses include pain and suffering and emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means they don't get paid until they win their case and reach an agreement with their client. In the meantime, they have to pay for court fees, take depositions, hire experts and other specialists, travel and pay for other expenses that are related to winning a case.

Damages

18 wheeler accident attorney-wheeler accidents can cause serious injuries, particularly if they occur at high speed. The consequences of an accident involving an 18-wheeler could be more intense because of its size and weight. This means that damages can be more severe as well.

In addition to the physical and medical damage that may result from an 18-wheeler crash, victims can also receive compensation for lost income and the grief caused by the loss of a loved one. A personal injury lawyer can assist you to determine the full compensation you can receive if you were a victim of the crash of a semi-truck.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for things like travel for depositions, travel to court, hire expert witnesses, and pay costs for court, so they need their clients' money as fast as possible. There are a variety of ways for plaintiffs to get their money quicker after settlement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties who require to pay for their expenses while waiting for their settlement.

Timeline

Many factors influence the length of time required to settle an accident case which involves the truck. One of the major factors is the severity of your injuries. You should wait until your condition has improved to its maximum before making a decision on settlement. This is because you could be entitled to claim future losses such as lost wages or diminished quality of life. Your attorney will need evidence to support these claims.

Another reason that could delay the process of settlement is a dispute between two parties over liability or damages. This can happen when there multiple insurance companies involved or the parties disagree on who is responsible for the accident.

A reputable lawyer for truck accidents will help you determine if the insurance company is offering you an appropriate amount to settle your case and whether or the insurance company will be able to cover all of your future and current losses. If the insurance company is unwilling to negotiate, it may be required to file a lawsuit which could prolong the timeline for the case. In some instances the case could take more than a year to resolve.

Settlement

There are many things that can drastically alter the timeline it takes for an 18-wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance considerations involved. It could also take time for your doctor's report to demonstrate permanent impairments, which could impact the future loss you suffer. It is vital to never settle your claim too early, as it could leave you without the money you'll need to cover the full extent of your injuries.

Attorneys who represent plaintiffs in 18 wheeler accidents are paid contingency fees and don't get paid until they are successful or reach a settlement. This means that they've to pay for their own money to cover expenses for travel, court costs and expert witness costs all during the course of the case.

As you can imagine this can add up to quite a lot. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to offset their legal costs out of pocket. This allows them to get the money sooner.