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

The time it takes to settle a truck accident situation varies from case to the next. The timeframe 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 in identifying the parties responsible and maximize the settlement.

What to Expect

The timeframe for settling in a lawsuit against an 18-wheeler is contingent on a variety of factors which include the possibility of liability and damages. The case could be delayed if the parties in the accident cannot agree on the fault. If there is a dispute regarding the evidence or the testimony of witnesses, this may delay the case.

Settlement amounts vary dependent on the severity of injuries and the insurance policy of the trucking company and the federal or state regulations that govern commercial vehicles. Remember that plaintiff attorneys are paid on an on a contingency basis. This means they are not paid until they have won a case, or reached a settlement.

Because of the severe and often fatal injuries that can result from semi-truck accidents, it's not surprising that these cases are big business for the attorneys who handle them. In this way, it's not unusual to see settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company has been deemed negligent.

Liability

In the United States, there are more than 100,000 accidents per year involving 18-wheelers. Many of these truck crashes result in serious injuries or even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. However, an experienced attorney for 18 wheeler accidents can even the playing field and negotiate with these massive insurance companies in order to obtain their clients the highest settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for several types of damages, including non-economic and economic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages can include emotional distress, disfigurement or reduced quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until the case is settled and they reach a settlement with their client. In the meantime, they must cover court costs, take depositions, employ experts and other specialists, travel, and pay for other expenses that are associated with winning the case.

Damages

18-wheeler accidents could cause serious injuries, especially when they occur at high speeds. The effects of an 18-wheeler collision can be more than normal because of its size and weight. The damages could also be more extensive.

In addition to the medical and property damages that result from a 18-wheeler crash, victims may be able to claim compensation for the loss of wages and grief caused by the loss of loved ones. If you have experienced losses in a semi truck accident an attorney for personal injury can help you determine the amount of the compensation that you could be entitled receive.

It's not a secret that litigation is expensive. Attorneys representing plaintiffs need to pay for travel, depositions, expert witnesses, 18 wheeler Accidents and court costs. They must get the money of their clients as fast as possible. There are ways for plaintiffs to get their money sooner after a settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. These are an excellent option for injured parties who require to pay for their expenses while they await their settlement.

Timeline

There are many factors that influence how long it takes to settle a truck crash case. One of the most important factors is the severity of your injuries. It is crucial to wait until you have reached your maximum level of medical improvement before making a decision to settle. This is because you may be eligible to claim future losses such as lost wages or a diminished quality of life, and your attorney will require evidence to support these claims.

Another factor that can lengthen the settlement process is a dispute between two parties over the liability of damages or liability. This can happen when multiple insurance companies are involved, or the parties do not agree on who is responsible.

A reputable truck accident lawyer can help you determine if the insurance company is offering you an adequate amount for 18 wheeler accidents your case and whether or the insurance company will take care of all your current and future losses. If the insurance company is unwilling to negotiate, it might be necessary to file a lawsuit which can extend the time frame for the case. In certain cases it may take at least a year to finish the case.

Settlement

There are many factors that can dramatically extend the time frame required for an 18 wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance concerns involved. It could take a bit of time for the documentation from your doctor to show permanent impairments which could affect the future loss you suffer. Don't settle a claim for an accident too early, as this could leave you without money to cover your full range losses.

Attorneys representing plaintiffs who litigate in 18-wheeler collisions are paid on a contingency fee basis and are not paid until they win or reach a settlement. They are required to pay court costs as well as travel expenses and expert witness fees throughout the trial.

As you can imagine, this can add up to a quite a lot. Many 18 wheeler accident lawsuits-wheeler plaintiff attorneys employ settlement cash advances, or lawsuit loans to cover their out-of pocket legal expenses. This allows them to receive the funds earlier.