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

The amount of time required to settle a trucking crash case can vary from case to case. There are a number of factors that could affect the length of time to settle.

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

What to Expect

The time frame for settlement in a case involving an 18-wheeler depends on a variety factors, including the possibility of liability and damages. If the parties involved in the accident cannot reach an agreement about their respective faults, this could delay the proceedings. If there are disputes over the credibility of witnesses or evidence of witnesses, this may also delay the case.

Settlement amounts vary depending on the extent of injuries and the insurance policy of the trucking company, and the existing laws and regulations of the federal or state that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on an on a contingency basis. This means that they are not paid until they win a case or reach a settlement.

Due to the serious and often fatal injuries that can result from semi-truck accidents, it's no surprise that these cases are a huge business for the attorneys who litigate them. It's unusual for settlements in these cases to amount to millions of dollars or more. This is especially true if the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these crashes result in serious injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to secure their clients the maximum settlements.

In an 18-wheeler lawsuit the defendants could be held liable for economic and noneconomic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering and emotional distress, disfigurement, and diminished quality of living.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingent basis. This means that they do not receive compensation until the case is settled and they settle with their client. In the meantime, they need to cover court costs, take depositions, engage experts and other specialists, travel and pay for other expenses required to win a case.

Damages

18 wheeler accidents can cause serious injuries, particularly when they're high-speed accidents. Due to the weight and size of these trucks, the impact may be more severe than a regular motor vehicle accident. This means that damages can be greater as well.

In addition to medical and property damage that could result from a 18-wheeler crash, victims may be able to claim compensation for lost wages and the grief that is caused by the loss of a loved. A personal injury lawyer can help determine the maximum amount of compensation you are entitled to when you are suffering losses as a result of an accident involving a semi truck.

The costs of litigation can be quite high. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses, and court costs. They require the funds of their clients as fast as they can. There are a variety of ways that plaintiffs can receive their money quicker after settlement. These are known as post settlement advances or lawsuit loans. These are a great way for injured parties to pay expenses while they wait on their settlement.

Timeline

Many factors influence the amount of time it takes to settle an accident case involving a truck. The severity of your injuries is an important factor. It is best to wait until your medical condition has improved to its maximum before you settle. This is because you might be eligible to claim future losses such as lost wages or diminished quality of life. Additionally, your attorney will require evidence to support these claims.

A dispute between the parties about damages or liability can also delay the settlement process. This can occur when multiple insurance companies are involved or the parties are not able to agree on who was at fault.

A qualified attorney for truck accidents will help you determine if the insurance company will offer you an adequate amount and whether it will pay for future and current damages. If the insurance company refuses to compromise, it could be necessary to file a suit which can extend the duration of the case. In some instances, it could take a year or 18 wheeler accident more to resolve the case.

Settlement

There are a few factors that can cause an extended time to settle a lawsuit against an 18-wheeler. This is due to the severity of the injuries and the insurance considerations that are involved. It could take time for your doctor to provide evidence of permanent impairments that could impact your future losses. It is crucial to not settle your claim for an accident in a hurry, as it may leave you without the money you're entitled to for your entire range of losses.

Attorneys representing plaintiffs who litigate in 18-wheeler accidents are compensated on a contingent fee basis and do not get paid unless they win or negotiate an agreement. They are required to pay court costs along with travel and expert witness fees during the course of a case.

As you can imagine, this can add up quite a bit. A lot of 18 wheeler accident attorneys wheeler plaintiff lawyers use post settlement advances (also called lawsuit loans or settlement cash advances) to offset the legal costs they incur out of pocket to be able to collect the money they owe sooner.