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

The time it takes to settle a trucking accident situation can differ from case to case. The time frame for settlement could be affected by a variety of factors.

For instance, it might take time to determine who is accountable for the accident. A lawyer can help identify the responsible parties and maximize the settlement.

What to Expect

The timeline for a settlement in a lawsuit involving an 18-wheeler depends on a variety factors, including liability and damages. The case could be delayed if the parties to the collision are not able to agree on the fault. If there is a dispute over the credibility of witnesses or evidence of witnesses, this could delay the case.

Based on the severity of the injuries, the amount of the trucking company's insurance policy and any existing federal or state regulations for commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff lawyers are paid on a contingency basis. This means that they don't get paid until they succeed in winning a case or reach an agreement.

It's no surprise that semi-truck accident cases are a lucrative business for lawyers. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year that involve 18-wheelers. Many of these crashes result in serious injuries and even death. Often, insurance companies will reduce the victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies in order to obtain their clients maximum settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingent basis. This means that they do not receive compensation until their case is settled and they agree to a settlement with their client. They are required to pay court costs as well as hire experts, other specialists, travel, and other expenses associated with winning the case.

Damages

18-wheeler accidents can cause serious injuries, particularly when they happen at high speeds. Due to the weight and size of these trucks, the impact could be even more severe than a normal motor vehicle accident. This means that the damages could be higher as well.

In addition to the medical and property damages that result from a crash involving an 18-wheeler, victims may also be entitled to compensation for lost wages and grief caused by the death of a loved. A personal injury lawyer can help you determine the amount of compensation you are entitled to when you have suffered losses as a result of an accident involving a semi-truck.

Litigation can be expensive. Attorneys representing plaintiffs need to pay for depositions, travel, expert witnesses, and court costs. They must get the money of their clients as quick as they can. There are several ways plaintiffs can receive their funds more quickly after a settlement. These are referred to as post-settlement advances, lawsuit loans, or settlement cash advances. They are a great option for injured parties who require to pay for their expenses while they await their settlement.

Timeline

There are a myriad of factors that contribute to 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 the point of maximum medical improvement before making a decision on settlement. You may be able to claim future losses, like lost wages or the lower quality of living. Your lawyer will have to prove your claims.

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

A qualified attorney for truck accidents can help you determine if the insurance company provides you with an amount that is fair and if it will cover future and present damages. If the insurance company refuses to negotiate, it could be necessary to file a lawsuit which could prolong the duration of the case. In some instances it could take more than a year for the resolution.

Settlement

There are several things which can significantly extend the time required for an 18 wheeler accident law firm-wheeler lawsuit to settle. This includes the severity of 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. It is essential to never settle your claim too early, as it could leave you without the money you'll need to recuperate your entire range of losses.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fees. They don't get paid until they prevail or reach an agreement. This means that they've to invest their own money to cover court costs, travel, and expert witness expenses all throughout this case.

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