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

The time needed to settle a trucking crash case varies from case to case. The time frame for settlement could be affected by a variety of factors.

For example, it can take some time to determine who is accountable for the accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The time frame for settlement of a lawsuit against an 18-wheeler depends on many factors, including the amount of liability and damages. The case could be delayed if the parties in the collision are not able to reach an agreement on who is responsible. If there are disputes regarding the evidence or the testimony of witnesses, this may delay the case.

Depending on the extent of the injuries, the scope of the trucking company's insurance policy and existing state or federal regulations for commercial vehicles, settlement amounts may vary widely. Remember that plaintiff lawyers are paid on the basis of a contingency. This means they are not paid until they have won a case, or reached an agreement.

It's not too surprising that semi-truck accidents are a lucrative business for lawyers. It's unusual for settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company has been deemed negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these crashes result in serious injuries, or even death. Insurance companies often underestimate the damage and injuries suffered by victims in these accidents. However, a good attorney for 18 wheeler accidents can even the playing field and negotiate with these massive insurance companies to secure their clients the maximum settlements.

The defendants in an 18 wheeler lawsuit may be held liable for various types of damages, including non-economic and economic damages. Economic damages could include medical bills, lost wages or future earnings. Non-economic damages include suffering and pain and emotional distress, disfigurement, and diminished quality of living.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they are successful and can negotiate an agreement with their client. They must pay court costs and hire experts, as well as other specialists, travel and other costs associated in winning the case.

Damages

18 wheeler accidents can lead to serious injuries, especially if they are high-speed crashes. The impact of an 18-wheeler crash is more intense because of its weight and size. This means that the damages could be more severe as well.

In addition to the property and medical damage that can result from an 18-wheeler accident victims may also be eligible for compensation for the loss of their wages and the grief caused by the loss of loved ones. A personal injury lawyer can help you determine the total amount you can receive if you are suffering losses as a result of the crash of a semi-truck.

The costs of litigation can be quite high. Plaintiff attorneys must pay for things like travel and depositions, as well as hire expert witnesses, and pay costs for court, so they require their clients' funds as quickly as they can. Fortunately, there are ways that plaintiffs can get their money faster following settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. These are an excellent way for injured parties to pay costs while waiting for their settlement.

Timeline

Many factors influence the time it takes to settle a case that involves trucks. One of the major factors is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before you settle. This is because you may be able to claim future losses, such as lost wages and a decreased quality of life. Your attorney will require evidence to support these claims.

A dispute between two parties over the liability or damages could prolong the settlement process. This is often the case when there are multiple insurance companies involved or when the parties are arguing about who was responsible for the accident.

A reputable lawyer for truck accidents can help you determine if the insurance company is offering an adequate amount for your claim and whether or it will take care of all your future and current losses. If the insurance company refuses to compromise, it could be required to file a lawsuit that could extend the timeline for the case. In some instances the case may take more than a year to resolve.

Settlement

There are a few things that can cause the longest time to settle a lawsuit against an 18 wheeler accident attorneys-wheeler. This is due to the severity of the injuries and the insurance considerations that are involved. It can take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. You should never settle a claim arising from an accident too quickly as it may leave you without a sufficient amount to cover your full range damage.

Plaintiff attorneys who handle 18 wheeler crashes work on contingency fees and don't get paid until they prevail or reach an agreement. This means that they've to pay for their own money to pay for court costs, travel, and expert witness fees all during the the case.

As you can imagine this can add up to a large amount. Many 18 wheeler accident law firms-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to cover their legal costs out of pocket. This allows them to access the funds sooner.