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

The amount of time required to settle a trucking accident instance can vary from case to case. There are many factors that can influence the length of time to settle.

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

What to Expect

The time frame for settlement of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including the liability and damages. The case can be delayed if the parties involved in the collision are not able to agree on the cause of the accident. If there are disagreements over the credibility of witnesses or evidence of witnesses, this could delay the case.

Settlement amounts can differ greatly depending on the extent of injuries and the insurance policy of the trucking firm and the current state or federal regulations that regulate commercial vehicles. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, which means they don't get paid until they prevail or settle the case.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these cases are huge business for lawyers who represent them. Settlements can often reach millions of dollars in these cases. This is especially true if the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these truck accidents cause serious injuries and even death. In many cases, insurance companies make it difficult for victims of these accidents by offering settlement offers that don't reflect the full extent of their injuries and the damages. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies in order to obtain their clients maximum 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 can include medical bills, lost wages, and future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until their case is won and they reach a settlement with their client. They must pay court fees and hire experts, as well as other specialists, travel, and other expenses that go along in winning the case.

Damages

18 wheeler accident lawyer wheeler accidents can lead to severe injuries, especially in high-speed collisions. Due to the size and weight of these trucks, the impact of an accident can be more severe than a typical motor vehicle crash. The damages could also be more extensive.

In addition to the physical and medical damages that can be caused by an 18-wheeler accident victims may also be eligible for compensation for their lost earnings and the pain caused by the loss of a loved one. A personal injury lawyer can assist you to determine the total amount you are entitled to if have suffered losses due to the crash of a semi-truck.

Litigation can be expensive. Plaintiff attorneys must pay for travel, depositions, expert witnesses, and court costs. They require the funds of their clients as quickly as possible. There are many ways that plaintiffs can receive their money sooner after a settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties who need to pay for their expenses while waiting for their settlement.

Timeline

A variety of factors affect the time required to settle a case which involves trucks. The severity of your injuries is an important factor. It is essential to wait until you have achieved your maximum medical improvement before making a decision on settlement. This is because you could be eligible to claim future losses such as lost wages or a diminished quality of life. Your attorney will need evidence to prove these claims.

A dispute between the parties about the liability of either party can delay the settlement process. This can happen when multiple insurance companies are involved or the parties disagree on who is at fault.

A qualified truck accident attorney can assist you in determining whether the insurance company provides you with a fair amount and if it will cover your current and future damages. If the insurance company isn't willing to negotiate, you may require a lawsuit which could extend the duration of the case. In certain cases it may take an entire year or more to finish the case.

Settlement

There are several factors that can cause some time to settle a lawsuit against an 18-wheeler. This includes the severity of 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. Don't settle an accident claim too quickly, as it could leave you without money to cover the full amount of losses.

Plaintiff attorneys who litigate in 18-wheeler collisions are paid on a contingency fee basis and are not paid unless they win or negotiate a settlement. They have to pay for court costs and travel expenses as well as expert witness fees throughout the trial.

As you can imagine this can add up to a amount. Many 18-wheeler plaintiff attorneys utilize settlement cash advances or lawsuit loans to offset the legal expenses they incur out of pocket. This lets them receive the funds earlier.