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

The time it takes to settle a trucking accident case can vary from case to case. There are many factors that could affect the speed of settlement.

It can take some time to determine who is responsible for an accident. A lawyer can assist you determine all the parties responsible and maximize your settlement.

What to Expect

The time frame for settling of a 18-wheeler lawsuit is dependent on a variety of factors, including the possibility of liability and damages. If the parties involved in the incident are unable to reach an agreement on who is at fault, it could delay the process. If there is a dispute about the evidence or testimony of witnesses, this could delay the proceedings.

Based on the severity of the injuries, the size of the trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff lawyers are paid on a contingency basis. This means they are not paid until they are successful in a case or agree to a settlement.

It's not a surprise that semi-truck accident cases are a lucrative business for lawyers. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking company has been deemed negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these truck accidents cause severe injuries and even death. Most often, insurance companies reduce the victims of these accidents with settlements that do not reflect the extent of their injuries and damages. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to secure their clients the maximum settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means that they don't get paid until they win their case and reach a settlement for their client. They have to pay court costs, hire experts, other specialists, travel and other expenses associated with winning the case.

Damages

18 wheeler accidents can lead to severe injuries, particularly when they're high-speed accidents. The impact of an 18 wheeler accident-wheeler accident could be more serious because of its size and weight. This means that the damage could be more severe as well.

In addition to medical and property damages that result from a 18-wheeler crash, victims may be able to claim compensation for the loss of earnings and grief due to the loss of a loved. A personal injury lawyer can assist you to determine the total amount you can receive if you have suffered losses due to a semi truck crash.

It's no secret that litigation is expensive. Plaintiff attorneys must pay for travel expenses and depositions, as well as hire expert witnesses, and cover court costs, so they must get their clients' cash as soon as possible. There are several ways plaintiffs can get their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to pay expenses while waiting on their settlement.

Timeline

There are a myriad of factors that contribute to the time it takes to settle a truck crash case. The severity of your injuries is a significant factor. You should wait until your condition has improved to its maximum before settling. You may be able claim future losses, such as lost wages or diminished quality of life. Your lawyer will have to provide evidence to support your claims.

A dispute between two parties over damages or liability can also delay the settlement process. This could happen when several insurance companies are involved or the parties disagree on who is responsible.

A skilled truck accident lawyer will help you determine if the insurance company is offering an adequate amount for your case and whether or not it will pay for all of your future and current losses. If the insurance company is unwilling to negotiate, it could be required to file a lawsuit, which could extend time for the case. In certain situations it could take an entire year or more to resolve the case.

Settlement

There are a few things that can cause an extended time to settle an 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two factors that could affect the timeframe. It may also take some time for your doctor's records to demonstrate permanent impairments, which could affect 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'll need to recuperate the full range of damages.

Attorneys representing plaintiffs who litigate in 18-wheeler collisions are paid on a contingency fee basis and do not get paid until they win or agree to an agreement. They must pay for court costs along with travel and expert witness fees during the course of a case.

As you can imagine, this could add up to a quite a lot. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to pay for their out-of pocket legal expenses. This lets them receive the funds earlier.