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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 instance can vary from case to case. There are a number of variables that can affect the speed of settlement.

For instance, it may take some time to determine who is liable for the accident. A lawyer can assist in identifying all parties responsible and help maximize the settlement.

What to Expect

The timeline for 18 wheeler accident a settlement in a case involving an 18-wheeler is dependent on many factors including the amount of the possibility of liability and damages. If the parties involved in the collision are unable to reach an agreement on the their respective faults, this could delay the trial. If there are any disagreements regarding the evidence or witness testimony, it may take more time to resolve these issues.

Settlement amounts vary according to the severity of injuries and the insurance policy of the trucking company and the current laws and regulations of the federal or state that govern commercial vehicles. Remember that plaintiff lawyers are paid on the basis of contingency. This means they are not paid until they succeed in winning a case or reach a settlement.

It's not a surprise that semi-truck accidents are a lucrative business for attorneys. As such, it's not common to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking company is deemed negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these accidents cause serious injuries or even death. Insurance companies often underestimate the injuries and damages of victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to get their clients the most lucrative settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they win their case and reach a settlement for their client. In the meantime, they must pay for court fees, take depositions and hire experts, other specialists, travel, and pay for other costs associated with winning the case.

Damages

18 wheeler accident attorneys-wheeler accidents could cause serious injuries, particularly when they occur at a high speed. The impact of an 18-wheeler crash could be more intense because of its weight and size. This means that the damage could be more extensive as well.

In addition to the medical and property damage that can result from an 18 wheeler crash victims can also claim compensation for the loss of their wages as well as the grief caused by the loss of loved ones. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to when you have suffered losses as a result of an accident involving a semi truck.

Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses and court costs. They must receive the money of their clients as fast as possible. There are many ways for plaintiffs to get their money quicker after the settlement. These are known as post settlement advances or lawsuit loans. They are a great method for injured parties to pay costs while waiting for their settlement.

Timeline

There are many factors that affect the amount of time required to settle a case with a truck. The severity of your injuries is a significant factor. It is important to wait until you have achieved your maximum medical improvement before making a decision to settle. You could be eligible for future losses, such as loss of wages or a lower standard of life. Your attorney will need to present evidence to support your claims.

A dispute between two parties over the liability of either party can delay the settlement process. This can happen when there are several insurance companies involved, or if the parties are disputing the who was responsible for the accident.

A qualified truck accident lawyer will help you determine if the insurance company is providing you with an adequate amount for your claim and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company is unwilling to negotiate, it may be required to file a lawsuit that could extend the time frame for the case. In certain situations, it could take at least a year to finish the case.

Settlement

There are many factors that can dramatically extend the time required for an 18-wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two aspects that can impact the timeline. It could take a bit of time for your doctor's records to reveal permanent impairments that could affect the future loss you suffer. It is vital to never settle your accident claim in a hurry, as it may result in you not receiving the funds you need to recover for the full range of damage.

Attorneys who represent plaintiffs in 18 wheeler-related accidents work on contingency fees. They aren't paid until they prevail or reach a settlement. They are required to pay court costs and travel expenses as well as expert witness fees throughout the course of a case.

As you could imagine, this can be quite costly. Many 18-wheeler plaintiff lawyers employ settlement cash advances, 18 Wheeler Accident or lawsuit loans to offset their legal costs out of pocket. This lets them access the funds sooner.